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Yesterday — 2 January 2025Main stream

Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies

2 January 2025 at 18:00
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.

© Natalia Kolesnikova/Agence France-Presse — Getty Images

Nearly three years of international sanctions have put a squeeze on Russian consumers.
Before yesterdayMain stream

Xi Jinping, China’s Leader, Nods to Economic Challenges

In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.

© Ju Peng/Xinhua, via Associated Press

China’s top leader, Xi Jinping, said in a New Year’s message that the country’s economy was under pressure.

Putin Declares ‘Everything Will Be Fine’ Despite Russia’s Growing Challenges

1 January 2025 at 02:29
Speaking on the 25th anniversary of his rule, President Vladimir V. Putin delivered an upbeat and vague New Year’s Eve message that did not address casualties in Ukraine or rising inflation at home.

© Pool photo by Mikhail Tereshchenko

President Vladimir V. Putin’s address, given on the eve of Russia’s main public holiday, suggested that Russians’ hopes would easily be realized. “When we are together, everything will come true,” he said.

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

12 November 2024 at 18:04
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.

Another Jolt of Uncertainty for a Global Economy Mired in It

7 November 2024 at 01:08
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
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