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Businesses Brace for Currency Chaos in Asia

Tigun Wibisana and Sandra Kok, who own a cafe in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices […]




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Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes

Ms. Truss has been cheered on by conservative champions of supply-side economics in the United States, including many of the chief backers of Mr. Trump’s tax cuts. Stephen Moore, who […]




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Why the British Pound Continues to Sink

Over the centuries, British leaders have often gone to extraordinary lengths to protect the pound’s value, viewing its strength as a sign of the country’s economic power and influence. King […]







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Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

Before war ravaged Yemen, Walid Al-Ahdal did not worry about feeding his children. At his hometown near the Red Sea, his family grew corn, raised goats and relied on their […]




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World Economic Outlook Dims as War and Pandemic Cast a Pall

“Demand will be and will need to be restrained by the removal of monetary accommodation,” she said. “And this has become very clear in recent months.”In addition to the war, […]




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I.M.F. Forecasts U.S. and China Slowdowns Will Hold Back Growth

The pandemic has changed the way people in many parts of the world spend their money, shifting funds that might have been used for dining, travel and entertainment to goods […]




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China’s Economy Is Slowing, a Worrying Sign for the World

BEIJING — Construction and property sales have slumped. Small businesses have shut because of rising costs and weak sales. Debt-laden local governments are cutting the pay of civil servants.China’s economy […]




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Critics Say I.M.F. Loan Fees Are Hurting Nations in Desperate Need

At a time when the coronavirus pandemic is fueling a rapid rise in inequality and debt, a growing number of policymakers and economists are pressuring the International Monetary Fund to […]




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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 […]