Patricia Cohen
Posts
Turkey Is Strengthening Its Energy Ties With Russia
As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as a regional trading hub.
Out of the Public Eye, a Debate Is Raging Over a Postwar Ukraine Economy
Beyond the enormous cost of rebuilding the country are difficult and delicate choices about how to best connect the nation to European markets and commerce.
Chinese Unrest Over Lockdowns Upends Global Economic Outlook
Growing protests in the world’s biggest manufacturing nation add a new element of uncertainty atop the Ukraine war, an energy crisis and inflation.
Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that...
U.K. Economy Shrinks as Threat of Recession Nears
Economic output fell 0.2 percent in the third quarter as the services and production industries slowed.
Eurozone Inflation Reaches 10.7 Percent as Economies Slow Down
The rise in consumer prices hit another record in October, with more than half of the countries that use the euro registering double-digit increases.
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
In an Echo of History, the British Pound Has Lost Its Dominance
The Bank of England had to step in Wednesday after markets deemed a new government economic plan unwise, but the pound has been on a...
Strong Dollar Is Good for the US but Bad for the World
The Federal Reserve may have no choice but to wage a relentless inflation fight, but countries rich and poor are feeling the pain of plunging...
How a Looming Oil Ban Could Devastate a Small Italian City
Italy’s largest refinery, owned by Russia’s Lukoil, has lost financing because of sanctions. Now, it faces the cutoff of its crude supply, putting thousands of...