After 10 months of Russian destruction, Ukraine’s economy shrank by 30 percent. But companies have packed up and moved, switched products and found support abroad.
Tag: Economic Conditions and Trends
Germany’s Inflation Rate Hit a High in 2022
The pace of consumer price increases began easing late in the year, but the country’s annual rate of inflation set a new, post-Cold War record.
In a Hospital Ward, the Wounds of Tunisia’s Failed Democracy Don’t Heal
Tunisia’s road to democracy began with a self-immolation, and such cases have filled hospital burn wards ever since, as elected leaders failed to deliver on a promise of prosperity.
Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.
India Emerges as Key Global Player Amid Russia’s War in Ukraine
The invasion of Ukraine, compounding the effects of the pandemic, has contributed to the ascent of a giant that defies easy alignment. It could be the decisive force in a changing global system.
A Bittersweet First Year for Germany’s New Chancellor
Olaf Scholz came to power with a mandate for domestic renewal. Instead, he was forced to upend his country’s traditional stance on war and foreign policy.
Ukraine and Russia Battle for a Gateway City in the East
Recapturing Kreminna, in eastern Ukraine, would be a step further in Ukraine’s campaign to retake major cities that Russia seized after it invaded.
Ukraine’s Battered Economy Leaves It More Reliant on Foreign Aid.
Unable to roll over debt accumulated before the war, Ukraine has paid investors more than it has collected this year, the Central Bank says.
Taliban Bar Women From NGOs, Threatening to Worsen Crisis
A letter from Afghanistan’s Ministry of Economy warned that it would revoke the operating licenses of any organizations that defied the decree.
Waiter Shortage Hits London Restaurants After Brexit
Europeans used to flock to London for restaurant jobs. Now, with doors to migrants largely closed after Britain left the European Union, many establishments are becoming desperate.