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Tag: International Trade and World Market

How Will China Turn Its Economy Back On? The World Is About to Find Out.

For months, investors and C.E.O.s waited anxiously for China to ease up on its Covid restrictions, which burdened the economy and were out of...

How Silicon Chips Rule the World

When I first arrived in Taiwan as a college student in the summer of 1973, there was no ambiguity whatsoever about the American role...

Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance

WASHINGTON — The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian oil is facing resistance amid private...

China Has Leapfrogged the U.S. in Key Technologies. Can a New Law Help?

In the weeks before the House and the Senate ended 13 months of arguments and passed the $280 billion CHIPS and Science Act, China’s...

Economy Is at Risk of Recession by a Force Hiding in Plain Sight

This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of recession, job losses, hunger and a...

Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock

WASHINGTON — Relief at the gas pump coupled with this past week’s news that businesses continue to hire at a blistering clip have tempered...

Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after...

To Pressure Taiwan, China is Now Targeting its Grouper Exports

FANGLIAO, Taiwan — Lin Chun-lai bought his grouper farm in southern Taiwan about a decade ago with an eye on mainland China’s growing appetite...

Companies Brace for Impact of New Forced Labor Law

WASHINGTON — A sweeping new law aimed at cracking down on Chinese forced labor could have significant — and unanticipated — ramifications for American...

Global Growth Will Be Choked Amid Inflation and War, World Bank Says

For large and small nations around the globe, the prospect of averting a recession is fading.That grim prognosis came in a report Tuesday from...

Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following in the footsteps of presidents like...

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the world economy, propelling a realignment of...

Japan’s Economy Shrank 1 Percent as Consumers Fled Covid

TOKYO — Last December, after two years of stop-and-go growth, Japan’s economic engine seemed like it might finally be revving up. Covid cases were...

American Importers Accuse Shipping Giants of Profiteering

David Reich assumed that a contract was a contract.His Chicago company, MSRF, assembles gift baskets for Walmart, Walgreens and other huge chains, importing key...

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