Transport problems are just one symptom of the economic neglect that has long hobbled the region, where growth, employment and health care mostly lag far behind the south.
Tag: Economic Conditions and Trends
Russia Opens Rebranded McDonald’s Restaurants, Without the Golden Arches
The reopening of the fast-food stores under Russian ownership (and with a new logo) illustrates the economy’s surprising resilience in the face of intense sanctions, though tough times lie ahead.
Iran Turns Off U.N. Surveillance Cameras at Nuclear Site
The step came as tensions have risen over stalled efforts to revive a 2015 deal that limited Iran’s nuclear activities in exchange for the easing of sanctions.
Biden to Host Latin American Leaders at Summit in Los Angeles
The president is already the subject of a boycott by some of the region’s most important heads of state, and his agenda is being met with deep skepticism.
How Boris Johnson Shattered His Own Invincibility
The prime minister survived a no-confidence vote, but has been politically wounded by the same baffling mix of strengths and foibles that propelled his rise: rare political intuition, and breathtaking personal recklessness.
U.K.’s ‘Brightest and Best’ Visa Leaves Out Africa, India and Latin America
Under the new program, graduates of top-ranked global colleges can move to Britain for two years, even without a job offer. But critics say the plan nurtures global inequalities.
Seizing Russian Assets to Help Ukraine Sets Off White House Debate
Some European officials want to use more than $300 billion in Russian central bank assets to rebuild Ukraine. But Biden administration officials warn that diverting those funds could be illegal.
Your Tuesday Briefing: Europe Nears an Oil Embargo
The bloc is poised to block the vast majority of Russia’s oil imports.
Lavish Projects and Meager Lives: The Two Faces of a Ruined Sri Lanka
A frenzy of building on borrowed money in the Rajapaksa family’s home district illustrates the hubris and mismanagement that led the country into economic collapse.