After an earlier announcement sent markets into a tailspin, the prime minister and the chancellor are under pressure to restore fiscal credibility.
Tag: Economic Conditions and Trends
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The Brave Women Protesters in Iran Deserve More U.S. Support
Diplomatic efforts toward a nuclear deal must go hand in hand with American support for Iran’s protest movement.
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China Is the Wild Card in the Energy War With Russia
Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels.
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Global Fallout From Rate Moves Won’t Stop the Fed
The Federal Reserve, like many central banks, sets policy with an eye on the domestic economy. Its battle to control prices is causing pain abroad.
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In Algeria, Veiled From the World, Past and Future Are Shrouded, Too
A land of thwarted potential, the country fends off outside influences, political change and some of its own history.