Tunisians put canned tuna on pizza, pastries and pretty much everything else. Don’t even ask for a tuna-free sandwich. But inflation risks turning an everyday essential into a luxury out of reach.
Tag: International Trade and World Market
E.U. Takes Aim at China in Proposed Economic Strategy
A European Commission plan seeks to bar companies from sending sensitive high-tech goods to potentially hostile countries — without naming any names.
Germany and China Try to Reset Relations for a Changed World
This week the two countries will restart government consultations after a pandemic hiatus, but amid the war in Ukraine and rising U.S., Chinese tensions, common ground may be elusive.
TikTok, Shein and Other Companies Distance Themselves From China
Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
U.S. Lawmakers Ask White House to Punish South Africa for Supporting Russia
South Africa is accused of helping supply Russia with weapons for the Ukraine war, a charge that South Africa denies.
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.
China Wants to Set the Terms of Any ‘Thaw’ With the U.S.
China has pushed to set the terms of its re-engagement with the Biden administration, rebuffing a request for a defense meeting while urging Washington to drop sanctions.
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.