The French president hopes Beijing can be useful in pressing Russia to end the war in Ukraine. How exactly is not clear.
Tag: Economic Conditions and Trends
Nigel Lawson, Economic Force Under Thatcher, Dies at 91
As chancellor of the Exchequer, he helped lift Britain with tax cuts and other Conservative measures — the “Lawson Boom” — but harder times followed, and he resigned in bitterness.
No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid
The kingdom used to send money to poorer countries like Egypt with few strings attached. But it is increasingly leveraging its economic power for influence in the Middle East and beyond.
Even as U.S. Beckons, European Leaders Head to Beijing
China is trying to improve relations with the European Union just as the United States is pushing the bloc to pick sides.
Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
U.K. Inflation Swings Upward, to 10.4 Percent
Prices in Britain reversed a recent downward trend, rising 10.4 percent over the year through February.
Xi and Putin Bind China and Russia’s Economies Further, Despite War in Ukraine
On the second day of the Chinese leader’s state visit in Moscow, Xi Jinping and Vladimir V. Putin declared an enduring economic partnership, in an effort to insulate their countries from punitive Western measures.
The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding hardship has increasingly become one of haves and have-nots.
20 Years After U.S. Invasion, Iraq Is a Freer Place, but Not a Hopeful One
Conversations with dozens of Iraqis offer a portrait of a nation that is rich in oil, hobbled by corruption and unable to guarantee its citizens’ safety.