The plan to impose a top price of $60 a barrel on Russian crude will most likely make a small dent in the Kremlin’s revenue, but the White House hopes it will help avert an oil shock.
Category: International Trade and World Market
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Chinese Solar Makers Evaded U.S. Tariffs, Investigation Finds
The New York Times – Business:The Biden administration pre-emptively halted any penalties from the case in June, prompting critics to say the administration had shortcut its own trade rules
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Chinese Solar Makers Evaded U.S. Tariffs, Investigation Finds
The New York Times – Business:The Biden administration preemptively halted any penalties from the case in June, prompting critics to say the administration has shortcut its own trade rules
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Markets Await Powell Speech for Hints on Rates
The New York Times – Business:In his final public remarks before a crucial Fed meeting, the central bank’s chair will deliver a speech and answer questions about the outlook for inflation, jobs and the economy.
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Where Cowboys Fly and Cattle Set Sail: An Epic Food Journey
The New York Times – Business:Exporting live cattle from northern Australia to Indonesia has created a unique culture, both a throwback and a modern marvel of globalization.
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China Protests Over ‘Zero Covid’ Follow Months of Economic Pain
The New York Times – Business:President Xi Jinping’s unbending approach to the pandemic has hurt businesses and strangled growth, squeezing the world’s second-largest economy.
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Chinese Unrest Over Lockdowns Upends Global Economic Outlook
The New York Times – Business:Growing protests in the world’s biggest manufacturing nation add a new element of uncertainty atop the Ukraine war, an energy crisis and inflation.
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Cardboard Has Taken Over Our Lives. Where Does It Come From?
The New York Times – Business:A journey to the corrugated core of the 21st-century economy.
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Gina Raimondo, a Rising Star in the Biden Administration, Faces a $100 Billion Test
The New York Times – Business:Gina Raimondo, the commerce secretary, has made a career of tackling increasingly larger challenges. Could the next one be too big?