The gap between the rich and poor countries will widen as the United States and other advanced economies expand faster than expected, according to new projections.
Tag: Economic Conditions and Trends
Hotlines Between North and South Korea Are Restored
Restoring the hotlines signaled a thaw in inter-Korean relations, which chilled after the collapse of Kim Jong-un’s diplomacy with former President Donald J. Trump.
Mexican Workers on Border Get Vaccines to Aid Them, and the U.S. Economy
Workers in factories that produce goods for the U.S. are getting American vaccines. Officials in both countries hope the program will help reopen the border and restore their economies.
What China Expects From Businesses: Total Surrender
Unlike regulators in Europe and the U.S., Beijing is using the guise of antitrust to bring powerful tech companies into line with its priorities.
Yellen Says China Trade Deal Has ‘Hurt American Consumers’
The Treasury secretary said an agreement made by the Trump administration, which remains under review, had failed to address fundamental problems between the two countries.
China’s Economic Growth Slows as Covid Fears Persist
Growth in the world’s second-largest economy lost steam as more expensive raw materials weighed on factories, though retail sales showed signs of stabilizing.
Europe Rolls Out Ambitious Climate Change Plan, but Obstacles Loom
The proposal would impose tariffs on some imports from countries with looser environmental rules. It would also mean the end of sales in the European Union of new gas- and diesel-powered cars in just 14 years.
How Hunger Has Fueled the Cuba Protests
A day after a rare outbreak of anti-government protests in Cuba, the United States and Cuba traded sharp words.
China Called Finance Apps the Best Thing Since the Compass. No Longer.
Beijing’s tech crackdown could imperil the innovation that brought modern finance to underserved people — but also led to concerns about reckless lending and borrowing.
Cuba Protests Fueled by Hunger: ‘Everyone Has a Tipping Point’
A day after a rare outbreak of anti-government protests in Cuba, the United States and Cuba traded sharp words.