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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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Supply Chain Hurdles Will Outlast Covid Pandemic, White House Says

In the report, the administration cited its efforts to identify weaknesses in supply chains for key products like semiconductors, electric-vehicle batteries, certain minerals and pharmaceutical products, and to bolster American […]




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Treasury Aims for Economic Pain on Russia, but Critics Question Effectiveness

WASHINGTON — When Russia imposed retaliatory sanctions on top American officials last month, its government targeted President Biden and his top national security advisers, along with Wally Adeyemo, the deputy […]




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Ukraine War Reverberates in Europe’s Factories and Warehouses

PARIS — The shoes, 600 pairs in all, lay untouched inside an Italian warehouse: magenta sandals, décolleté heels and gold ballerina flats, destined for Russian boutiques but stuck in a […]




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How the Recoil From Russian Gas Is Scrambling World Markets

Mr. Di Odoardo figures that L.N.G. flows from the United States to Europe have already reached two-thirds of the bilateral target for this year, and so reaching it should be […]




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Amid Sanctions, Putin Reminds the World of His Own Economic Weapons

LONDON — In the five weeks since Russia invaded Ukraine, the United States, the European Union and their allies began an economic counteroffensive that has cut off Russia’s access to […]




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Biden will tap oil reserve, hoping to push gasoline prices down.

Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more than […]




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Soaring Cost of Diesel Ripples Through the Global Economy

Farmers are spending more to keep tractors and combines running. Shipping and trucking companies are passing higher costs to retailers, which are beginning to pass them on to shoppers. And […]




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Russia-Ukraine War Is Reshaping How Europe Spends

Nicolae Ciuca spent a lifetime on the battlefield before being voted in as prime minister of Romania four months ago. Yet even he did not imagine the need to spend […]




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New Supply Chain Risk: 22,000 Dockworkers Who May Soon Strike

In a world contending with no end of economic troubles, a fresh source of concern now looms: the prospect of a confrontation between union dockworkers and their employers at some […]