Yellen Calls for More Ukraine Support as G20 Finance Ministers Gather
The Treasury secretary offered a dark assessment of Russia’s economy but a more upbeat outlook for the global economic recovery.
Posted inCredit and Debt Economic Conditions and Trends Group of Twenty Inflation (Economics) International Monetary Fund Malpass, David Third World and Developing Countries World Bank
Defaults Loom as Poor Countries Face an Economic Storm
Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.
Posted inBiden, Joseph R Jr Embargoes and Sanctions European Union Group of Twenty International Trade and World Market Oil (Petroleum) and Gasoline Russian Invasion of Ukraine (2022) United States International Relations
Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
The shape of the war, and its effects on global markets, in the months and years to come could determine the president’s political fate.
Posted inElectric and Hybrid Vehicles Group of Twenty Inflation Reduction Act of 2022 International Relations Law and Legislation Le Maire, Bruno Tax Credits, Deductions and Exemptions United States Economy
France Urges U.S. to Change ‘Made in America’ Electric Car Policy
The French finance minister, Bruno Le Maire, said that U.S. subsidies will inflict damage to Europe’s economy.