As Ramadan Nears, Syrians Feel the Pinch of a Cash Shortage
Days before the start of Ramadan, lines of people snaked down the stairs outside a bank in Syria’s capital, Damascus, waiting for hours to withdraw the equivalent of about $15…
German Central Bank Loss Points to More Economic Woes for Germany
The president of Germany’s central bank, which on Tuesday reported an annual loss for the first time in more than 40 years, said that Germany faced another year of economic…
What Germany’s Election Result Means for Its Economy
Friedrich Merz and his center-right Christian Democrats emerged victorious in Germany’s election on Sunday, but the celebrations may be short. The next government, almost certainly led by Mr. Merz as…
In Britain, a Fight Over a Film Studio Becomes a Test for the Economy
Andrew Rackstraw has lived in Marlow, a small, wealthy town on the River Thames about 30 miles west of London, for nearly three decades. Its main streets are dotted with…
Emboldened Kremlin Steps Up Efforts to Seize Businesses in Russia
After the fall of Communism, Russia ushered in capitalism by selling off billions of dollars in state assets. Now, 30 years later, the Russian government is stepping up a wartime…
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
When Xi Jinping, China’s leader, made his entrance at a symposium with a group of top entrepreneurs this week, he seemed to be in good spirits. China has had a…
Under Trump, D.C. Faces More Federal Control, Fewer Federal Workers
Follow the latest news on the Trump administration. Mass layoffs have begun across the city’s largest employer, tipping economic forecasts for the Washington, D.C., region toward recession. Real estate agents…
The Man Who Broke Germany’s Government Wants a Chance to Fix It
It has been a rocky few months for Christian Lindner, and for the German political system that he has thrown into chaos. In November, Mr. Lindner, who was the federal…
When Germany Votes, It Will Be About the Economy
When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical factory halved its annual…
Japan’s Economy Recovered In Second Half But Barely Grew in 2024
For decades in Japan, it was accepted as gospel: A weak currency makes companies more competitive and bolsters the economy. Part of that promise came true last year: As the…