Our Economy and the World Issue 321

04-06-2023

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • AP: House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate
  • Reuters: China’s factory activity falls faster than expected as recovery stumbles
  • Bloomberg: ECB warns rate hikes are putting market stability at risk
  • Bloomberg: French inflation slows to weakest in a year but Italy overshoots

Eye on Egypt

  • Dcode: Decoding Egypt’s external debt

Special Analysis 

  • World Bank: Food Security Update – World Bank Response to Rising Food Insecurity

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil falls on weak China data, stronger U.S. dollar
  • Reuters: European stocks hit two-month low on weak China data, log monthly drop