When President Javier Milei of Argentina faced an economic meltdown, President Trump vowed to come to his aid. But that lifeline is coming at a cost.
Category: Economic Conditions and Trends
France’s Political Turmoil Is Weighing on Its Economy
As a new prime minister seeks stability, three government shake-ups since last summer have already taken their toll on the French economy.
Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
Andrej Babis Likely to Return as Czech Prime Minister After Parliamentary Win
The party of Andrej Babis, a billionaire and a skeptic of military support to Ukraine, prevailed in parliamentary elections by focusing on the economy.
Ex-Prime Minister Set to Return to Power in Czech Republic
The party of Andrej Babis, a billionaire and a skeptic of military support to Ukraine, prevailed in parliamentary elections by focusing on the economy.
Russia’s Military Budget Shrinks as War Costs Hit Kremlin’s Economic Limits
The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Germany Woos Indian Workers Spooked by Trump’s H-1B Visa Fee
Selling the prospect of high wages and stable migration rules, Germany’s ambassador to India makes a pitch to skilled Indian workers.
Germany Woos Indian Workers Spooked by Trump’s H-1B Visa Fee
Selling the prospect of high wages and stable migration rules, Germany’s ambassador to India makes a pitch to skilled Indian workers.
Ukrainians Are Grateful but Skeptical After Trump’s Turnabout on the War
Whereas he once pressed Ukraine to take any deal, President Trump said he now believed that the country could win. Some Ukrainians seemed not to take his position seriously.
Ukrainians Are Grateful but Skeptical After Trump’s Turnabout on the War
Whereas he once pressed Ukraine to take any deal, President Trump said he now believed that the country could win. Some Ukrainians seemed not to take his position seriously.
Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth
Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.
Nepal Uprising Is Latest Challenge to India’s Backyard Diplomacy
The overthrow of Nepal’s government is the latest in a series of uprisings among India’s neighbors, creating a political churn that complicates its ties.
Nepal Uprising Is Latest Challenge to India’s Backyard Diplomacy
The overthrow of Nepal’s government is the latest in a series of uprisings among India’s neighbors, creating a political churn that complicates its ties.
U.S. Government to Invest $75 Million in Ukraine’s Minerals
The investment will ease fears in Kyiv that Washington is pulling back from Ukraine’s war effort. It also underscores the mercantile nature of the U.S.-Ukrainian alliance under President Trump.
Europe’s Extreme Summer Weather Could Cost It Billions
Heat waves and flooding could cost the European Union $50 billion in damage to buildings and crops as well as a loss of productivity, a new study found.
How China Is Weathering the Trade War With Trump
Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging.
With a Hashtag, Young Chinese Are Mourning the ‘Beauty of the Boom Years’
Nostalgia for the fashion and culture of the years after the millennium, when the future held promise for many, is a commentary on today’s mood.
U.S., China Conclude Talks With ‘Framework’ on TikTok Sale
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
U.S., China Conclude Talks With ‘Framework’ on TikTok Sale
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
U.S. and China to Resume Talks on Tariffs, TikTok in Madrid
Economic officials meeting in Madrid will seek to head off a November tariff deadline.
China’s Exports to Africa Are Soaring as Trade to U.S. Plunges
Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
Why France’s Financial Woes Are Pushing Its Government to the Brink
The French prime minister has proposed drastic spending cuts and tax increases to shore up the country’s accounts, but his plan could backfire.
India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.
India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.
America Closed Malls, but China Kept Building Them. Now It Has Too Many.
The first closing of an Apple Store in mainland China hints at broader troubles facing the country’s shopping malls as developers open more of them despite a glut.
India Reels at Trump’s Highest Tariffs Yet
Businesses and policymakers are casting around for help from unlikely places, as the country’s exports to the United States are crushed by 50 percent tariffs.
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy?
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
Fears of the French Government Collapsing Send Its Borrowing Costs Soaring
France’s finance minister suggested that a cornerstone of the European economy might need help from the International Monetary Fund if a political and debt crisis were not addressed.
5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate creditors.
Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
