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.
Tag: Economic Conditions and Trends
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.
Macron Pushes Through Law in France Raising Retirement Age
Lacking parliamentary support, the French president used a special measure to circumvent a vote, a step likely to further enrage opponents.
UK Budget Offers More Free Child Care as Work Incentive
In a major policy speech, Jeremy Hunt, the chancellor of the Exchequer, offered plans to promote greater work force participation, including more free child care.
Macron Faces Pivotal Week in His Attempt to Change France at Its Core
Huge crowds are again expected to protest President Emmanuel Macron’s plan to raise the retirement age before a decisive vote that could redefine his nation and his legacy.
As Economy Falters, China’s New Premier Tries to Boost Business Confidence
Li Qiang, the country’s No. 2 leader, sought to reassure entrepreneurs who have been wary of making new investments.
Iran’s Rulers, Shaken by Protests, Now Face Currency Crisis
Years of Western sanctions are partly to blame for the crisis. But economists say poor management by the country’s authoritarian clerical rulers also plays a big part.
After China’s Winter of Discontent, Xi Jinping Sets Sights on Growth and Power
China’s government said it expected the economy to grow “around 5 percent” this year. A meeting of the top legislature will reinforce Mr. Xi’s grip on power.
China’s Economy Will Expand About 5 percent, A Cautious Target
Last year China’s economy grew 3 percent, one of its worst performances. Now leaders are expecting a revival, but it will rely partly on public spending.