Economics

Turkish President Recep Tayyip Erdogan

Halkbank Indictment Turbocharges U.S.-Turkey Tensions

After a long, mysterious delay, the Trump administration finally targets the Turkish bank for helping Iran to evade U.S. sanctions. Don’t expect Ankara to cooperate.

A man looks at his phone near a giant image of the Chinese national flag on the side of a building in Beijing on Oct. 23, 2017.

China’s Record on Intellectual Property Rights Is Getting Better and Better

The country is making the transition from net importer of ideas to net innovator, and as it does, it is finding that good patent laws matter.

Chinese Vice Premier Liu He presents U.S. President Donald Trump with a letter from Chinese President Xi Jinping after the two discussed a U.S.-China trade agreement.

The Pretend Trade Deal

Both the United States and China want a bargain. But they’re fooling themselves if they think it’s happening.

Indian school students form the Chinese characters for the name of Chinese President Xi Jinping.

The Leaders of the World’s Two Biggest Countries Meet—and Come Away With Little Progress

Flashy summits between Xi Jinping and Narendra Modi don’t achieve much because India has a weaker set of cards than China. To change the game, New Delhi needs to hew closer to Washington.

Scottish National Party Member of Parliament Ian Blackford joins celebrations marking five years since Scotland's independence referendum.

Scotland Could Leave the United Kingdom Over Brexit—and Green Energy

The debate over how to best marshal the country's alternative energy sources may affect a new independence referendum.

U.S. President Donald Trump shakes hands with Chinese Vice Premier Liu He.

Trade War Pause Leaves Few Happy

Mini-deal between the United States and China brings relief to farmers but offers no long-term solutions.

U.S. President Donald Trump speaks on Asian trade at the White House.

The Trade War Is Only Getting Worse

Any expectations that high-level U.S.-China talks this week could produce a grand bargain on trade have all but evaporated.

G-20 summit dinner

Trump’s Credibility With China Plummets

The U.S. president’s casual request for an investigation of the Bidens has Beijing saying no thanks—and largely ignoring his demands as trade talks look headed for a tough run.

Mexican President Andrés Manuel López Obrador discusses Pemex.

Mexico Tries to Turn Back the Clock on Energy

Forget the energy opening: López Obrador works to restore the primacy of Pemex, the state-owned oil giant.

U.S. stock market indices plunged after weak manufacturing numbers and fears of a recession on Oct. 1.

Rumblings of Recession Get Louder

With U.S. manufacturing taking its worst hit since the Great Recession, signs of a global economic downturn are everywhere.

White House trade advisor Peter Navarro successfully led U.S. demands for reform of the Universal Postal Union in an extraordinary meeting in Geneva, Sept. 24, 2019.

Trump Scores a Big Victory—on Stamps

The United States tries to level the playing field for postal services worldwide.

U.K. Prime Minister Boris Johnson arrives for a meeting with United Nations Secretary-General António Guterres at the U.N. General Assembly in New York on Sept. 24.

Now It’s Really ‘Do or Die’ for Boris Johnson

Following a high court ruling that his suspension of Parliament was unlawful, the lame-duck British prime minister will have to confront a hostile Commons.

Indian Prime Minister, Narendra Modi gives a speech at the Kevadia Colony of Narmada District in India on Sept. 17.

Everyone Thinks the Economy Is Issue No. 1 for India’s Modi. It’s Not.

Little separates various Indian political parties on the economy. That’s why the prime minister’s new government is making its mark by delivering on its social and cultural agenda.

Iranian women walk in the capital, Tehran, on Aug. 27. Iran’s economy has struggled with U.S. sanctions and could face even more after last weekend’s attack on Saudi oil facilities.

Trump Sanctions Iran Again, Inching Toward Economic Blockade

But some experts say the move is a weak response to alleged Iranian attacks on Saudi oil.

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