

Patricia Cohen
Posts

Russia’s Economy Is Increasingly Structured Around Its War in Ukraine
The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.

In Provence, Winemakers Confront Climate Change
Centuries-old varieties are being altered by weather patterns, threatening the economics of businesses in one of the world’s most important regions.

Eurozone Inflation Rate Drops to 4.3 Percent
Prices rose at the slowest rate since before the Ukraine war, as inflation in fuel and food eased.

How West Africa Can Reap More Profit From the Global Chocolate Market
Resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing. The “fairchain movement” wants to change that.

Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.

Europe Rushes to Build Defenses But With Little Consensus on How
A push by more than 30 allied countries to arm themselves, precipitated in part by Russia’s invasion of Ukraine, has raised concerns of disorganization and...

Why Austria Is Struggling to Break Away From Russian Gas
Austria, unlike most European Union countries, is still buying nearly as much natural gas from Russia as it was before the war in Ukraine.

The Economic Fallout From Extreme Heat Will Rise Over Time
Among the costs of very high temperatures: reduced labor productivity, damaged crops, higher mortality rates, trade disruption and dampened investment.

The Russia-Ukraine War Changed This Finland Company Forever
Nokian Tyres of Finland made 80 percent of its tires in Russia, where energy was cheap. After losing billions, it prioritized political security over business...

Eurozone Inflation Slows, but Underlying Price Pressures Persist
The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.