Russia’s economy and residents have taken a battering, but the government continues to reap big revenues from energy sales. A partial European embargo on oil takes effect in December.
Tag: Economic Conditions and Trends
In Europe, New Refugee Crisis Stirs Uncomfortable Questions
The war in Ukraine has sent the numbers of refugees seeking shelter in Europe soaring, pushing those from other conflicts to the end of the line.
Did Germany Learn From Its Russia Trouble? The Test May Come in China.
On the eve of Chancellor Olaf Scholz’s first trip to Beijing, concerns are growing that economic dependence on China is leaving his country vulnerable — again.
With Economy Reeling From Ukraine War, Egypt Secures $3 Billion I.M.F. Loan
The local currency had tumbled against the dollar, and food and energy prices soared in the wake of Russia’s February invasion of Ukraine, adding to the struggles of millions of Egyptians.
UK Leader Rishi Sunak Faces a Bruising Prime Minister’s Questions
The opposition’s lines of attack, starting with Mr. Sunak’s choice of home secretary and his wife’s wealth, gave a glimpse of where it sees vulnerabilities in the governing Conservatives.
Rishi Sunak’s Challenge: Unifying the Party and Fixing the Economy
The Conservative Party is fractured and Britain’s public finances are battered. That will test the political skills of a leader who has been involved in national politics for only seven years.
Germany’s Allies Challenge Its Stances on Ukraine and Energy
The government has dismissed criticism of its refusal to provide modern tanks to Ukraine and its massive energy subsidy for its own citizens. But its friends are bridling.
What Will Rishi Sunak Do as UK’s Prime Minister?
He has said very little about how he will turn around Britain’s economy or deal with any of the other issues facing the U.K.
Rishi Sunak Will Face Difficult Economic Tests Immediately
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.
Rishi Sunak will face difficult economic tests immediately.
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.