business / finance

Russia

Life In Norilsk, A Frozen Gulag Turned Mining Town

NORILSK — The belly of Mother Russia is most fertile 1,000 meters underground and 300 kilometers north of the polar circle. Outside, the temperature can drop as low as -60 degrees Fahrenheit. But ...

United States

World Economy 2017 Forecast: Lost In The (Bretton) Woods

-Analysis- PARIS — Last year was full of surprises across the world: a spike of protectionist fever in the United States at the instigation of Donald Trump, an anti-globalization wave of ...

Chile

Latin America Will Need China's Help To Survive Trump

Trade with Asia will be all the more important for Latin American countries once President Obama ...

Mexico

Mexico Reacts To "Trump Effect" After Ford Scraps Plant

The Ford Motor Company’s decision not to open an auto plant in Mexico — in a swift reaction to Donald Trump’s offhand threat to slap tariffs on all imported vehicles — is another sign that when ...

Venezuela

What's Really Behind Venezuela's Vanishing Banknotes

Venezuela is not running out of banknotes due to criminal or speculative hoarding.

China

China, A Global Superpower? Not So Fast

-OpEd- KALAMAZOO — People from China who travel abroad are struck by the stark differences between their countries. In the U.S. and Europe, they probably envy how people live in comfort and are ...

United States

Goldman Sachs, The Singular New York-To-Washington Path To Power

After bashing the investment bank during the campaign, why Donald Trump could not resist picking ...

Denmark

Hard Questions For Denmark’s Soft Unemployment Cure

"Flexicurity," the Danish labor approach, where it's easy to be fired but also rehired, has h...

Germany

Export-Dependent Germany Faces Reckoning As Protectionism Spreads

The entire German business model, based on exporting its goods and services, may have to change a...

India

Spotlight: India’s Big Bet On New Banknotes

India’s startling announcement last month to swap out most banknotes in circulation — possibly the biggest currency change in decades anywhere in the world — went largely unnoticed outside the ...

France

The Sun May Be Setting On Solar Energy Boom

PARIS — Solar has become the new energy El Dorado. With the price of solar panels plummeting, solar energy has developed spectacularly in recent years. Less than 10 years ago, there were only a ...

Mexico

A Post-NAFTA Plan B For Trump Era? Mexico Must Get Serious

-OpEd- MEXICO CITY — Mexico's President Enrique Peña Nieto recently told a gathering of CEOs at the Asia-Pacific Economic Cooperation (APEC) summit that his country sees no need to renegotiate ...

United States

Populism Is Bad Economics, Lessons For Donald Trump From Latin America

-Analysis- Populists sometimes have good ideas. Taking advantage of historically low interest rates to launch a stimulus plan, for example, is a good idea. Standing up to China, which is ...

Italy

Draghi, Yellen And Central Banks In The Age Of Trump

In the wake of the U.S. election, central bankers unite to stabilize the world economy in the fac...

United Kingdom

Why Black Friday Makes No Sense In Britain

Neither Thanksgiving nor the Friday after is a day off for British workers-shoppers. But there ar...

India

Long Lines, Black Markets: How India’s Cash Crunch Looks On Street Level

NEW DELHI — I am outside the Reserve Bank of India building in New Delhi. It’s 8 a.m. The bank opens at 9 a.m. but more than 300 people have already queued up here. Among them is 60-year-old ...

China

China’s Growing Companies Need Maturity, Not Just Money

Chinese business leaders should learn lessons from Japanese firms' spending sprees of the 198...

China

Serious Risks Of Trump Presidency For The Asian Economy

HONG KONG — Just when China's ...

France

Math Is Taking Over The Economy, That’s A Good Thing

PARIS — Find the distribution of random paths on a directed graph. Of course, when you say it like that, such a problem will hardly excite the masses. But if you had managed to ...

United States

Trump Ethics And Conflicts Of Interest: What Happens Now?

WASHINGTON — Donald Trump will face wide-ranging questions about his ethics and integrity from the moment he enters the White House in January. The president-elect ...

Cyprus

When Brexit Hits Cyprus, Isle Of Offshore Banking And British Expats

Britain's decision to leave the EU is having a ripple effect on the island nation of Cypr...

China

China, From Shrinking Exports To Currency Devaluation

-Analysis- BEIJING — The numbers are decidely mixed. Year-on-year, China's exports fell in September by 10%, which was a 0.5% further drop over August. ...