Our Economy and the World Issue 291

09-10-2022

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • Bloomberg: EU strikes Russia sanctions compromise, adding oil price cap
  • Bloomberg: OPEC+ agrees on 2 million-barrel-a-day cut to output limit
  • Reuters: U.S. trade deficit lowest in more than a year as imports drop
  • BBC: Chancellor Kwasi Kwarteng to set out debt plan earlier than planned

Special Analysis 

  • UN Department of Economic and Social Affairs: World Economic Situation and Prospects: October 2022 Briefing

Developments in Financial and Commodity Markets in the Past Week

  • CNBC: European markets retreat as rally fades; PMI data points to recession
  • Financial Times: US stocks jump to start new quarter while bond yields slide