The rich world has developed a shockingly high tolerance for cruelty in order to keep out desperate people.
Tag: Economic Conditions and Trends
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No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid
The kingdom used to send money to poorer countries like Egypt with few strings attached. But it is increasingly leveraging its economic power for influence in the Middle East and beyond.
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Can India Change the World?
For most of history, it was one of the world’s leading economies, and it now has a fighting chance to recover that role.
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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.