The leaked unemployment report undercut a tenet of Prime Minister Narendra Modi’s job-creation vows, and came out just months before the next election.
Tag: Economic Conditions and Trends
Iran Faces Worst Economic Challenge Since 1979 Revolution, Its President Says
President Hassan Rouhani said that severe American economic sanctions, not the Iranian government, should be blamed for problems like a crashing currency and rising costs.
Venezuela’s Military Backs Maduro, as Russia Warns U.S. Not to Intervene
The declaration of loyalty to President Nicolás Maduro was a setback for the Venezuelan opposition leader, who has been backed by several countries, including the United States.
Is Zimbabwe’s President Showing His True Colors After Violent Protests?
Hopes that Emmerson Mnangagwa would govern with a lighter hand than his predecessor, Robert Mugabe, have been dashed by a crackdown on demonstrations.
Venezuela Crisis Was Years in the Making. Here’s How It Happened.
For years, Venezuela’s economy has slowly collapsed, fueling poverty, crime and mass demonstrations. The New York Times has documented that descent, and how Nicolás Maduro has stayed in power.
South Africa Leader, Wooing Investors, Pledges End to Corruption
“We cannot carry on like this,” President Cyril Ramaphosa said in an interview at the Davos economic forum.
Brazil’s Bolsonaro Is the Face of Populism at the Davos Forum
President Jair Bolsonaro set the tone for a Davos gathering with many U.S. and European leaders absent this year, dealing with crises back home.
DealBook: Chilling Davos: A Bleak Warning on Global Division and Debt
An influential financier says investors should pay heed to growing risks and social tensions — a message resonating at the World Economic Forum.
The New New World: China Transforms, and a Factory Owner Struggles to Follow
Shao Chunyou rose from the assembly line to the boss’s office. Now the old recipes for success don’t work, and he must reinvent himself again.
China’s Economy, by the Numbers, Is Worse Than It Looks
New figures suggest the economic outlook may be improving but that growth has slowed more than the headline figure shows.