High demand and soaring energy prices have forced some factories to shut down, adding further problems for already snarled global supply chains.
Tag: Economic Conditions and Trends
Australia’s Costs for Its Harder Line on China
The country is wrestling with the political and economic consequences of its sharp turn in policy and tone — including an erosion of tolerance.
U.K. Offers Thousands of Visas to Foreign Truckers to Ease Driver Shortage
The move reflects growing alarm within the government about a disruption to supplies that has prompted panic buying and, in some cases, caused fuel to run out at gas stations.
How China Plans to Avert an Evergrande Financial Crisis
Control of the banking system gives Beijing the tools to stop a broader collapse, officials believe, while censorship and police powers can stifle protests.
In Reversal, Israel’s New Government Engages With Palestinian Authority
The government has held high-level meetings with Palestinian officials and aided the Palestinians economically, a sharp change from the previous government.
A Journey Through Merkel’s Germany: Affluent, Anxious and Almost Normal
As Angela Merkel prepares to step down after 16 years as chancellor of Germany, she leaves behind a country profoundly changed — and anxious about changing more.
In Britain, Rising Prices and Shortages Evoke 1970s-Style Jitters
The nation’s economy is very different from the bleak days of the 70s, but certain parallels are unnerving Britons and loom as a potential headache for Prime Minister Boris Johnson.
For India’s Military, a Juggling Act With Pakistan and China
Tensions with China and Pakistan stretch a cash-starved military, while the fall of Afghanistan to the Taliban removes a potential ally.
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.