Our Economy and the World Issue 302

25-12-2022

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • Bloomberg: German finance chief wants ‘friendshoring’ to avert US trade war
  • BBC: EU nations agree gas price cap to shield consumers
  • Reuters: U.S. current account deficit shrinks in third quarter
  • Bloomberg: European gas prices drop to lowest since June amid LNG influx

Special Analysis 

  • World Bank: 2022 The Year in Review

Developments in Financial and Commodity Markets in the past week

  • CNBC: Dow closes up 500 points, lifted by upbeat earnings, strong consumer confidence data
  • Bloomberg: Asian stocks follow US gains on earnings boost
  • Reuters: U.S. consumer confidence rebounds; existing home sales sink