US, Mexico Face Major Heat Wave That’s Set to Tax Electric Grid
Near record heat will spread from the US Southwest across Texas and the Great Plains this week, with
2023-07-09 20:51
Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit
2023-07-09 20:22
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:18
Labour’s Reeves Pledges Investment Despite Perilous UK Finances
The UK opposition Labour Party faces the prospect of regaining power against a backdrop of record high debt,
2023-07-09 18:45
Solidarity or Squabbling: Five Things to Watch at NATO’s Summit
Leaders of the 31 countries that comprise the North Atlantic Treaty Organization will gather in Vilnius, Lithuania, for
2023-07-09 17:52
Ukraine Recap: US Cluster Bomb Decision Still Causing Waves
The US decision on Friday to provide controversial cluster bombs to Ukraine continues to cause waves, with some
2023-07-09 15:45
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:15
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-09 14:53
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
2023-07-09 14:52
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:17
Privatized Britain’s Debt Load Is Now a Major Government Problem
For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap
2023-07-09 13:29
China’s Flood of Plastic, Yellen Departs: Sunday Asia Briefing
US Treasury Secretary Janet Yellen completed her task in Beijing today, potentially adding a small measure of relief
2023-07-09 12:49