Citing lower trade and investment, analysts broadly agree that Britain’s economy is smaller than it would have been if the country had stayed in the E.U.
Category: Economic Conditions and Trends
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Brexit Has Cost the UK Growth, Analysts Say, in the Decade Since the Vote
The New York Times – Business: -
China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.
The New York Times – Business:Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
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Worried About War’s Impact, Bond Investors Push Rates to Highest Level Since 2007
The New York Times – Business:The 30-year U.S. Treasury yield hasn’t been this high since the lead up to the global financial crisis. Across Europe and Asia, yields are also elevated.
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The Iran War Is Crippling One of the World’s Wealthiest Nations
The New York Times – Business:Iranian attacks have paralyzed Qatar’s vital gas exports and are stalling the tourism and business pivots that were intended to anchor its future growth.
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Oil Prices Rise as Trump Meets China’s Xi
The New York Times – Business:The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
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Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The New York Times – Business:The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
The New York Times – Business:President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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China’s Exports and Imports Set Records in April Amid High Energy Costs
The New York Times – Business:The country’s exports surged and its trade surplus with the United States widened ahead of President Trump’s scheduled visit next week to Beijing.
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Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval
The New York Times – Business:A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.