Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.
Tag: Economic Conditions and Trends
World Economic Forum in Davos Confronts a New Order
The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
How Western Goods Reach Russia: A Long Line of Trucks Through Georgia
With Western sanctions barring many imports, a lot of what Russia needs now travels a slow, crowded truck route through the Caucasus Mountains from Georgia.
Why China Is Changing Its Tone on Business
With the economy in a fragile state, Chinese officials are starting to use more business-friendly language, and also to back their words with action.
Russia Reports 2022 Deficit of $47 Billion
The budget gap reached 3.3 trillion rubles, or 2.3 percent of the size of the Russian economy, according to the country’s finance minister.
Can Australia Escape a Recession?
“Whether it’s a technical recession or not, we certainly are going to be in for difficult times,” one economist said.
Battered and Strained by War, Ukraine’s Economy Adapts to Survive
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.
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.