Health care and infrastructure spending received significant increases, but fears about inflation could hold back efforts to get the economy surging again.
Tag: Inflation (Economics)
Pessimistic Outlook in Russia Slows Investment, and the Economy
Growth has slowed to well below the global average as economists point to low spending by the government and the private sector.
‘We’d Prefer the Food’: Zimbabwe Fears a Famine Is in Its Future
Government dysfunction, an economic meltdown, drought and a calamitous flood have plunged Zimbabwe into a hunger crisis.
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew 0.2 percent last quarter, and inflation remains far below the European Central Bank’s target.
Christine Lagarde Faces a New Challenge in Europe
She’s run the I.M.F. She’s a lawyer. She’s not an economist. Does that matter as she prepares to lead the European Central Bank?
For Erdogan, the Bill for Turkey’s Debt-Fueled Growth Comes Due
Istanbul voters’ rebuke of the nation’s strongman leader speaks to broader dismay over the economic disaster he oversaw.
Modern Monetary Theory’s Reluctant Poster Child: Japan
Despite its huge debt, the country remains an economic powerhouse. Some say it provides a model for the United States, but its leaders disavow the idea.
In Istanbul Election Do-Over, Erdogan’s Opponents Unify
A day after the authorities annulled a result that embarrassed the president, several minor candidates withdrew to avoid splitting the vote.
‘I Have Seen Many Crises’: Steel Magnate Stands Firm as Turmoil Hits Turkey
Despite being hurt by inflation, a falling currency and import tariffs imposed by the Trump administration, Fuat Tosyali, a Turkish industrialist, plans to expand production.
Investors Are in Retreat, and the Poorest Countries Are Paying for It
As the Federal Reserve raises rates, global investors are pulling their money from emerging markets, damaging the world’s most vulnerable economies.