With a tanking economy, and imported food costs soaring, leaders are urging the Lebanese to wage a campaign of self-sufficiency. “I never thought I’d do this in my life, but I have to survive.”
Tag: Economic Conditions and Trends
Coronavirus Shatters India’s Economy
The country’s ambitions to become a global power, lift its poor and update its military have been set back by a sharp economic plunge, soaring infections and a widening sense of malaise.
Aleksei Navalny, Kenosha, France Economy: Your Friday Briefing
Here’s what you need to know.
China’s Exports Are Surging Despite Tariffs and Coronavirus
Chinese companies account for a greater share of goods sold abroad, showing their tremendous strength despite mounting challenges.
French Economist Thomas Piketty Rejects Chinese Censorship Demands
Thomas Piketty, the renowned economist, refused Chinese demands that he cut parts of his book if he wanted it published on the mainland.
India’s Economy Shrank Nearly 24 Percent Last Quarter
It’s the biggest decline of any major economy. Economists say once the impact on the country’s vast “informal” work force is taken into account, the damage might be even worse.
North Korea’s Leader Had Big Economic Plans. He Admits They’ve Failed.
Kim Jong-un’s blunt assessment led his country to plan a rare Workers’ Party congress for January to chart a new course after the country was hammered by sanctions, floods and the pandemic.
South Africa’s Big Coronavirus Aid Effort Tainted by Corruption
As South Africans cope with hunger in the pandemic, government efforts at delivering relief have floundered amid widespread allegations of fraud and mismanagement.
As Britain Climbs Out of an Economic Pit, Tough Questions Loom
The government’s aid programs are winding down, and officials are so far resisting pressure to extend them. But what if the virus resurges?
U.S. Small Business Bailout Money Flowed to Chinese-Owned Companies
Millions of dollars of Paycheck Protection Program loans went to China-backed businesses in critical sectors, a study found.