Bank of Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the early 1990s, just before…
Did Ukraine Kill Its Own by Downing a Russian Plane? A Year Later, It Hasn’t Said.
One year has passed since Moscow accused Kyiv of shooting down a Russian military plane carrying dozens of Ukrainian prisoners of war. Ukraine opened an investigation, but has yet to…
Ukraine Sends Volley of Drones at Russia, Hitting Oil Refinery
Ukraine fired a large volley of exploding drones at Russia on Friday, according to Ukrainian officials and the Russian military, in a barrage that set an oil refinery and pumping…
Opinion | China Will Be Thrilled if Trump Kills America’s Green Economy
In its heyday in the mid-20th century, the steel mill in Weirton, W.Va., employed 13,000 people and offered workers a relatively stable blue-collar life. In 2003, Weirton Steel filed for…
Thailand Starts Recognizing Same-Sex Marriage
Twelve years ago, the Thai couple headed to the marriage registrar’s office to take part in a mass wedding ceremony on Valentine’s Day in Bangkok. Rungtiwa Thangkanopast wore a long…
Trump tells Putin to end ‘ridiculous war’ in Ukraine or face new sanctions
Donald Trump has warned he will impose high tariffs and further sanctions on Russia if Vladimir Putin fails to end the war in Ukraine. Writing on his social media platform…
Canada says it can help the US achieve its ‘golden age’
15 hours ago Jessica Murphy & Nadine Yousif BBC News, Toronto Reuters Facing a looming tariff war with the US, Prime Minister Justin Trudeau has threatened the stick – now,…
South Korea Tells Budget Airlines to Tighten Safety After Crash
South Korea has told its low-cost carriers to prioritize safety over profit after the deadly crash of a Jeju Air plane in South Korea last month, in an effort to…
Mexico’s Ambitious Plan to Prepare to Receive Its Citizens Deported From the US
Mexico’s plan to receive thousands of its deported citizens from the United States is nothing short of ambitious. Plans are underway to build nine reception centers along the border —…
How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector | naked capitalism
Yves here. A fashionista colleague has been telling me for some time that luxury brands have been in the crapper for some time, confirmed by occasional stories at the Financial…