In his last announced trip abroad as president, Mr. Biden relished touring a U.S.-financed train line in Angola intended to transport goods and critical minerals to port.
Tag: Foreign Investments
Countries Weigh How to Raise Trillions for Climate Crisis at COP29
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.
U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
China Woos Africa, Casting Itself as Global South’s Defender
More than 50 African leaders have gathered in Beijing for a summit aimed at projecting the influence of China’s leader, Xi Jinping, in the developing world.
Biden Expected to Block U.S. Steel Takeover by Nippon
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.