The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
Tag: Economic Conditions and Trends
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
How Capitalists in Communist Cuba Are an Economic Lifeline
Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating, while the socialist economy craters.
Xi and Blinken Trade Small Nods Over a Large Gap
The U.S. secretary of state and the Chinese leader struck conciliatory notes in Beijing. But there was no budging on, or hiding, their governments’ core differences.
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.
Russian Bombardment Crushes Ukraine’s Industrial Base
The assaults have all but destroyed the factories and plants that were the economic lifeblood of the towns and cities in Ukraine’s east.
Iran on Edge Amid Airstrikes, Crackdowns and Fear of War
Facing deep economic troubles and a restive population, the government seems to have adopted a policy of declaring victory over Israel and cracking down at home, analysts say.
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
As the economy cools, pressure is building on the Bank of England to cut interest rates.
The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
Bank of England Will Overhaul Its Forecasting After Inflation Surprises
The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.