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.
Tag: Economic Conditions and Trends
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.
Dark Christmas Signals Tough Times for a Prosperous City in Hungary
Dimmed festive lighting at an annual market in the city of Gyor underscores the economic pain being felt across Hungary as energy costs and inflation soar.
From Zero Covid to No Plan: Behind China’s Pandemic U-Turn
After micromanaging the coronavirus strategy for nearly three years, the country’s leader, Xi Jinping, has suddenly left the populace to improvise.
From Zero Covid to No Plan: Behind China’s Pandemic U-Turn
After micromanaging the coronavirus strategy for nearly three years, the country’s leader, Xi Jinping, has suddenly left the populace to improvise.
Seeking Heat, and Companionship, in a Hard Scotland Winter
In a Glasgow neighborhood, the cost-of-living crisis is exacerbating energy problems and financial worries, and vital community hubs are struggling to stay afloat.