Smaller trade surplus will keep ruble low this year

Western sanctions are having an impact on Russia’s economy, through the contracting trade surplus and weaker ruble

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Striking Los Angeles workers may drive hard bargains

A one-day strike by public-sector workers in Los Angeles yesterday added to the city's labour problems

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EU and US office vacancy rate from 2008 until 2023

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Low unemployment in Russia is not a sign of resilience in the face of sanctions but a matter for considerable concern

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Perceptions that the US does not manufacture or exports much anymore are wrong and risk distorting trade policy

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‘Tourism’ and ‘residence’ are the main motivations, cited by Colombians, for leaving the country.

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The long-term downward trend in euro-area and US productivity gains is worrying for future GDP growth prospects

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Share of US workforce in selected services, 1939-2023, %

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