Category: Economic Conditions and Trends

Gulf Economies, Torn by War in Iran, Desperately Need a Return to Normal

The New York Times – Business:
States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.
How to Tax and Spend in a ‘Turbulent Time?’ U.K. Tries a Balancing Act.

The New York Times – Business:
The new government, led by Andy Burnham, will deliver its first budget on Wednesday, a plan expected to tread between wide ambition and narrow financial limits.
Reliably Red Iowa in Play as Economic Woes Mount

The New York Times – Business:
The Trump administration’s policies could cost Republicans in a state that is being hit hard by expensive diesel prices and uncertainty over trade.
Trump Announces $8 Billion Plan to Cover Farm Losses

The New York Times – Business:
Under the Harvest Fuel Relief program, the Agriculture Department will provide economic aid for farmers hurt by high diesel prices.
‘A Ticking Time Bomb’: An Economic Crisis Looms in Indonesia

The New York Times – Business:
Once a model of economic stability, Indonesia now faces growing hardship at home as President Prabowo Subianto’s policies shake investor confidence.
‘A Ticking Time Bomb’: An Economic Crisis Looms in Indonesia

The New York Times – Business:
Once a model of economic stability, Indonesia now faces growing hardship at home as President Prabowo Subianto’s policies shake investor confidence.
China’s Export Boom Fuels Growth Despite Slump at Home

The New York Times – Business:
A prolonged housing crash, sluggish consumer spending and plunging investment have left China dependent on exports to keep the economy growing.
Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes

The New York Times – Business:
The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of Indonesian President Prabowo Subianto.
I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries

The New York Times – Business:
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market

The New York Times – Business:
The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
What’s Behind Bessent’s Boasts About the U.S. Bond Market

The New York Times – Business:
By one measure, U.S. government bond markets have posted negative returns, but markets in others countries have experienced steeper losses.
In China, A.I. Is Moving Forward While the Economy Lags Behind

The New York Times – Business:
As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.