Our Economy and the World Issue 322

11-06-2023

This week’s issue of  includes:

Key Global and Regional Developments over the Past Week

  • BBC: Rishi Sunak to raise trade issues in US talks with Joe Biden
  • Bloomberg: Australia’s economy cools as aggressive rate hikes take toll
  • Reuters: Bank of Canada hikes rates to 22-year high, more increases expected
  • Reuters: China’s exports plunge by 7.5% in May, far more than expected

Special Analysis 

  • World Bank: Weakening Growth, Financial Risks

Developments in Financial and Commodity Markets in the Past Week

  • AP: Wheat prices jump following collapse of major dam in southern Ukraine
  • CNBC: Dollar edges up against yen as investors wait on inflation data