In retaliation for Speaker Nancy Pelosi’s visit to Taiwan last week, China conducted large-scale military exercises around the self-governing island democracy and suspended some trade between the sides.The exercises led […]
International Trade and World Market
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Back to news homeThey Flocked to China for Boom Times. Now They’re Thinking Twice.
A.H. Beard, a 123-year-old luxury mattress manufacturer based in Australia, started eyeing China around 2010. At the time, the family-owned company faced looming competition from low-cost, foreign-made mattresses in its […]
Economy Is at Risk of Recession by a Force Hiding in Plain Sight
This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of recession, job losses, hunger and a plunge on stock markets.At the root […]
Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock
WASHINGTON — Relief at the gas pump coupled with this past week’s news that businesses continue to hire at a blistering clip have tempered many economists’ fears that America is […]
Gas Prices Around the World Threaten Livelihoods and Stability
“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the […]
The G7 ponders capping oil prices to deny Russia revenues. How would it work?
Leaders of the Group of 7 nations meeting in Germany, seeking a new way to throttle Russia’s finances while limiting the harm to Western economies, are discussing imposing a ceiling […]
In Russia’s War on Ukraine, China and India Emerge as Financiers
As Russia tries to break the stranglehold of sanctions, China and India are emerging as Moscow’s pivotal financiers by purchasing large amounts of Russian crude, putting themselves in the middle […]
To Pressure Taiwan, China is Now Targeting its Grouper Exports
FANGLIAO, Taiwan — Lin Chun-lai bought his grouper farm in southern Taiwan about a decade ago with an eye on mainland China’s growing appetite for live fish. In just a […]
Companies Brace for Impact of New Forced Labor Law
WASHINGTON — A sweeping new law aimed at cracking down on Chinese forced labor could have significant — and unanticipated — ramifications for American companies and consumers.The law, which went […]
Wall Street Stabilizes in Bear Market Territory as Fed Decision Approaches
Stocks on Wall Street began trading on Tuesday with a modest gain, a day after a rush of selling pushed the S&P 500 into a bear market, leaving the index […]