The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.
Category: Economic Conditions and Trends
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Bank of Japan Edges Toward Letting Rates Rise
Bank of Japan takes a step toward allowing interest rates to rise, saying it will be more flexible in managing its bond market.
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Global Economy Shows Signs of Resilience Despite Lingering Threats
The International Monetary Fund upgraded its global growth forecast for 2023.
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Russia Strikes Danube Port, Escalating Attacks on Ukraine Grain Routes
The assault, across the river from Romania, heightened the risk of a more direct confrontation with a NATO member and came on the same day that drones struck buildings in Moscow.
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China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
The government’s new 31-point guidelines meant to inspire confidence feel empty to businesspeople after a three-year clampdown and no concrete changes.
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U.K. Inflation Rate Slows to 7.9 Percent
The larger-than-expected slowdown, led by motor vehicle fuel prices, offers some relief to the government and the Bank of England.
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As Sunak Makes His Case to Britons, the Economy Undermines It
Britain’s stubbornly high inflation rate has come to symbolize a deeper economic malaise — a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.
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Why Britain’s Mortgage Holders Are Being Squeezed
The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.
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Why Britain’s Mortgage Holders Are Being Squeezed
The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.
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The Economic Fallout From Extreme Heat Will Rise Over Time
Among the costs of very high temperatures: reduced labor productivity, damaged crops, higher mortality rates, trade disruption and dampened investment.
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China’s Economy is Slowing, Posing a Challenge for Global Growth
New data published on Monday shows a post-pandemic recovery has not materialized after restrictions were lifted last year.
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One Reason China Is Willing to Engage Again: Its Troubled Economy
China was on track to recover after closing itself off during the pandemic. Now the country’s growth is staggering and Beijing is signaling it is open to talking.