A set of weak economic data and unexpected interest rate cuts in China led to a sharp sell-off, driven by concerns over sluggish demand in the world’s biggest oil importer.
Tag: Prices (Fares, Fees and Rates)
Travel Troubles
Two Times reporters answered your travel questions to help you navigate this hectic vacation season.
How Argentines Cope With Inflation That’s 64% and Rising
With the world grappling with rising prices, a tour through Argentina reveals that years of inflation can give rise to a truly bizarre economy.
Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance
The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.
Your Friday Briefing
A potential U.S. climate bill.
Bangladesh Seeks I.M.F. Loan as Inflation Rocks South Asia
As trade deficits widen, governments in the region struggle to import increasingly expensive diesel, gasoline and cooking gas.
A Global Inflation Crisis
Big price increases are not exclusive to the U.S.
Gas prices Have Fallen Offering Reprieve in US
Prices have now fallen for more than a month.
Global Central Banks Ramp Up Inflation Fight
Central banks in the U.S., Europe, Canada and parts of Asia are lifting interest rates rapidly as they try to wrestle breakneck inflation under control.
War Has Russia Jockeying With Venezuela and Iran for Oil Buyers.
The competition for buyers is setting off a price war that could hurt them all.