Tensions with China and Pakistan stretch a cash-starved military, while the fall of Afghanistan to the Taliban removes a potential ally.
Tag: Economic Conditions and Trends
China Evergrande Bond Payment Remains Uncertain
A payment on the troubled Chinese company’s dollar-denominated bonds was due Thursday. Its shares fell on Friday after the company said nothing.
Beyond Evergrande’s Troubles, a Slowing Chinese Economy
Investors are watching whether the property developer defaults. But in the background, the world’s No. 2 economy is flashing numerous warning signs.
Sudan Leaders Say They Thwarted Coup Attempt by Loyalists of Former Dictator
Government officials blamed the bid on supporters of longtime ruler Omar Hassan al-Bashir, who was overthrown in 2019 by a military takeover prompted by widespread popular protests.
As Germany Election Nears, Merkel Leaves a Strong But Vulnerable Economy
Chancellor Angela Merkel steered Europe through crises, and Germany has boomed during her tenure. But she has ducked changes needed to ensure the success lasts, analysts say.
China Evergrande Warns of Financial Pressure, Hires Advisers
China Evergrande hired restructuring experts, sending its shares lower and adding to worries about what its fate might mean to the country’s economy.
Lebanon Gets New Prime Minister Amid Economic Meltdown
The billionaire Najib Mikati’s new cabinet is Lebanon’s first empowered government in more than a year. It faces the immediate challenge of a collapsing economy.
Spain Arrests Former Venezuela Spy Chief Accused of Drug Trafficking
Hugo Carvajal, the former intelligence chief, had been hiding in Madrid, the police said, trying to avoid extradition to the United States.
‘Reversing Gears’: China Increasingly Rejects English, and the World
A movement against Western influence threatens to close off a nation that succeeded in part by welcoming new ideas.
Inflation’s Worldwide Surge May Be a Good Sign
Inflation has surged across advanced economies. The shared experience underlines that price gains come from temporary drivers — for now.