United States

Another powerful businessman declared that we are facing a recession. This time, it is the most powerful of them all: Tesla and Space X CEO Elon Musk.

Next month, Americans will be called to vote in the Midterm elections. The Republican Party might use this as an opportunity to remove support from Biden’s Ukraine aids. Or not.

US Secretary of State is worried that China will invade Taiwan very soon. The US have already said they would support Taiwan, but how close are we to actual war?

Having lost the original enthusiasm, G7 nations might not be keen anymore in putting a price cap on Russian oil. Opposition came also from outside the G7 member states.

US President Joe Biden talks again about the possibility of a nuclear armageddon, this time trying to express that he doesn’t think will happen.

OPEC, the oil exporters organization controlled by Saudi Arabia, decided to cut oil production hence increasing prices. A massive blow for both Europe and the United States.

OPEC might decide to cut oil exports, exacerbating a crisis that already saw the highest inflation in 40 years. Winter will be very cold this year.

This afternoon, Putin officially annexed Ukraine’s occupied regions into Russia. US President Joe Biden swiftly responded with new sanctions.

After the Euro and the Pound, it is the turn of the Yuan to lose value at the gain of the US Dollar. A global trend that is beyond the reach of any central bank’s actions.

On Wednesday, the US Federal Reserve raised the interest rate for the third consecutive time. While many think it’s the right decision, a recession could probably be looming.