China’s floundering economy is a test for Xi Jinping
When janet yellen visited Beijing this month she did her bit for the local restaurant trade. America’s treasury secretary dined with her team at an establishment known for Yunnanese dishes, which subsequently unveiled a “God of Wealth” menu in her honour. She also hosted a lunch with female entrepreneurs and economists (including a representative of […]
2023 will bring the true test of the West’s oil-war tactics
The west has been trying to cut Russia’s oil-export revenues without causing global prices to spike since February. Both aims are seemingly being achieved at present. Russia exports as much oil as before its invasion of Ukraine, but Urals crude, the main grade it pumps, trades at a 37% discount to Brent, the global benchmark, […]
