America and China remain intimately linked through trade despite heightened tensions over Taiwan and the Russian-Ukrainian war. More than a third of all US containerized imports arrive from China. More than a sixth of the value of Chinese exports comes from American purchases. But there are growing signs of at least some decoupling. In recent …
US imports from China fall faster than those from other countries Read More »
More than 50 of the poorest developing countries risk defaulting on their debt and effectively becoming bankrupt unless the rich world offers urgent aid, the head of the United Nations Development Program has warned. Inflation, the energy crisis and rising interest rates are creating conditions under which a growing number of countries are threatened with …
‘More than 50 poor countries at risk of bankruptcy’, says UN official Read More »
The COP27 summit brings together delegates from nearly 200 countries in the Egyptian resort town of Sharm el-Sheikh to discuss how to tackle the climate crisis. Sean Gallup | Getty Images News | Getty Images SHARM EL-SHEIKH, Egypt — Senior officials have kicked off the work of the UN’s flagship climate conference by urging wealthy …
