Tag Archives: Economic Conditions and Trends

Warnings over France’s financial situation grew on Friday when the Moody’s ratings agency issued a negative outlook for the country’s sovereign debt rating amid concerns about the nation’s rapidly rising debt and deficit. The outlook reflects what Moody’s said were heightened risks of political gridlock in France as Prime Minister …

Old World Young Africa How a TV Hit Sparked Debate About Having Too Many Babies Many African women have far more children than women on other continents do: Women in Nigeria have an average of over five children, while American and European women have about 1.5, and Chinese women even …

When two of Vice President Kamala Harris’s closest advisers arrived in New York last month, they were seeking advice. The Democratic nominee was preparing to give her most far-reaching economic speech, and Tony West, Ms. Harris’s brother-in-law, and Brian Nelson, a longtime confidant, wanted to know how the city’s powerful …

Stock prices rose in China on Monday, as investors welcomed government signals of renewed attempts to counter weakness in the economy by borrowing more and easing oversight of the private sector. The CSI 300, an index of large companies traded in Shanghai and Shenzhen, rose 1.9 percent. The increase came …

A late-night Uber ride from Toronto’s Pearson Airport into the city usually guarantees a good fare for the driver. But not for Sachindeep Singh on the evening of Sept. 19. A few miles into the ride, his Uber app stopped working. Mr. Singh’s work permit had expired at midnight and, …

China’s powerful Ministry of Finance said on Saturday that it would borrow more to help cash-short localities and put more money in the hands of state-owned banks, an effort to address a severe slowdown in real estate and shore up crumbling consumer confidence. Lan Fo’an, the finance minister, did not …

France has become one of the most financially troubled countries in Europe, with an outsize debt and deficit that are likely to keep ballooning despite efforts by a fragile new government to address the problem, the Fitch Ratings agency said on Friday. A day after France’s new prime minister, Michel …

On a sunny Friday morning last month, Mike Duggan, the mayor of Detroit, got behind the wheel of his black Jeep Grand Cherokee to give a tour of the city he has led for 10 years. Not far from Michigan Central Station, the former hulking ruin that was recently transformed …

Airline ticket giveaways, elaborate drone and pyrotechnic shows, and invitations to thousands of influencers to visit and “tell a good story.” These are among the wide-ranging ways Hong Kong has tried to revive its international tourism industry, a crucial economic driver battered by years of pandemic restrictions and political upheaval. …