The country has experienced cycles of growth and contraction in domestic consumption as the pandemic has waxed and waned.
Tag: Economic Conditions and Trends
Ratings Agency: Violence Could Undercut Israeli Economy
Rioting and mob attacks could undercut Israel’s recovery from the economic impacts of the pandemic, Fitch says.
Once-a-Decade Census Shows an Aging, Better-Educated China
The country is locked in a demographic crisis. But the figures also showed rising education and urbanization levels.
China’s Census Shows Population Barely Grew in 10 Years as Births Plummet
Only 12 million babies were born last year, the lowest number of births since 1961, providing fresh evidence of a looming demographic crisis that could complicate Beijing’s ambitions.
Colombia Police Respond to Protests With Bullets, and Death Toll Mounts
The eruption of anger in Colombia, where at least 24 have died as the government cracks down on the protests, could spread to other countries in the region that share the same combustible conditions.
Raúl Castro to Step Down as Head of Cuba’s Communist Party
Mr. Castro said he will step down and pass on control of the party to Cuba’s younger generation. His departure will leave Cuba without a Castro at its helm for the first time in over 60 years.
John Williamson, 83, Dies; Economist Defined the ‘Washington Consensus’
A careful pragmatist, he regretted the way his term, aimed at developing countries, was misinterpreted by free-market ideologues and anti-globalization activists.
Climbers Return to Mt. Everest Despite Covid-19
Nepal, desperate for tourist money, says it has taken steps to prevent a coronavirus outbreak, including social distancing at base camp and evacuation plans in case Covid-19 flares up.
Tropical Forest Destruction Accelerated in 2020
There were bright spots, but the total lost acreage increased by 12 percent over all from the year before, according to new research.
Suez Canal Is Open, but the World is Still Full of Giant Container Ships
As global trade has grown, shipping companies have steadily increased ship sizes — but the Suez Canal blockage showed that bigger is not always better.