The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
Category: International Trade and World Market
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I.M.F. Sees World Economy ‘Bottoming Out’ in 2023
The New York Times – Business:Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
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Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
The New York Times – Business:Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
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How a Texas Border City Is Shaping the Future of Global Trade
The New York Times – Business:Laredo, across from Mexico on the Rio Grande, is primed to become one of the world’s most important land ports as American companies reduce their reliance on factories in Asia.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The New York Times – Business:The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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Russia’s War on Ukraine Worsens Global Starvation
The New York Times – Business:Moscow blocks most shipments from Ukraine, one of the world’s largest wheat producers, and its attacks on the country’s energy grid also disrupt the flow of food.
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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
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‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
The New York Times – Business:As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
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US Cracks Down on Chinese Companies for Security Concerns
The New York Times – Business:The Biden administration placed severe restrictions on trade with dozens of Chinese entities, its latest step in a campaign to curtail Beijing’s technology ambitions.