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.
Tag: International Trade and World Market
Amazon Sees in Brazil Continent-Size Profits and Problems
The retail behemoth is laying the groundwork to penetrate Brazil’s huge consumer market, analysts say. Success won’t come easy.
The Border Dividing Ireland Has Long Been Invisible. Brexit Threatens to Make It Real.
Britain’s exit from the European Union threatens to disrupt trade and potentially reinvigorate conflict between Northern Ireland and the Republic of Ireland.
It Doesn’t Matter if Ecuador Can Afford This Dam. China Still Gets Paid.
A giant dam was supposed to help lift Ecuador out of poverty. Instead, it’s part of a national scandal, and a future tethered to China.
Ireland Releases ‘Sobering’ Contingency Plan for No-Deal Brexit
Dublin would focus on “crisis management” if Britain failed to strike a deal with Brussels, which would hurt Ireland more than any other E.U. country.
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.
That Punishing Blockade? ‘We’ve Moved On,’ Qatar Says
After its larger neighbors began a blockade of the tiny Gulf state, Qatar retooled its economy, beefed up its military and adjusted to the new reality.
Oil Prices Plummet 7% on Fears of a Glut
Higher production than expected in Russia and the United States suggest that an OPEC deal to reduce supply might not do enough to stabilize prices.
U.K. Begins to Think Seriously About a ‘No-Deal Brexit’
The government is detailing plans to deal with a chaotic exit from the European Union. Is it a scare tactic to make Parliament accept a deal it hates?
China’s Economy Slows Sharply, in Challenge for Xi Jinping
Car sales are falling. Housing is slow. Workers get three-month unpaid vacations. For Chinese leaders, pressure for a trade deal with President Trump is rising.