Former Minister of National Defense of Poland Radek Sikorski argues the ‘most urgent task’ is to prevent Putin from ‘winning’ Russia-Ukraine war. After Russian President Vladimir Putin floated the idea of nationalizing companies that refuse to do business in Russia over the Ukraine invasion, White House Press Secretary Jen Psaki […]
economic
India’s uneven economic rebound creates winners and losers
Every morning at 5am, Ajit Yadav sets off to collect milk from the small farms dotted around the village of Karkhiyaon in the Indian state of Uttar Pradesh. The steel vats clatter against his weathered Honda motorcycle as he rides to a waiting truck that transports the milk to Varanasi, […]
Economic Reforms Bear Fruit as France’s Macron Seeks Re-Election | World News
PARIS (Reuters) – As Emmanuel Macron launches his campaign for a second term in April’s presidential election, he can count on an economic boom that French voters have not seen the likes of in a generation to boost his bid. With economic growth surging and unemployment falling, Macron can point […]
Biden Reframes Economic Agenda to ‘Building a Better America’ | Politics
President Joe Biden during his first State of the Union address touted several familiar elements of his stalled Build Back Better economic plan, but the central tenets of his revised domestic proposal to target inflation came under a slightly different name on Tuesday evening: “Building a Better America.” After months […]
In China, Fewer Are Willing to Splurge as Economic Worries Mount
HONG KONG—More than two years into the pandemic, China has a problem that would seem very unfamiliar in the U.S. It can’t convince its people to spend more money. From canceled vacation trips to cutting back on dining out, Chinese consumers have remained cautious, refusing to spend like Westerners during […]
Poor economic mood in U.S. means Ukraine crucial to Biden, Democrats
In the early hours of February 24th, Russia initiated a full-scale invasion of Ukraine, much to the dismay of the international community. Our Suffolk University/USA TODAY national poll of registered voters – taken just before the invasion began – suggests that the crisis in Ukraine could also be either a […]
Economic concerns hurt Biden’s approval, keep Democrats in peril ahead of midterms: POLL
Economic discontent is hurting President Joe Biden and his party’s midterm election prospects, with six in 10 Americans reporting inflation hardships, three-quarters saying the economy’s in bad shape and a nearly 20-point lead for the Republican Party in trust to handle it. Biden has other problems, with underwater ratings for […]
EU finance chiefs grapple with economic fallout from attack
Here are your FOX Business headlines. BRUSSELS — After the political outrage against Russia comes the economic reckoning. Finance ministers of the 19 countries that use the euro gathered Friday in Paris to weigh the economic fallout of Russia’s invasion of Ukraine and the resulting European Union sanctions. The EU, […]
Explained: Why economic sanctions are likely to be even less effective against Russia in 2022
The two self-proclaimed republics, where Russian backed rebels have been fighting Ukrainian forces and whose independence Moscow recognised Monday, are located in the rust belt in eastern Ukraine and are collectively part of the Donbass region of Ukraine’s eastern periphery. The White House, which described the Russian actions as a […]
This economic weapon could cut Russia off from ‘the 21st century economy’
In addition to the severe sanctions that Joe Biden has promised, the White House says it’s ready to deploy another economic weapon if Vladimir Putin goes ahead with his planned invasion of Ukraine. That weapon, the Export Administration Regulations (EAR), allows the Biden administration to ban foreign and domestic companies […]