Because so many jobs depend on automaking, the industry’s production problems are causing the pain to ripple.
Tag: Economic Conditions and Trends
What Is the G20?
The Group of 20 aims to unite world leaders around shared economic, political and health challenges. It also serves as an all-purpose jamboree of diplomatic activity.
Why Poland Would Rather Keep E.U. Money Than Break With Bloc
Despite the flame-throwing rhetoric of their leaders, conservative supporters of Poland’s ruling party are dependent on millions of euros in aid, and don’t want to risk it.
China Evergrande Makes Payment to Dodge Default, Media Says
The troubled real estate giant faced the threat of default if it didn’t meet its obligations to foreign bondholders by Saturday.
Boris Johnson Promotes Rising Wages Amid Shortages in U.K.
Wages in some industries are rising because employers can’t find enough workers. That’s not a path to long-term growth, analysts say.
Bombing of Military Bus in Syrian Capital Kills 14
President Bashar al-Assad has tightened his grip on Damascus, but the attack suggested that militants who oppose him can still do harm.
China’s GDP Growth Slows as Property and Energy Take a Toll
Growth of 4.9 percent shows the country’s huge industrial sector has run into trouble. But exports and services are looking strong.
In Venezuela, a Rum Maker Offers Gangsters a Life Outside of Crime
In the process, the family running the company, Ron Santa Teresa, has gone from bankruptcy to exporting an award-winning vintage rum.
China’s Power Problems Expose a Strategic Weakness
China announced on Wednesday a national rush to mine and burn more coal, as the country’s electricity shortage threatens to damage its image as a reliable manufacturing base.
I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain
An independent inquiry commissioned by the World Bank had concluded that she played a central role in manipulating data to placate China.