Our Economy and the World Issue 346

10-12-2023

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: Russia’s Putin, Saudi crown prince discuss further OPEC+ cooperation in whirlwind visit
  • Reuters: German industrial orders fall unexpectedly in October
  • CNBC: Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
  • Reuters: Weak US third-quarter unit labor costs point to slowing inflation

Special Analysis 

  • World Bank: World Development Report: Migrants, Refugees and Societies

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil falls 4% as build in gasoline stocks fuel demand concerns
  • AP: Asian shares surge as weak US jobs data back hopes for an end to rate hikes