At the annual meetings of the International Monetary Fund and the World Bank this week, Kristalina Georgieva, the head of the I.M.F., expressed a mix of relief and trepidation about the state of the world economy. Policymakers had tamed rapid inflation without causing a global recession. Yet another big economic …
Read More »China Tightens Its Hold on Minerals Needed to Make Computer Chips
The vise-tight grip that China wields over the mining and refining of rare minerals, crucial ingredients of today’s most advanced technologies, is about to become even stronger. In a series of steps made in recent weeks, the Chinese government has made it considerably harder for foreign companies, particularly semiconductor manufacturers, …
Read More »Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A plan hatched by wealthy Western nations to deprive Russia of oil revenue is largely faltering, a new report found, with the majority of the Kremlin’s seaborne oil exports evading restrictions that were supposed to limit the price of Russian crude. Almost two years since an oil “price cap” was …
Read More »Russian Strikes on Ukrainian Ports Target Civilian Shipping
Russia has stepped up its assaults on Black Sea port infrastructure and civilian shipping in recent days, in what Ukraine says is an attempt to disrupt its exports and damage its economy. The attacks are part of an intensifying campaign of strikes on the city of Odesa and the region …
Read More »