As newly middle-class Indians flock to Goa’s beaches, residents of the former countercultural enclave worry its laid-back, tolerant vibe will be disrupted by the visitors’ more conservative mores.
Tag: Economic Conditions and Trends
Feature: Shopping in Pyongyang, and Other Adventures in North Korean Capitalism
Far from the stereotype of total economic isolation, the black market has brought a surprising degree of modernity and consumerism — for some.
Millions Flowed From Venezuelan Oil Firm to Small Bulgarian Bank
Bulgarian officials, tipped off by the United States, froze accounts and are investigating possible laundering of money from the battered state oil company.
U.S.-China Trade Talks Face Big Obstacle: Ensuring That Promises Are Kept
American negotiators, worried that Beijing will drag its feet on sticking to the provisions of a deal, want a way to punish failures to comply. Their Chinese counterparts may not go along.
Cryptocurrency Was Their Way Out of South Korea’s Lowest Rungs. They’re Still Trying.
A generation of the young with dead-end social and economic prospects, calling themselves “dirt spoons,” aimed to strike it rich. They’ve ended up with big losses.
Workers’ Activism Rises as China’s Economy Slows. Xi Aims to Rein Them In.
Small-scale protests underscore the challenges that the slowdown poses to China’s top leader, who has aggressively promoted the “Chinese dream” of greater wealth and a fairer society.
Who Supports Which Leader in Venezuela? Why Does This Matter?
President Nicolás Maduro of Venezuela, the formerly prosperous nation now plunged into crisis, and the opposition leader Juan Guaidó are vying for backing at home and abroad to support their claims.
Australian Banks Overcharged Clients, Even After Some Died, Report Finds
A government-appointed commission called for tougher regulations on the country’s financial industry, but a softening economy could hinder efforts to rein it in.
Japan’s Working Mothers: Record Responsibilities, Little Help From Dads
Men in Japan do fewer hours of housework and child care than in any of the world’s richest nations. That keeps women from getting better jobs and holds back the economy.
Lebanon Forms New Government After 9 Months of Deadlock
Prime Minister Saad Hariri apologized to the Lebanese people for the long delay in forming a government, and said “bold reforms” were needed to address the nation’s chronic problems.