The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
The International Monetary Fund will provide $8 billion to Egypt, which is going through its worst economic crisis in decades.
Clamor for the precious metal is growing as the buying power of the country’s currency plunges in value against the dollar, and inflation eats away at savings.
Without it, Kyiv could hold out for part of the year, one expert said, but would then begin losing the war.
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
The E.U. package of about $54 billion will be spent on nonmilitary expenses, like pensions, payments to displaced people and paying teachers and doctors.
Argentine unions are striking to protest President Javier Milei’s economic policies, which have accelerated inflation. He says they are needed to fix the country.