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The Elusive Fix for China’s Budget Crisis
Posted inChina Chongqing (China) Communist Party of China Economic Conditions and Trends Local Government Property Taxes Real Estate and Housing (Residential) Shanghai (China)

The Elusive Fix for China’s Budget Crisis

Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Posted by By Keith Bradsher
The U.K. Economy Needs a Pick-Me-Up. Is the Coronation Enough?
Posted inCharles III, King of the United Kingdom Economic Conditions and Trends Great Britain Holidays and Special Occasions Restaurants Royal Families Shopping and Retail The King Charles

The U.K. Economy Needs a Pick-Me-Up. Is the Coronation Enough?

Caught between slow growth and high inflation, businesses are hoping King Charles’s coronation will bolster consumer confidence enough to last more than just one weekend.
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Posted by By Eshe Nelson
The ‘Peace Dividend’ Is Over in Europe. Now Come the Hard Tradeoffs.
Posted inDefense and Military Forces Economic Conditions and Trends Europe European Union Germany North Atlantic Treaty Organization Russia Russian Invasion of Ukraine (2022) Ukraine

The ‘Peace Dividend’ Is Over in Europe. Now Come the Hard Tradeoffs.

Defending against an unpredictable Russia in years to come will mean bumping up against a strained social safety net and ambitious climate transition plans.
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Posted by By Patricia Cohen and Liz Alderman
The Eurozone Economy Shows Signs of Modest Growth
Posted inEconomic Conditions and Trends Europe European Central Bank Eurozone Gross Domestic Product Inflation (Economics)

The Eurozone Economy Shows Signs of Modest Growth

The countries that use the euro recorded economic expansion of 0.1 percent in the first quarter, a slight improvement over the previous quarter’s flat output.
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Posted by By Liz Alderman

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