The G7 would need to get large consumers like India and China involved for such a plan to work. As military battles continue in the Ukraine war, the parallel skirmish over energy continues to escalate, with the West announcing plans for price caps to try and stem Russia’s soaring oil revenues…
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Argentina’s economy minister, Martin Guzmán, has resigned as the country’s economic crisis intensifies. Mr Guzmán had been in office since late 2019 and led negotiations with the International Monetary Fund (IMF) over the restructuring of Argentina’s debt. He called for “a political agreement within the governing coalition” to choose his…
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Some plaintiffs were assigned to the most physically demanding posts or passed over for promotion, the lawsuit said. Fifteen Black former or current employees at Tesla filed a lawsuit against the electric-car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories. The workers said…
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Anti-abortion groups say that the US economic system is broken if women feel like they have to choose ‘between sacrificing their education and career and sacrificing their children’. The United States Supreme Court’s overturning of Roe v Wade, the nearly 50-year-old landmark decision that recognised women’s right to abortion, will…
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In 1997 Hong Kong was handed back to China, triggering the start of a grand political experiment. Many were anxious about how the capitalist, free-wheeling former British colony would fare under Communist Chinese rule. So Beijing promised Hong Kong’s civil liberties and freedom – unavailable in the mainland – would…
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The IMF has said Sri Lanka needs to whittle down existing debt to ‘sustainable’ levels before it can receive any aid. The International Monetary Fund has reported constructive talks with Sri Lankan authorities, raising hopes it could soon grant preliminary approval for a credit facility to alleviate a crisis in…
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