A Chinese construction site in Lagos, Nigeria. Beijing has less money in foreign reserves to pump into big projects in developing countries.Credit...Joe Penney/Reuters HONG KONG — As markets around the world have churned, China has long taken comfort in having what in the financial world amounts to a life preserver: its vast holdings of other countries’ money. A year and a half ago, China held as
Prime Minister Shinzo Abe, left, with Shigeru Ishiba, the state minister in charge of revitalizing local economies, in Parliament on Wednesday.Credit...Kazuhiro Nogi/Agence France-Presse — Getty Images TOKYO — Is this the end of Abenomics? And if so, why did it fail? These are the questions being asked in a shellshocked Japan just days after government accountants announced that the economy, which
Suspicions Run Deep in Iraq That C.I.A. and the Islamic State Are United BAGHDAD — The United States has conducted an escalating campaign of deadly airstrikes against the extremists of the Islamic State for more than a month. But that appears to have done little to tamp down the conspiracy theories still circulating from the streets of Baghdad to the highest levels of Iraqi government that the C.I
This map released by Malaysian officials shows two red lines representing the possible locations from which Flight 370 sent its last hourly transmission to a satellite at 8:11 a.m. on March 8, more than seven hours after it took off from Kuala Lumpur's airport, and when the plane would most likely have been running low on fuel.Credit...Office of the Prime Minister of Malaysia Investigators have al
The Syrian rebels posed casually, standing over their prisoners with firearms pointed down at the shirtless and terrified men. The prisoners, seven in all, were captured Syrian soldiers. Five were trussed, their backs marked with red welts. They kept their faces pressed to the dirt as the rebels’ commander recited a bitter revolutionary verse. “For fifty years, they are companions to corruption,”
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