Japan's economy suddenly went into recession: the historical fall of the yen undermined the country's recovery from the pandemic. The economy is now in a vulnerable position, given the risks of a global recession, rising inflation and the threat of new anti-COVID measures
The US Department of Commerce recognized Russia as a “country with a non-market economy”, explaining this by “large-scale state intervention in economic processes.” The change in status may affect exporters from the Russian Federation, who will face an increase in anti-dumping duties.
Shares of social networks are rapidly falling, the main market players are massively laying off employees. Elon Musk talks about the possible bankruptcy of Twitter. The situation is explained by a number of reasons - from problems with monetization to political pressure.
In the United States, the House of Representatives and a third of the Senate are re-elected. Republicans are likely to win a majority in the lower house and can expect to win in the Senate. We figure out how a change in the balance of political forces will affect the economy and the US stock market.
Before the 20th Congress of the Communist Party of China, which is important for China, the US authorities announced a ban on the export of semiconductor technologies to China, which should slow down the development of advanced industries in the country. It is the struggle in the technological arena that will reveal the world leader of the future.
Recession in the US is almost certain in the next 12 months, according to updated forecasts, despite President Joe Biden’s claims that the country will be able to avoid stagnation and that “any recession will be very small”