Tag: Recessions and depressions
China's Communist Party charts technology- and security-focused development for reviving the economy
BANGKOK -- In a year of major elections that will determine the destinies of many countries, China’s ruling Communist Party is holding closed,...
Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei
BUENOS AIRES, Argentina -- A closely watched measure of inflation in Argentina was stronger than the libertarian government of President Javier Milei would...
Chileans confront a homelessness crisis, a first for one of South America's richest countries
SANTIAGO, Chile -- The presidential residence of Gabriel Boric, the leftist millennial leader of Chile elected three years ago in the wake of...
New Zealand will radically ease zoning rules to try to relieve its stubborn housing shortage
WELLINGTON, New Zealand -- New Zealand will drastically ease zoning restrictions in a bid to “flood the market” with land for homes and...
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
LOS ANGELES -- The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the...
Economic turmoil in Bolivia fuels distrust in government and its claim of a 'failed coup'
LA PAZ, Bolivia -- Signs reading “I'm buying dollars” line the doors of Víctor Vargas’ shoe shop in the heart of Bolivia’s biggest...