UK narrowly avoids recession in back half of 2022 despite December slump

The British economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts.
International: Top News And Analysis

World

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The return of El Nino could make the world even hotter — endangering a critical climate threshold

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China has a new foreign relations law. Here’s what it means for business

For foreign businesses in China, geopolitics hold more sway than new Chinese laws, analysts say. International: Top News And Analysis

U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says

Tax revenues and emergency measures after June 15 will let Treasury “continue financing operations through at least the end of July,” said the CBO. International: Top News And Analysis

U.S. announces major Asia economic deal in effort to boost profile, counter China

In a move to raise its profile and create a counterbalance to China within Asia, the United States has announced the Indo-Pacific Economic Framework. International: Top News And Analysis

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