Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
Category: Economic Conditions and Trends
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France’s Political Turmoil Is Weighing on Its Economy
As a new prime minister seeks stability, three government shake-ups since last summer have already taken their toll on the French economy.
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Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow.
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Germany’s Top Economist Charts a Path Out of Europe’s Crisis
Joachim Nagel, the president of Germany’s central bank, warned against “complacency” in European capitals over tariffs, competition with China and attacks on institutions.
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Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
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Fears of Economic Turmoil Deepen in France as Another Prime Minister Quits
The surprise resignation of Sébastien Lecornu after less than a month in office intensified concerns that France would be unable to tackle its enormous debt pile.
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Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
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Germany Woos Indian Workers Spooked by Trump’s H-1B Visa Fee
Selling the prospect of high wages and stable migration rules, Germany’s ambassador to India makes a pitch to skilled Indian workers.
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Tariff Uncertainty Expected to Slow Global Economic Growth This Year
President Trump’s trade war is still playing out, and the full effect will be felt heading into next year, the latest projections show.
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Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth
Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.
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How China Is Weathering the Trade War With Trump
Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging.