Australia is pouring millions into the male-dominated construction industry while ending free child care. Critics say that is illogical and reflects sexist biases.
Tag: Economic Conditions and Trends
Virus Exposes Weak Links in Peru’s Success Story
Deep-rooted inequality and graft have thwarted the steps Peru took to prepare for its response to the pandemic.
Wall Street Shakes Off Grim Economic News
The latest on stock market and business news during the coronavirus outbreak.
Lebanon’s Currency Plunges, and Protesters Surge Into Streets
Demonstrations broke out across the country after the pound sank to a new low against the U.S. dollar, obliterating the purchasing power of many Lebanese.
As Energy Prices Tumble, Developing Countries Trim Subsidies
Trying to cut spending as the pandemic reduces tax revenue, governments are finding it easier to lift restraints on what consumers pay for fuel.
As Virus Infections Surge, Countries End Lockdowns
Still struggling with rising coronavirus cases, India, Mexico, Russia, Iran and Pakistan have decided they must end lockdowns and restart their economies.
Fed Expects Unemployment Rate to Stay High
The latest on stock market and business news during the coronavirus outbreak.
The World Reopens, Despite Skyrocketing Coronavirus Cases
The number of infections is rising faster than ever, but many countries have decided that this is the moment to ease lockdown restrictions.
For Indian Women, the Coronavirus Economy Is a Devastating Setback
India’s women were already dropping out of the labor force. Coronavirus restrictions — and one of the worst economic slumps in decades — threaten even more losses for them.
In Retreat, Wall Street Pulls Back From Rally
The latest on stock market and business news during the coronavirus outbreak.