Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s foreign creditors.
Category: Economic Conditions and Trends
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Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.
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Chinese Factories Slow in Early Sign of Trade War’s Toll
A slowdown in commerce between the United States and China caused by escalating tariffs was evident in a report Wednesday on manufacturing activity in April.
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Why Trump’s Economic Disruption Will Be Hard to Reverse
The president’s turnover of the economic order has unleashed changes that could prove lasting, because other countries will adjust.
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Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
The markets face a baffling prospect: continual disruptions from the White House with potentially severe consequences.
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Trump’s Tariffs Expected to Grind Germany’s Economy to a Halt
The German government scaled back its prediction for 2025 to zero growth, citing the turbulence caused by U.S. tariffs, as well as stubborn bureaucracy and high energy prices.
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Trump’s Trade War With China Puts Japan in a Tight Spot
Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.
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IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
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Global Economic Leaders Gathering in U.S. Confront Trump’s New World Order
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
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Osaka World Expo Recalls a Faded Dynamism From Japan in 1970
The event is stirring memories of an exhibition in 1970, when the postwar Japanese economy was taking off and “you could have dreams about the future.”
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Can China Fight Deflation and Trump’s Tariffs at the Same Time?
China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.
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China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.