The Labour Party is starting its second year in control of the government with difficult choices over whether to curb spending or raise taxes.
Category: Economic Conditions and Trends
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Can Taiwan Really Disconnect Its Economy From China?
Momentum is building in Taiwan to lessen its business dependency on China, its biggest trading partner. Doing so will not be easy.
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Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
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Del Monte Foods, the Canned Goods Giant, Files for Bankruptcy
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits and pandemic missteps.
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As Heat Grips Europe, a Struggle to Keep Workers and Customers Cool
Companies are reporting a drop in business, reflecting the economic toll of the heat wave, which is lowering productivity and keeping shoppers at bay.
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Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
The Federal Reserve chair said the central bank would make decisions on interest rates based on data.
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As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
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‘The Better Life Is Out of Reach’: The Chinese Dream Is Slipping Away
Promised a path to prosperity through hard work and education, China’s working class youths are hitting immovable ceilings.
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Energy Markets Wait to See if Iran Will Close the Strait of Hormuz
Crude oil futures will begin trading at 6 p.m. Eastern time on Sunday, providing an early look at the market’s reaction to the U.S. strikes.
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Chinese Companies Set Their Sights on Brazil
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy.
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Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
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How the UK Plans to Boost Its Economy
Rachel Reeves, the chancellor of the Exchequer, broke down public spending plans, including more money for the military, public transport and affordable housing.