People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.
Category: Economic Conditions and Trends
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China’s Exports Surge as Trade Tensions Near Boiling Point
China’s trade surplus soared, helping to lift the country’s economy even as consumer spending slows because of a sharp housing contraction.
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India’s Modi, Humbled by Voters, Faces Potent Economic Struggles
With his grip on political power weakened, the Indian prime minister is confronting the same formidable challenge — how to generate hundreds of millions of jobs.
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Guess Who’s Angry at China’s Real Estate Bailout: Homeowners
China has relaxed or eliminated measures on home buying to spur new purchases. This has made a vocal constituency of existing homeowners very unhappy.
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Europe Has Fallen Behind the U.S. and China. Can It Catch Up?
A “competitiveness crisis” is raising alarms for officials and business leaders in the European Union, where investment, income and productivity are lagging.
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Inflation Ticks Up in the Eurozone
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.
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Wall Street Lands on India, Looking for Profits It Can’t Find in China
Stock markets in Mumbai have surged as big global investors hope India can become a source of growth. It won’t be so easy.
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Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
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I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy
Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
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Business-First Hong Kong Now Comes With a Catch: Beijing Politics
The city, promised some autonomy by China, is trying to move on from a security law imposed by Beijing. Companies are learning that’s not always possible.
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How China Pulled So Far Ahead on Industrial Policy
The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
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Big Sky, Big Growth: How Montana’s Newcomers Are Shaping Its Senate Duel
Out-of-state transplants, drawn during the pandemic by the Mountain West’s allure, have caused prices to soar and created new uncertainty in the state’s crucial Senate race.