Patricia Cohen

User banner image
User avatar
  • Patricia Cohen

Posts

As Debt Piles Up, Countries See Fiscal Relief as Political Leverage

With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.

Europe Is Finally Ready to Spend More on Defense. The Hard Part Is How.

After a yearslong debate over NATO spending, European nations are poised to commit more funds to deter Russia. Now the region must decide how to…

Trump’s E.U. Tariff Threat Could Cause Economic Damage Beyond Europe

A 50 percent tax on European imports would hit the continent hard, hurt the U.S. economy and slow growth globally.

U.A.E. Is Pouring Money Into Africa, Seeking Resources and Power

As the United States and other economic powers reduce their investment, aid and presence in Africa, the United Arab Emirates is wielding its wealth.

The World Is Wooing U.S. Researchers Shunned by Trump

As President Trump guts American research institutions, world leaders see a “once-in-a-century brain gain opportunity.”

Why China Is Investing So Much Money in Moroccan Factories

Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become…

‘People Who Are Salaried Are Crying’: Taxes on Workers Add to Debt Misery

Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s foreign creditors.

Why Trump’s Economic Disruption Will Be Hard to Reverse

The president’s turnover of the economic order has unleashed changes that could prove lasting, because other countries will adjust.

Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade

The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.

Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs

The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff…