Tag Archives: economic

Britain’s economic recovery nearly stalled in July as Delta variant spread.

Britain’s economic recovery nearly stalled in July as Delta variant spread.

Britain’s economic recovery nearly stalled in July as Delta variant spread. Britain’s economic recovery nearly stalled in July as Delta variant spread. The issue of vaccine mandates has been a delicate balance for employers, weaving in politics, health and privacy. But the government has put increasing pressure on employers to play a role in helping to vaccinate the country — …

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Lebanon Gets New Prime Minister Amid Economic Meltdown

Lebanon Gets New Prime Minister Amid Economic Meltdown

Lebanon Gets New Prime Minister Amid Economic Meltdown Lebanon Gets New Prime Minister Amid Economic Meltdown BEIRUT, Lebanon — Najib Mikati, a billionaire telecommunications tycoon, became the prime minister of Lebanon on Friday, seizing the reins for a third time in a country that has been without a government for more than a year while its people careened deeper into …

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An Economic Lifeline in South America, the Paraná River, Is Shriveling

An Economic Lifeline in South America, the Paraná River, Is Shriveling

An Economic Lifeline in South America, the Paraná River, Is Shriveling An Economic Lifeline in South America, the Paraná River, Is Shriveling ROSARIO, Argentina — The fisherman woke up early on a recent morning, banged on the fuel containers on his small boat to make sure he had enough for the day, and set out on the Paraná River, fishing …

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Powell Signals Fed Could Start Removing Economic Support

Powell Signals Fed Could Start Removing Economic Support

Powell Signals Fed Could Start Removing Economic Support Powell Signals Fed Could Start Removing Economic Support Eighteen months into the pandemic, Jerome H. Powell offered the clearest sign yet that the Federal Reserve is prepared to soon withdraw one leg of the support it’s been providing to the economy as conditions strengthen. But the Fed chair made clear that interest …

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Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid

Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid

Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid WASHINGTON — As the Taliban attempt the precarious shift from insurgent movement to functioning government, Afghanistan is facing the heightened risk of a financial collapse after being propped up for the past two decades by foreign aid that now accounts for nearly …

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Stocks drop as investors sense an end to economic stimulus measures.

Stocks drop as investors sense an end to economic stimulus measures. Stocks drop as investors sense an end to economic stimulus measures. Jerome H. Powell, chair of the Federal Reserve. Minutes of their last meeting showed that Fed policymakers were ready to slow large purchases of government-backed bonds but were split on when to begin.Credit…Jose Luis Magana/Associated Press Stocks dropped …

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Retail sales fell in July, highlighting the rocky economic recovery.

Retail sales fell in July, highlighting the rocky economic recovery. Retail sales fell in July, highlighting the rocky economic recovery. Daily Business Briefing Aug. 17, 2021Updated  Aug. 17, 2021, 12:23 p.m. ET Aug. 17, 2021, 12:23 p.m. ET Spending on cars, car parts, building materials, furniture and sporting goods declined in June despite an overall rise in sales.Credit…Cristobal Herrera-Ulashkevich/EPA, via …

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Collapse: Inside Lebanon’s Worst Economic Meltdown in More Than a Century

Collapse: Inside Lebanon’s Worst Economic Meltdown in More Than a Century

Collapse: Inside Lebanon’s Worst Economic Meltdown in More Than a Century Collapse: Inside Lebanon’s Worst Economic Meltdown in More Than a Century TRIPOLI, Lebanon — Rania Mustafa’s living room recalls a not-so-distant past, when the modest salary of a security guard in Lebanon could buy an air-conditioner, plush furniture and a flat-screen TV. But as the country’s economic crisis worsened, …

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I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth

I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth

I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth The International Monetary Fund warned on Tuesday that the gap between rich and poor countries was widening amid the pandemic, with low vaccination rates in emerging economies leading to a lopsided global recovery. The I.M.F. maintained its 2021 global growth forecast of …

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The I.M.F. warns of a lopsided economic recovery but retains its 6 percent global growth forecast.

The I.M.F. warns of a lopsided economic recovery but retains its 6 percent global growth forecast. The I.M.F. warns of a lopsided economic recovery but retains its 6 percent global growth forecast. Daily Business Briefing July 27, 2021Updated  July 27, 2021, 9:14 a.m. ET July 27, 2021, 9:14 a.m. ET India was downgraded because of a severe second wave of …

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