The signs of Turkey’s disastrous economy are all around. Long lines snake outside discounted bread kiosks. The prices of medicine, milk and toilet paper are soaring. Some gas stations have […]
Economic Conditions and Trends
Trending topics and news from the Economic Conditions and Trends category
Back to news homeWorkers in Europe Are Demanding Higher Pay as Inflation Soars
PARIS — The European Central Bank’s top task is to keep inflation at bay. But as the cost of everything from gas to food has soared to record highs, the […]
Inflationary Wave Changes Political Terrain for Right-Wing Populists
“As soon as we started seeing the changes this year going in the wrong direction, namely for further rate reductions, then we started getting worried about the currency,” Ms. Calich […]
China Evergrande Investors Relax Despite Default Deadline
HONG KONG — For months, as a troubled property company called China Evergrande spooked global markets with its financial problems, Beijing sat on the sidelines.Now, the government is taking a […]
Didi of China Moves to Delist From New York Stock Exchange
The decades-long, trillion-dollar love affair between China and Wall Street is coming to an end.Didi Chuxing, a $39 billion company that is China’s answer to Uber, on Friday said that […]
How Omicron Could Knock Economic Recovery Off Track
LONDON — This week, Marisha Wallace finally had to admit that her planned five-day ski holiday in Switzerland in mid-December was not salvageable: The Swiss government’s sudden decision to impose […]
A Top Official Says the Fed Will ‘Grapple’ With a Faster Bond-Buying Taper
John C. Williams, president of the Federal Reserve Bank of New York, said the latest variant of the coronavirus could prolong the bottlenecks and shortages that have caused inflation to […]
As Virus Cases Rise in Europe, an Economic Toll Returns
“It was a shock” when the lockdown was announced, she said, adding that it was too early to predict the scale of the losses she could incur. “We just have […]
Inflation Batters Pakistan and Puts Pressure on Imran Khan
Muhammad Nazir canceled his daughter’s wedding. He parks his motorcycle at home and walks to his shop. Many of his shelves are empty because he can’t afford to stock the […]
Japan’s Economy Shrinks, but Outlook Is Brighter as Virus Ebbs
Japan’s economy continued to wobble in the third quarter of 2021, tipping back into contraction, as the country struggled to find its economic footing in the face of coronavirus restrictions […]