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In an effort to prop up prices, officials have signaled a willingness to endure reduced profits rather than cut production, as they did to their later regret in the early 1980s. Read entire story.
Source: NYT > World
Source: U.N. World Population Prospects 2022 Young populations are those in which at least a quarter of the population is under age 15. In old populations, at least a quarter of the population is 65 or older. The world’s demographics have already been transformed. Europe is shrinking. China is shrinking, with India, a much younger […]
To get the economy back on track, China is trying to champion its domestic companies and reassure entrepreneurs that it’s ready for business. Its efforts are running into a problem: an online army of Chinese nationalists who have taken it upon themselves to punish perceived insults to the country — including from some of China’s […]
USA TODAYJordan threatens revenge for gruesome killing of pilotUSA TODAYJordan threatened a harsh response after a video released online Tuesday purportedly shows a captured Jordanian pilot being burned to death by the Islamic State extremist group. The gruesome video comes after a week-long drama over a possible …Jordan Vows …