White-collar workers face job cuts and shrinking paychecks even in go-go industries like technology, suggesting the economic pain is broader than official figures show.
Tag: Economic Conditions and Trends
Turkey Enters Recession, a Blow for Erdogan as Elections Near
Turkish government figures show two consecutive quarters of declining growth amid falling investor confidence, shrinking investment and rising prices.
In India’s Election Season, an Explosion Interrupts Modi’s Slump
After a militant attack, more Indians are rallying behind Prime Minister Narendra Modi again, including some independent and undecided voters.
In India’s Election Season, a Bombing Interrupts Modi’s Slump
After a suicide bombing in Kashmir and brinkmanship with Pakistan, Prime Minister Narendra Modi is finding some undecided voters rallying to him.
Iran Tries to Expand Business in Iraq to Blunt U.S. Sanctions
Tehran has worked hard to deepen its political influence. Now, a visit by the Iranian president highlights efforts to strengthen economic ties.
U.S. and China Near Currency Deal, but Provisions May Not Be New
The currency rules as described by the governor of China’s central bank are practically identical to what Beijing promised in 2016.
Chinese Entrepreneur Takes On the System, and Drops Out of Sight
A dogged investor, missing files, an internet crusader, a disgraced judge — this scandal has drama galore. It’s about business frustration under President Xi Jinping.
Venezuela Blackout, in 2nd Day, Threatens Food Supplies and Patient Lives
Venezuelan officials blamed the opposition and the United States for the outage, but provided no evidence. At a hospital with a backup generator, one man said, “A lot of us are going to die here.”
U.N. Rights Chief, Denouncing ‘Gross Inequalities,’ Jabs at China and Israel
Michelle Bachelet cited Beijing’s treatment of ethnic Uighurs and the blockade of Gaza as examples of harsh injustice across the world.
A High-Level Resignation in Iran Is Seen as Sign of Hard-Liners’ Strength
Foreign Minister Mohammad Javad Zarif, a relative moderate in Iran’s clerical leadership, remains in his post. But he is frustrated.