Tag: Economic Conditions and Trends

China Sets Aside Push to Spread Wealth in Pivotal Year for Xi

BEIJING — For much of last year, China’s top leader, Xi Jinping, waged a fierce campaign to rein…

Treasury Aims for Economic Pain on Russia, but Critics Question Effectiveness

WASHINGTON — When Russia imposed retaliatory sanctions on top American officials last month, its government targeted President Biden…

‘La French Tech’ Arrives Under Macron, but Proves No Panacea

PARIS — In full Steve Jobs mode, President Emmanuel Macron of France donned a black turtleneck in January…

Germany’s Dependence on Russian Gas Is Difficult to Break

LUBMIN, Germany — Past a nudist beach and a sleepy marina, a gigantic mesh of metallic pipes rises…

For Macron, France’s Troubled Industries Hit Home

AMIENS, France — During the last presidential campaign, the troubled Whirlpool factory in the northern city of Amiens…

How the Recoil From Russian Gas Is Scrambling World Markets

Mr. Di Odoardo figures that L.N.G. flows from the United States to Europe have already reached two-thirds of…

Amid Sanctions, Putin Reminds the World of His Own Economic Weapons

LONDON — In the five weeks since Russia invaded Ukraine, the United States, the European Union and their…

Soaring Cost of Diesel Ripples Through the Global Economy

Farmers are spending more to keep tractors and combines running. Shipping and trucking companies are passing higher costs…

Russia-Ukraine War Is Reshaping How Europe Spends

Nicolae Ciuca spent a lifetime on the battlefield before being voted in as prime minister of Romania four…

Desperate for Cash, Afghans Toil in Mines That Are Deadlier Than Ever

CHINARAK COAL MINE, Afghanistan — Choking on dust, Mir Abdul Hadi emerged from the narrow mine shaft with…

Biden Aims to Boost Military and Social Spending in 2023 Budget

WASHINGTON — President Biden’s fiscal 2023 budget will call for additional military spending in the face of Russian…

Sri Lanka Economy Has ‘Hit Rock Bottom,’ Putting Pressure on President

COLOMBO, Sri Lanka — Just lentils, rice and tea without milk. Meals are increasingly meager for Sandamali Purnima,…