The United States is trying to lessen its dependence on Chinese goods, but research is showing how tough it is to truly alter global supply chains.
Tag: Economic Conditions and Trends
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
The United States is trying to lessen its dependence on Chinese goods, but research is showing how tough it is to truly alter global supply chains.
Zimbabwe’s Neighbors Cast Doubt on Elections That Gave Mnangagwa the Win
The main regional bloc in southern Africa and the African Union declined to rubber stamp the elections and cast doubt on a vote that led to President Emmerson Mnangagwa’s re-election.
U.S. Commerce Secretary Faces a Wide Range of Issues in China
From tourism to advanced technology, here are the topics that are dominating the secretary’s visit to China this week.
Raimondo Heads to China to Both Promote Trade, and Restrict It
The commerce secretary’s trip may be the clearest demonstration yet of the balancing act the Biden administration is trying to pull off in its relations with China.
Turkey’s Central Bank Raises Rates to Near Two-Decade High
The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.
BRICS Group Announces New Members, Including Iran and Saudi Arabia
Argentina, Ethiopia and the U.A.E. were also invited to join BRICS, strengthening the group’s role as an alternative to Western-led forums.
Elections in Ecuador and Guatemala: Four Takeaways
Outsiders overperformed, underscoring the volatility of Latin American politics. Candidates calling to emulate El Salvador’s crackdown on crime did not do well.
Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War
With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.
Roaring Back From Pandemic, Japan’s Economy Grows at 6% Rate
The rapid expansion came as exports have risen and tourists have flooded the country. But a drop in domestic consumption worried economists.