The latest zigzag in the pandemic has already curtailed travel, but its broader impact on growth and inflation isn’t likely to be known for several weeks.
Tag: Economic Conditions and Trends
‘Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis
President Recep Tayyip Erdogan’s insistence on directing monetary policy and sticking with low interest rates is draining confidence, economists say.
India’s Economy Still Weak, Despite a Strong Third Quarter
Covid-19 essentially robbed the country of more than a year of badly needed economic growth. That’s lost ground that cannot be regained quickly.
Afghan Economy Nears Collapse as Pressure Builds to Ease U.S. Sanctions
Afghanistan’s economy has crashed since the Taliban seized power, plunging the country into one of the world’s worst humanitarian crises.
A Claim of Herd Immunity Reignites Debate Over U.K. Covid Policy
Neil Ferguson, a leading epidemiologist, said the country had almost reached a state of herd immunity as it settled into a new normal of about 40,000 cases a day. Other experts disagreed.
As Virus Cases Rise in Europe, an Economic Toll Returns
A series of restrictions, including a lockdown in Austria, is expected to put a brake on economic growth.
Playwright Is in Exile as Cuba Uses an Old Playbook to Quash Dissent
Yunior García, a rising star of the Cuban protest movement, fled to Spain. He is one of a young generation of artists who say they have chosen exile over imprisonment.
Playwright Is in Exile as Cuba Uses an Old Playbook to Quash Dissent
Yunior García, one of the rising stars of the Cuban protest movement, fled to Spain. He is one of a young generation of artists who say they have chosen exile over imprisonment.
Venezuelan Opposition Risks an Election Challenge to Maduro
With little hope of a fair vote, opposition candidates take a desperate risk to gain any edge against Venezuela’s entrenched autocrat, Nicolás Maduro.
Japan Approves a $490 Billion Stimulus Package
The move, announced on Friday, is an attempt by the country’s newish prime minister to revive an economy battered by Covid restrictions and a supply chain crunch.