Trekking the perilous Darién Gap and seeking asylum are risks worth taking for migrants from China who have lost hope in the country’s future.
Category: Economic Conditions and Trends
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Eurozone Inflation Falls Faster Than Expected
Prices rose at an annual rate of 2.4 percent in November among the countries that use the euro, continuing a broad decline in energy and food inflation.
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation
The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
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U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy
Britain’s top financial official, Jeremy Hunt, outlined measures to spur business investment and push more people into work.
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China’s Xi Jinping Draws Elon Musk, Tim Cook and Other U.S. CEOs to Gala in San Francisco
Amid frosty U.S.-China relations, Xi Jinping emphasized friendship in an address to executives from Apple, Boeing, Nike and others.
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German Court Says Government Cannot Shift Covid Funds to Climate Projects
The decision could rip a hole in Berlin’s budget and complicate the transition to a greener economy.
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U.K. Inflation Slows to 4.6 Percent, Lowest in Two Years
Inflation is expected to continue to slow, but central bank officials have said they will keep interest rates high.
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The Rise and Fall of the U.S.-China Economic Partnership
China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.