The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
Category: Economic Conditions and Trends
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War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says
Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
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Asia Is Getting Crushed Between Oil Prices and the Dollar
From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
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As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
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As War Disrupts the Gulf, India’s Growth Story Faces New Risks
Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
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Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.