War in Ukraine: Russian invasion upended markets
The US drive to curb inflation with aggressive rate hikes is reverberating across world markets.
The progress of the Federal Reserve’s tightening policy, and when it will begin to ease off again, is therefore under close scrutiny.
The war in Ukraine, which unfortunately may intensify next year, and China’s battle against Covid will also help to determine the severity of a global recession.
We look at how events might unfold in the world’s