Mr. Biden won applause when he noted that he and Mr. Xi had agreed to resume military-to-military communication to “reduce the risk of miscalculation.”
Tag: Economic Conditions and Trends
China’s Xi Jinping Draws Elon Musk, Tim Cook and Other U.S. CEOs to Gala in San Francisco
Amid frosty U.S.-China relations, Xi Jinping emphasized friendship in an address to executives from Apple, Boeing, Nike and others.
Youth Struggle to Find Jobs in South Africa, Where 6 in 10 Are Unemployed
Portia Stafford has a high school diploma in hospitality and three certificates from job training programs. She is among a generation of ambitious Africans who spend their days chasing an elusive opening.
Israeli Shekel Regains Value Lost Against Dollar After Attacks
The currency is now back to about where it was before the attacks on Oct. 7, after falling to an eight-year low.
U.S. Faces Tricky Questions With African Trade Group
Tensions hung over a trade summit in Johannesburg after the Biden administration suspended four African countries that had belonged to a program aimed at promoting economic development.
China’s Male Leaders Push to Get Women to Stay Home for Family
The Communist Party’s solution to the country’s demographic crisis and a slowing economy is to push women back into traditional roles.
Risk of a Wider Middle East War Threatens a ‘Fragile’ World Economy
After shocks from the pandemic and Russia’s invasion of Ukraine, there’s little cushion if the fighting between Hamas and Israel becomes a regional conflict.
Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation
The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.
5 Takeaways From Argentina’s Election
Javier Milei, a libertarian economist often compared to Donald Trump, will face off against Sergio Massa, Argentina’s economy minister, in a runoff next month.
How the Israel-Hamas War Imperils Action Against Global Warming
Oil prices could surge. Disagreements between nations could worsen. The conflict complicates already fragile global diplomacy ahead of crucial climate talks.