Our Economy and the World Issue 287

11-09-2022

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • Bloomberg: China’s Exports to the US Decline While Shipments to Russia Surge
  • Bloomberg: EU to Consider Emergency Power-Use Cuts, Price Caps, Profit Grab
  • BBC: Germany Announces €65bn Package to Curb Soaring Energy Costs
  • Reuters: U.S. Service Sector Keeps Momentum in August; Price Pressures Ease
  • Bloomberg: Yen Plunge Fails to Shift US Treasury Stance on FX Intervention

Special Analysis 

  • World Bank: Food Security Update

Developments in Financial and Commodity Markets in the Past Week

  • CNBC: European Markets Close Lower as Russia Halts Gas Flows; Autos Stocks fall nearly 5%
  • Bloomberg: Oil Slumps Below $85 for First Time Since January on Demand Fear