The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich.
Tag: Economic Conditions and Trends
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As Economy Falters, China’s New Premier Tries to Boost Business Confidence
Li Qiang, the country’s No. 2 leader, sought to reassure entrepreneurs who have been wary of making new investments.
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A Chinese Commonwealth? An Unpopular Idea Resurfaces in Taiwan.
The war in Ukraine is causing many Taiwanese to rethink their relationship with China.
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Debt Default Would Cripple U.S. Economy, New Analysis Warns
As President Biden prepares to release his latest budget proposal, a top economist will warn lawmakers that Republicans’ refusal to raise the nation’s borrowing cap could put millions out of work.
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Plunge in Currency Deepens Iran’s Economic Crisis
Years of Western sanctions are partly to blame for the crisis. But economists say poor management by the country’s authoritarian clerical rulers also plays a big part.