Tag: Economic Conditions and Trends
In South Asia, Climate Change Worries Take On Fresh Urgency
FATEHGARH-SAHIB, India — When the unseasonably heavy rains flooded the fields, and then the equally unseasonable heat shriveled…
McDonald’s Is Reinvented in Russia as the Economy Stumbles On
Yevgeny Shumilkin is going back to work on Sunday. To prepare, he pulled the familiar “M” off what…
A Chinese Entrepreneur Who Says What Others Only Think
China’s entrepreneur class is grappling with the worst economic slump in decades as the government’s zero Covid policy…
White House Struggles to Talk About Inflation, the ‘Problem From Hell’
WASHINGTON — President Biden was at a private meeting discussing student debt forgiveness this year when, as happens…
Stagflation and Recession Warnings Plague U.K. Businesses
In the struggle against soaring prices, Sean Hughes has been willing to try anything to keep costs down…
Global Growth Will Be Choked Amid Inflation and War, Says World Bank
For large and small nations around the globe, the prospect of averting a recession is fading.That grim prognosis…
Yellen Defends Pandemic Spending as Inflation Persists
WASHINGTON — At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen told lawmakers that it…
How Boris Johnson Suffered a Stunning Political Reversal
LONDON — When Boris Johnson won a landslide election victory for his Conservative Party in 2019, he loomed…
U.K.’s ‘Brightest and Best’ Visa Leaves Out Africa, India and Latin America
LONDON — When Britain started a program this week offering a two-year visa to graduates from some top…
Afghanistan Tries to Stamp Out Opium Again
KANDAHAR, Afghanistan — For years, opium has been the monster too big to slay. One Afghan government after…
Times Square at Its Overcrowded, Dizzying Worst Is Exactly What N.Y.C. Needs
The sensory-overloaded tower will offer visitors the chance to do quite a lot, all in one place: They…
U.K. Announces Windfall Tax on Oil and Gas Profits
LONDON — The British government said it would use a windfall profits tax on oil and gas companies…