Economics

Protestors sit next to a statue symbolizing former "comfort women," who were forced into sexual slavery by Japan during World War II, during a weekly rally near the Japanese Embassy in Seoul on Jan. 10, 2018.

Japan’s Trade War Is as Futile as Trump’s

Tokyo’s temper tantrum over history is mostly hurting itself.

South Korean officials enter the Ministry of Economy, Trade, and Industry in Tokyo to hold talks with their Japanese counterparts on July 12.

Why Are Japan and South Korea in a Trade Fight?

Officially, Japan has “national security” concerns about technology exports to South Korea. Unofficially, World War II still casts an ugly shadow.

Tourists visit La Clandestina, a private shop in Havana, on March 28, 2018. Entrepreneurs known as cuentapropistas and their employees represent 12 percent of the country’s work force—some 580,000 Cubans.

The End of Cuba’s Entrepreneurship Boom

It isn’t just Trump who has put the country’s small businesses under pressure. Díaz-Canel is after them, too.

U.S. President Donald Trump speaks about the United States-Mexico-Canada trade agreement at the Derco Aerospace Inc. plant in Milwaukee on July 12.

The New U.S.-Mexico-Canada Trade Deal Can Work for Everyone

Republicans and Democrats have every reason to compromise and ratify the agreement.

A Muslim woman passes a shop October 10, 2001 in Berlin's heavily-Muslim Neukoelln district.

Women With Headscarves Need Not Apply in Germany

Germans welcomed an unprecedented number of Middle Easterners into their country—but not always into their workplaces.

Mexican President Andrés Manuel López Obrador is dealing with key defections—like Finance Minister Carlos Urzúa—just months into his term, on July 9.

Government Rift Deepens Mexico’s Economic Crisis

After months of rumors, the finance minister bitterly parts ways with the leftist president.

A tea plantation worker shows off plucked tea leaves in the Nuwara Eliya district of Sri Lanka on Feb. 5.

Spilling the Tea in Sri Lanka

As large colonial-era tea plantations crumble, family-owned plots are trying to take their place and save the industry.

Palestinian demonstrators carry caricatures during a protest against the  U.S.-led peace plan in Ramallah on June 24.

Wedge Politics Won’t Bring Israeli-Palestinian Peace

Kushner’s plan aims to divide Palestinians from their leaders but fails to recognize that the people already resent their corrupt leadership—while failing to place any similar pressure on an Israeli prime minister under indictment.

German Chancellor Angela Merkel welcomes Managing Director of the International Monetary Fund (IMF) Christine Lagarde as she arrives to attend the G20 summit in Hamburg, northern Germany, on July 7, 2017.

Christine Lagarde Won, but This Isn’t a Game

Europe is celebrating new leadership, but its central bank will have to confront problems that have no easy answers.

European Trade Commissioner Cecilia Malmstrom addresses a press conference in Brussels on Jan. 18.

While Trump Isolates the U.S., It’s ‘Let’s Make a Deal’ for the Rest of the World

Globalization is alive and well. It’s just the United States sitting on the sidelines.

U.S. President Donald Trump and Chinese President Xi Jinping attend a state dinner in Beijing on Nov. 9, 2017.

Xi-Trump G-20 Meeting Produces Trade Truce

China and the United States signal another truce in the trade war, but existing tariffs--and seemingly irreconcilable demands--still remain.

U.S. President Donald Trump and Chinese Vice Premier Liu He talk to reporters in the Oval Office at the White House on April 4.

Will China and the U.S. Resume Talks?

Plus: Iran's continuing war of words, Hong Kong activists eye G20 summit, and the other stories we’re following today.

Egyptian President Abdel Fattah al-Sisi (C) welcomes Joe Kaeser (R) the CEO of German engineering giant Siemens during the inauguration of three large power plants on the outskirts of Cairo on July 24, 2018.

Egypt’s Economy Isn’t Tanking. It’s Thriving.

A recent article warned that the country faced imminent economic collapse. A careful reading of the economic data shows that reforms have placed it on a path to growth.

Facebook CEO Mark Zuckerberg speaks during the annual F8 summit at the San Jose McEnery Convention Center in San Jose, California.

Facebook’s New Currency Has Big Claims and Bad Ideas

Libra is an ideological project, not a practical one.

A from Iranian news agency Tasnim reportedly shows an Iranian navy boat trying to control the fire from the Norwegian-owned Front Altair tanker in the Gulf of Oman on June 13.

U.S. Blames Iran for Tanker Attacks

Plus: Expert committee convenes on Ebola, Boris Johnson inches closer to the prime minister's office, and the other stories we're following today.

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