How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.
Economic Conditions and Trends
4 Takeaways from Turkey’s Nail-Biting Presidential Election
Recep Tayyip Erdogan is headed for his — and his country’s — first presidential runoff vote. But the first round showed the longtime leader’s continued strength.
Erdogan Amassed Power in Turkey. He Could Still Lose This Election.
Turkey’s president, Recep Tayyip Erdogan, has tilted the political playing field in his favor over the past two decades, concentrating power in his own hands. Still, he faces a stiff challenge in Sunday’s election.
Kemal Dervis, Who Eased Turkey’s Economic Crisis, Dies at 74
Changes he spearheaded in 2001 helped avert disaster. He later led the United Nations Development Program.
Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, but forecast that Britain was likely to avoid a recession.
Arab League Votes to Readmit Syria, Ending a Nearly 12-Year Suspension
The country is poised for a triumphant return this month at the league’s next summit — perhaps represented by President Bashar al-Assad, the Syrian leader accused of committing war crimes against his own people.
India Is Passing China in Population. Can Its Economy Ever Do the Same?
India has a young, vast work force that is expanding as China’s ages and shrinks. But the country’s immense size also lays bare its enormous challenges.
Why China’s Shrinking Population Is a Problem for Everyone
China struggled for years to curtail its rapid population growth. Now that its population is declining, economists and others fear serious implications for China and countries around the world.
Will This Be the ‘Indian Century’? Four Key Questions
As India becomes the most populous country in the world, can it take advantage?