Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
Category: International Trade and World Market
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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
The New York Times – Business: -
The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.
The New York Times – Business:Forecaste
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Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
The New York Times – Business:Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
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At Davos, European Distress Over a ‘Made in America’ Law
The New York Times – Business:The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to stimulate green investment.
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New Orleans Port Expansion Shows Optimism on Future of Global Trade
The New York Times – Business:The city that was once the world’s gateway to America is betting it can win in a new and different era of global integration.
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China Returns to Davos With Clear Message: We’re Open for Business
The New York Times – Business:Emerging from coronavirus lockdown to a world changed by the war in Ukraine, China sought to convey reassurance about its economic health.
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World Economic Forum in Davos Confronts a New Order
The New York Times – Business:The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
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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.