Economics

An illustration of a captain's hat with a 1980s era Pepsi logo and USSR and U.S. flag pins.

The Doomed Voyage of Pepsi’s Soviet Navy

A three-decade dream of communist markets ended in the scrapyard.

A street vendor hawks yams.

In Nigeria, Yam Prices Soar, and Culture Suffers

Yams mean wealth, power, and the holidays—if you can afford them.

Turkish Prime Minister Tayyip Erdogan gets the help of a bodyguard as he takes off his overcoat during his visit at the 'La Alhambra' in Granada, Spain,  13 January 2008 .

Erdogan Has Never Been in This Much Trouble

Surrounded by rivals amid a collapsing economy, the Turkish president is facing the longest odds of his life.

The exterior of the U.S. Capitol building is seen at sunrise in Washington.

Biden Aims to Quash Nord Stream 2 Sanctions in Defense Bill

The move comes amid a European energy crunch and Russian troops massing on the border with Ukraine.

Sens. Kyrsten Sinema and Joe Manchin arrive for a bipartisan meeting.

It’s Fiscally Irresponsible Not to Spend More Money

Reasonable-sounding objections to the Biden administration’s spending bills are anything but.

U.S. Customs officers stand at the closed U.S.-Canadian border near Lansdowne, Ontario, on March 22, 2020.

Who Lost North America?

The project of a stronger, more united continent is on life support. It’s time for a new vision.

Japan’s presidential aircraft lands in Germany.

Germany Can Learn From Japan’s China Strategy

Berlin should import policies from another economic power in a similar predicament.

Coal plant in South Africa

South Africa’s Coal Deal Is a New Model for Climate Progress

The agreement is the most impressive thing to come out of the COP26 climate summit.

The Ever Given after repairs on Nov. 7.

What the Ever Given Taught the World

The ship that blocked the Suez Canal is now repaired, but consumers and governments ignore its lessons at their peril.

Scott Morrison and Xi Jinping

Australia Shows the World What Decoupling From China Looks Like

The bottom line: Beijing’s attempt to bully Canberra has been a spectacular failure.

A stranded man without a train ticket sits in front of a police barricade outside the railway station in New Delhi on May 12, 2020.

Biden’s Foreign Policy for the Middle Class Has a Blind Spot

Enriching middle-class Americans at the expense of their counterparts in the developing world will come back to haunt the United States.

Evergrande hotel

Why China May Not Bail Out Evergrande

A complicated political calculus goes into which businesses Beijing cares about most.

The movie poster from 2020's remake of "Nneka the Pretty Serpent."

Nigeria’s Cinematic Witches Were Rooted in Horrifying Reality

Witch hunts against the poor and vulnerable remain a serious problem.

National Economic Council director Gary Cohn helps hand out signing pens.

Don’t Blame America’s Wealthy. Blame the Game.

A Trump administration tax law was supposed to spur investment in disadvantaged communities. It didn’t work that way.

Load 10 More Articles