Patricia Cohen
Posts
Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
Europe Rushes to Build Defenses But With Little Consensus on How
A push by more than 30 allied countries to arm themselves, precipitated in part by Russia’s invasion of Ukraine, has raised concerns of disorganization and...
Why Austria Is Struggling to Break Away From Russian Gas
Austria, unlike most European Union countries, is still buying nearly as much natural gas from Russia as it was before the war in Ukraine.
The Economic Fallout From Extreme Heat Will Rise Over Time
Among the costs of very high temperatures: reduced labor productivity, damaged crops, higher mortality rates, trade disruption and dampened investment.
The Russia-Ukraine War Changed This Finland Company Forever
Nokian Tyres of Finland made 80 percent of its tires in Russia, where energy was cheap. After losing billions, it prioritized political security over business...
Eurozone Inflation Slows, but Underlying Price Pressures Persist
The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.
Eurozone Inflation Slows, but Underlying Price Pressures Persist
The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.
In Poorer Countries, Obesity Can Signal Financial Security
A study found that loan officers in Uganda, where information is scarce, were more likely to offer credit to heavier-looking people.
A War-Themed Restaurant in Ukraine Finds New Resonance
A restaurant that celebrates Ukraine’s struggles in earlier wars is finding a second life in this one.
U.K. Moves to Use Frozen Russian Assets to Help Ukraine Rebuild
The government’s announcement follows a pledge made by Group of 7 nations at their annual gathering last month to freeze Russian assets until Moscow pays...