Israel’s prime minister has long advocated a small state, free markets and benefit cuts. But his new budget is heavy on subsidies for the ultra-Orthodox community, whose political support he needs.
Tag: Economic Conditions and Trends
Turkey’s Next President Will Win an Economy in Peril
A surge in government spending before the election this month and pressure on the country’s currency could hit the economy in coming months, experts say.
Greece Elections: New Democracy on Track to Win Most Votes
Prime Minister Kyriakos Mitsotakis’s New Democracy party did not win enough votes to form a one-party government. But he appeared to rule out talks to form a coalition, setting the stage for a second vote in weeks.
As Greece Votes, Leader Says Blocking Migrants Built ‘Good Will’ With Europe
Prime Minister Kyriakos Mitsotakis has taken a tough line on migrants as he turns around the country’s economy. It’s a trade-off that voters and the European Union seem more than willing to abide.
Before Greek Vote, Leader Says Blocking Migrants Built ‘Good Will’ With Europe
Prime Minister Kyriakos Mitsotakis has taken a tough line on migrants as he turns around the country’s economy. It’s a trade-off that voters and the European Union seem more than willing to abide.
What’s De-risking and How Does It Compare to Decoupling
The newly fashionable term, reflecting an evolution in the discussion over dealing with a rising, assertive China, has a vexing history in financial policy.
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.
For Biden, Debt Limit Crisis Complicates Trip to Asia
Volatility has become the new norm in Washington as the president heads to Japan, where he will reassure world leaders that the debt ceiling showdown will not upend the global economy.
Turkey’s Opposition Struggles to Chart Path as Runoff Nears
President Recep Tayyip Erdogan looks likely to benefit most from the votes that went to an ultranationalist candidate eliminated in the first round.
Erdogan’s Grip on Power Is Loosened but Not Broken, Vote Shows
Despite a struggling economy, the disastrous earthquakes in February and Turkey’s drift toward one-man rule, President Recep Tayyip Erdogan was in the lead ahead of a runoff.