Plus Shinzo Abe’s allies win a supermajority in Japan’s parliament and Russia bombards Donetsk.
Tag: Economic Conditions and Trends
Embattled Leaders in Hiding, Sri Lankans Ask: What’s Next?
Protesters in Sri Lanka roamed the halls and grounds of power without challenge as they waited to see who would take the reins of their economically devastated country.
Sri Lanka’s Leader Will Resign, Ally Says, After Protesters Storm Residence
President Gotabaya Rajapaksa will step down on Wednesday, according to the speaker of Parliament, amid fury over the economic crisis.
Boris Johnson Leaves Behind Fraught Economy and Uneasy Brexit Legacy
Britain is in the grips of a cost-of-living crisis, and the departure of its prime minister leaves uncertainty about the government’s next moves.
France Will Renationalize EDF
The state already has a majority stake in France’s main electricity and nuclear company. The move reflected President Emmanuel Macron’s desire to champion economic and energy sovereignty.
China Offers Women Perks for Having Babies, if They’re Married
Beijing is giving incentives to stem a demographic crisis, but its control over childbirth and its suppression of women’s rights are making it difficult for some aspiring parents to start a family.
U.K. Markets Rise as Global Factors Outweigh Political Turmoil
The long-running trends of rising inflation, worsening energy security and a weakening growth outlook are overshadowing the sudden political upheaval.
El Salvador’s Bitcoin Bet Isn’t Paying Off
It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
Britain Gears Up for a Summer of Labor Discontent
With energy costs and inflation surging, and taxes and the cost of loans increasing, British workers are demanding higher pay and going on strike with a militancy not seen in years.