Articles written by Paul Wiseman & Kelvin Chan

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  • 'Bad situation': Soaring US dollar spreads pain worldwide

    PAUL WISEMAN and KELVIN CHAN|Oct 19, 2022

    The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money. Gamal, 28, stayed behind, working two jobs, sharing an apartment with other young people and eliminating meat from his diet. "The prices of everything have been doubled," he said. "There was no alternative.'' Around the world, people are sharing Gamal's pain and frustration. An auto parts dealer in Nairobi, a seller of baby clothes...

  • Cease-fire in US-China trade war doesn't bridge differences

    PAUL WISEMAN and KELVIN CHAN|Jun 30, 2019

    WASHINGTON (AP) — Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy. But when U.S. and Chinese negotiators sit down to work out details, the same difficult task remains: getting China to convince the United States that it will curb its aggressive push to challenge American technological dominance — and then to liv...