Economy | RCP Story Stream

The Global Economy’s Uneven Recovery April 13, 2024

The chances for a swift, uniform rebound from the COVID-19 crisis have dimmed, and the world economy now faces sharply divergent growth prospects....

economy

Ukraine’s Freedom Forge April 13, 2024

As the U.S. dithers on whether it will continue to arm Ukraine’s fight for freedom, Kyiv is not waiting for Washington to do what it must and restock its arsenal for democracy. President Zelensky is transforming Ukraine’s bread basket economy into a ...

Ukraine

China’s Banks Hit Russia’s War Economy April 13, 2024

China's banks have started rejecting payments from Russian importers in a key industry, a Russian newspaper reported Thursday. ...

china

Xi Jinping’s Agenda Is Rebuilding Walls Around China April 13, 2024

It’s been a rough few years for China’s economy. Between harsh “Zero Covid” policies that shut China off from the rest of the world and major Communist Party crackdowns on private sector industries, the country is in desperate need of an economic jol...

china

South Koreans vote for new parliament after campaign focused on economy, graft April 10, 2024

As China’s Economy Falters, so Does Middle Class Confidence April 10, 2024

The slowdown has brought an unfamiliar feeling of uncertainty to a population accustomed to years of breakneck growth. ...

china

Dropping the Cold War Framework in U.S.-China Competition April 09, 2024

Rhetoric around U.S.-China relations in the past few years has frequently been framed as an unavoidable “New Cold War,” pitting the U.S. and its allies as the “democratic bloc” vs a China-led “autocratic bloc,” with Russia playing a supporting role f...

Stagnating Economy Has Forced Xi Into a Retreat April 05, 2024

After the tanks rolled into Tiananmen Square in 1989 and the world turned against China, Deng Xiaoping told the Communist Party to “hide your strength and bide your time”. ...

china

Europe Only Has Itself To Blame for Its Decline April 05, 2024

Europe’s economies remain in trouble as growth falters, budget deficits explode, and price levels remain stubbornly elevated. ...

European Union

New Report Sheds Light on Trade Loopholes That Weaken U.S. April 03, 2024

The Select Committee on the Strategic Competition between the United States and the CCP, headed by Congressman Mike Gallagher (R-WI) and Congressman Raja Krishnamoorthi (D-IL), released a report on how the U.S. can combat the Chinese Communist Party’...

America Is Losing the Shoe Race With China April 02, 2024

China not only has more shoes, it is the world largest producer of shoes. How did The United States let this crucial industry, on which modern economies must stand, escape from its grasp? ...

economics

Turkey’s Local Elections Disappoint President Erdogan April 02, 2024

There is no doubt that Erdogan’s mismanagement of the economy has been the driving force behind popular discontent. ...

Turkey

Canada Is Losing the Plot on Border Security March 05, 2024

Finally. After 25,000 Mexicans applied for asylum in Canada last year, thousands of attempts to illegally cross into the United States on the northeast border, and millions of dollars spent on security and aid, the Canadian government has decided to ...

canada

border security

immigration

Time for China To Move Past GDP Growth Targets March 05, 2024

Sometimes, good news on China’s economy is actually bad news for the broader global economy and financial system. The reference here is to the suspense surrounding Beijing’s highly anticipated annual gross domestic product (GDP) target. ...

china

What Is Going on With Europe’s Economy? March 05, 2024

The Old World has new problems. Over the course of 2023, the European economy saw close to zero growth....

Europe

economics

Will the U.S. Economy Drive Global Growth This Year? March 05, 2024

What happens in the United States does not stay in the United States. The global economy depends on America to act as a main engine of growth, and global financial markets depend on US investors' outsized appetite for risk. This became particularly e...

economy

IMF: India ‘Easily’ the Fastest Growing Economy March 02, 2024

“If you look at the GDP numbers ... India’s poised for about 8% growth this year, that makes India easily the fastest growing economy in the world” — Krishnamurthy Subramanian, executive director at the IMF and former chief economic advisor of India....

India

China’s Factories Send Mixed Signals About the Economy March 01, 2024

China’s vast manufacturing industry sent mixed signals last month about the health of the economy, fueling calls for Beijing to do more to boost growth just days before a key meeting of the country’s leaders....

china

War Is Bad for You — And the Economy February 29, 2024

Joe Biden wants you to believe that spending money on weapons is good for the economy. That tired old myth — regularly repeated by the political leaders of both parties — could help create an even more militarized economy that could threaten our peac...

economy

Many in Iran Are Frustrated by Unrest and Poor Economy; Low Turnout in Elections February 28, 2024

Middle East

Russia’s Wartime Economy To Grow Despite Pain of Sanctions February 26, 2024

Russia

Nigeria’s ‘Hardship’ Economy February 26, 2024

Africa

A Devastating Blow to the Western Economy February 26, 2024

The modern Western world is dependent on undependable technology. From healthcare to banking, communications to infrastructure – electricity grids, water supplies, sewage systems and trains – we rely on complex systems that do what they do, when they...

economics

What Navalny’s Death Means for Russia and the West February 24, 2024

The sudden death of Alexei Navalny, the most prominent opposition figure against Vladimir Putin’s government, marks yet another chilling moment in Russian politics. Navalny’s suspicious demise in an Arctic Russian prison has sparked international out...