A TV chef abandons unaffordable beef. Blackouts make for sweltering summer nights. Changing money feels like a drug deal: The financial meltdown means daily pain and a blow to a country’s pride.
Tag: Economic Conditions and Trends
Defying U.S., China and Iran Near Trade and Military Partnership
The investment and security pact would vastly extend China’s influence in the Middle East, throwing Iran an economic lifeline and creating new flash points with the United States.
In Singapore, an Orderly Election and a (Somewhat) Surprising Result
The People’s Action Party, which has never been out of power, won yet again, but by a narrower margin than usual. The opposition had sought to deny it “a blank check.”
Mexican President López Obrador Vows ‘Dignity’ at Trump’s Side
President Andrés Manuel López Obrador, visiting the White House Wednesday, has avoided fighting the Trump administration. Critics say he is too willing to bend to the American president’s will.
Sweden Has Become the World’s Cautionary Tale
Its decision to carry on in the face of the pandemic has yielded a surge of deaths without sparing its economy from damage — a red flag as the United States and Britain move to lift lockdowns.
Virus Revives Italy’s Age-Old Shadow Safety Net: The Pawnshop
Italians have put up valuables as collateral for loans for centuries, through plagues and sieges. Today they do it as part of the formal banking system. And business is booming.
In North Korea, Coronavirus Hurts More Than Any Sanctions Could
Closing the border with China crippled the regime’s few remaining methods, legal and otherwise, for bringing in much-needed foreign currency.
Stock Markets Edge Higher: Business Updates
The latest on stock market and business news during the coronavirus outbreak.
Airbus to Cut 15,000 Jobs
The latest on stock market and business news during the coronavirus outbreak.
Live Stock Market Updates During the Coronavirus Pandemic
The latest on stock market and business news during the coronavirus outbreak.