A trade war spills into the realm of currency, with no end in sight. Source: NYT > Business – Neil Irwin
How China’s Currency Could Become a Trade War Weapon
A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United States. Source: NYT > Business – Keith Bradsher
Russians Pulling Out Credit Cards, and Consumer Debt Spirals
Russians with little experience with debt are relying on easy credit and payday lenders. Now the central bank is trying to cool the lending market. Source: NYT > Business – Andrew E. Kramer
The Labor Market’s Weak Spot: Jobs Making Stuff
Signs that the trade war may be taking a toll, with more trouble ahead. Source: NYT > Business – Neil Irwin
China Wants to Hit Back at Trump. Its Own Economy Stands in the Way.
Beijing’s leaders have increasingly focused on rekindling growth as the trade war drags on and negotiations prove difficult to control or predict. Source: NYT > Business – Alexandra Stevenson
China Wants to Hit Back at Trump. Its Own Economy Stands in the Way.
Beijing’s leaders have increasingly focused on rekindling growth as the trade war drags on and negotiations prove difficult to control or predict. Source: NYT > Business – Alexandra Stevenson