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Economy Watch
How the global economy is affecting Americans.
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Most recent stories in Economy Watch
- ▫️ Russia has $100 million in foreign debt payments due Sunday night, as a 30-day grace period ends. ▫️If bondholders don't receive payment on time, Russia will see its first default since 1998. ▫️La …
After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires. - The Bank of England governor has blamed the war in Ukraine for the highest inflation in the UK for three decades and warned that “apocalyptic” food prices caused by Russia’s invasion could have a disa …
- Over the past few weeks, many employers started scrambling to tighten their budgets due to rising inflation, rumblings of a looming recession and swings in the crypto market. Tech giants like Uber and …
- Chronic poverty in the developing world can seem like an insoluble problem. But a long-term study from Bangladesh co-authored by an MIT economist presents a very different picture: When rural poor peo …
Despite repeated official denials, the democratic world’s joint efforts are doing increasing damage to the Russian economy.
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