Pharmacists can’t restock medicines; workers aren’t being paid. But the government still loves to block the internet for “peace and tranquillity.”
Tag: Economic Conditions and Trends
Hong Kong’s Economy Shudders After Protests Plunge Airport Into Chaos
Clashes at one of the world’s busiest transportation hubs could cast further doubt on the city’s future as a business capital on China’s doorstep.
Pakistan Runs Out of Options as India Tightens Grip on Kashmir
Threatened with sanctions over its ties to militants, and with the cost of war perilously high, Pakistan has little recourse diplomatically or militarily.
‘Weaponized’ Currency and Mining Limits: China’s Responses to Trump Take Shape
Beijing’s signals suggest it is ready to retaliate should the White House follow through on its new tariff threat, with potentially disruptive results.
U.S. Sanctions Turn Iran’s Oil Industry Into Spy vs. Spy
Accused C.I.A. spies are said to have been gathering intelligence on oil sales, data that the Americans want and that Iran wants to keep secret.
China Signals It Will Continue to Weaken Its Currency as Trade War Rages
The country’s central bank guided the renminbi past another key point, suggesting Beijing could weaponize it if Trump imposes more tariffs.
With Tougher U.S. Sanctions on Venezuela, Bolton Says ‘Now is the Time for Action’
At a conference meant to find a solution to the standoff in Venezuela, John R. Bolton, the Trump administration’s national security adviser, pushed a hard-line approach and rejected compromises.
Circulating in China’s Financial System: More Than $200 Billion in I.O.U.s
As the trade war escalates, Beijing needs private companies to pull China’s economy out of its rut. But for some, ready money can be hard to find.
How Does China’s Currency Move Put Pressure on U.S.?
A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United States.
Trump Imposes New Sanctions on Venezuela
The order freezes the property and assets of the Venezuelan government, but some sanctions experts were skeptical about its likely effects.