As South Africans cope with hunger in the pandemic, government efforts at delivering relief have floundered amid widespread allegations of fraud and mismanagement.
Tag: Economic Conditions and Trends
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.
Despite Historic Plunge, Europe’s Economy Flashes Signs of Recovery
European countries that have better contained the virus are poised for speedier economic recovery than the United States.
In Britain, the Economic Comeback Is in the Suburbs
Central London remains “very, very quiet” while shops and cafes outside town centers are seeing a fragile recovery.
China Tries Its Favorite Economic Cure: More Construction
Strong sales at China’s biggest construction equipment maker show Beijing’s strategy for recovery after the virus. But while the company, XCMG, is prospering, the rest of the economy is struggling.
As the World Gets Tougher on China, Japan Tries to Thread a Needle
Tokyo has not confronted Beijing as the United States and other allies have, mindful of its neighbor’s economic might and its own limited military options.
China Faces Dilemma After U.S. Consulate Closure Escalates Conflict
After the closure of the Houston consulate and other actions, Chinese officials are trying to respond without endangering the economy or inviting further global isolation.
India Coronavirus Cases Surge Past One Million
Several states and cities have reimposed total and partial lockdowns as the pandemic accelerates. India now ranks third in the world in infections.
Barr Urges U.S. Companies to Resist Serving as ‘Pawns’ for China
The attorney general accused several companies by name of appeasing an authoritarian government to preserve access to a huge consumer market.