Our Economy and the World Issue 330

20-08-2023

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • CNBC: China surprises with rate cuts as economy grapples with ‘confidence crisis’
  • Reuters: Euro zone yields fall as investors pause bond selloff, inflation concerns remain
  • CNBC: UK headline inflation rate drops sharply to 6.8% in July, in line with expectations
  • CNBC: Russian ruble slumps to near 17-month low, briefly moves past 100 against dollar
  • Reuters: India makes first crude oil payment to UAE in Indian rupees

Special Analysis

  • World Bank: Catalyzing Private Investments and Climate Finance to Turn Energy Transition Ambitions to Reality

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil settles lower as China fears, rate hikes counter tight US supply
  • Bloomberg: Asia shares face pressure as US stocks, bonds drop