Category: Economic Conditions and Trends

Oil Prices Rise as Trump Meets China’s Xi

The New York Times – Business:
The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples

The New York Times – Business:
The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’

The New York Times – Business:
President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
China’s Exports and Imports Set Records in April Amid High Energy Costs

The New York Times – Business:
The country’s exports surged and its trade surplus with the United States widened ahead of President Trump’s scheduled visit next week to Beijing.
Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval

The New York Times – Business:
A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.
The World’s Central Banks Are Wrestling With a Gigantic Problem

The New York Times – Business:
Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
Why Countries Are Stocking Up on Gold

The New York Times – Business:
As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies

The New York Times – Business:
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
China’s Economy Starts to Show Cracks From Iran War

The New York Times – Business:
China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter.
Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed

The New York Times – Business:
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
Javier Milei Tamed Argentina’s Inflation. Now He Wants to Reshape Its Values.

The New York Times – Business:
Argentina’s right-wing president has tamed the country’s runaway inflation. Now he wants to transform its values.
What the U.S. Blockade Means for Iran’s Economy

The New York Times – Business:
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.