The president used a keynote speech at the World Economic Forum in Switzerland to renounce the last vestiges of the liberal democratic order.
Category: Economic Conditions and Trends
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As Davos Convenes, Deference to Trump Has Replaced Everything
The traditional rhetoric of the World Economic Forum centered on global integration, climate change and international cooperation. Not anymore.
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Real Estate Crash Weighs on China’s Economic Growth
Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 percent growth last year.
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At Davos, Global Leaders Gather to Ponder the Future of a Messy World
At its 56th annual meeting in Davos, the World Economic Forum will wrestle with war, economics, artificial intelligence and other pressing issues.
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Trump Is Making a Power Play in Latin America. China Is Already There.
China built a dominant strategic position in the region as the leading lender and trading partner. It is watching President Trump’s next moves closely.
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China Touts Hainan, Its Duty-Free Island, Amid $1 Trillion Trade Surplus
Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”
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How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains
After spending nearly $50 billion to expand the country’s Tengiz oil field, Chevron and its partners encounter more uncertainty.
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Cheap Solar Is Transforming Lives and Economies Across Africa
Chinese panels are now so affordable that businesses and families are snapping them up, slashing their bills and challenging utilities.
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How Much More Can the U.S. Travel Industry Take?
Politics and border hassles have chased away foreign visitors, costing businesses billions. Some fear next year’s World Cup won’t be enough to bring tourists back.
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‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
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Bank of Japan Raises Interest Rates to Highest Level in 30 Years
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households.
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Interest Rate Cut and Slower Inflation Offer Britons a Reprieve
Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.