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The Latest Breaking News from Robin Brooks

China's 'Wartime Cabinet' Is Complete: What Xi Jinping's Loyalists Mean For US Stocks, Investing, Chip Sector, Taiwan

Xi Jinping has been confirmed for a third five-year mandate as Chinese Communist Party general secretary. Were he to complete his third term, he would become the longest-running paramount leader since Mao Zedong.

Benzinga

How Yellen plans to deplete Putin's war funds

Yellen's effort comes as President Joe Biden heads to the Middle East this week.

Politico

Fight against inflation raises spectre of global recession

Analysis: Interest rate cuts show central banks willing to plunge economies into recession to halt price rises

The Guardian - UK

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read the most diverse news in one place.

Biden's burdens grow: Sagging global economy adds to US woes

President Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories

The Independent UK

Rising interest rates in US will hinder foreign economies

When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop with U.S. homebuyers paying more for mortgages or Main Street business owners facing costlier bank loans

The Independent UK

G7 nations reject Vladimir Putin’s demand to pay for Russian energy in roubles

The Group of Seven major economies have agreed to reject Moscow’s demand to pay for energy imports from Russia in roubles, Germany’s energy minister said on Monday.

People

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