THE UK’S GLOOMY ECONOMIC SITUATION

  1. Annual inflation is running above 10% due to food and fuel prices leap.The Bank of England anticipates that inflation will jump to 13% as the energy crisis intensifies. Citigroup estimates inflation in the United Kingdom could peak at 18% in early 2023, while Goldman Sachs warns in could reach 22% if natural gas prices remain elevated at current levels.
  2. Frustration over the rising cost of living has compelled hundreds of thousands of workers who staff ports, trains and mailrooms to go on strike.

SCENARIOS FOR A POST-PUTIN RUSSIA

A Dystopian Future for Russia

ABOUT TRUMPISM

Trumpism is a term for the political ideologies, social emotions, style of governance, political movement, and set of mechanisms for acquiring and keeping control of power associated with Donald Trump and his political base. Trumpists and Trumpian are terms used to refer to those exhibiting characteristics of Trumpism, whereas political supporters of Trump are known as Trumpers.

FOUR WAYS THE WAR IN UKRAINE MIGHT END

Authors: Barry Pavel, senior vice president and director of the Atlantic Council’s Scowcroft Center for Strategy and Security, Peter Engelke, deputy director and a senior fellow, Jeffrey Cimmino, associate director.

Scenario 1: Miracle on the Dnipro 

LATEST INFLATION RATES IN THE EU

Source: Eurostat (based on latest estimates available July 2022)

GDP GROWTH FORECAST 2023

  1. Ireland: 4,0%
  2. Malta: 3,8%
  3. Croatia: 2,9%
  4. Romania: 2,9%
  5. Slovakia: 2,7%
  6. Lithuania: 2,5%
  7. Greece: 2,4%
  8. Bulgaria: 2,3%
  9. Latvia: 2,2%
  10. Cyprus: 2,1%
  11. Spain: 2,1%
  12. Hungary: 2,1%
  13. Luxembourg: 2,1%
  14. Czech Republic: 2,0%
  15. Estonia: 1,9%
  16. Portugal: 1,9%
  17. Austria: 1,5%
  18. Poland: 1,5%
  19. France: 1,4%
  20. Belgium: 1,3%
  21. Germany: 1,3%
  22. Denmark: 1,2%
  23. Finland: 1,2%
  24. Netherlands: 1,0%
  25. Slovenia: 1,0%

IMPLICATIONS FROM A RUSSIAN GAS CUT-OFF FOR THE EURO AREA

  1. A full cut-off from Russian gas would cause gas rationing in early-2023, triggering a recession in the euro area. Only if overall gas consumption of households and firms can be reduced; and concerted action among EU members will help mitigate adverse effects of a cut-off of Russian gas.
  2. Two of the largest euro area economies, Germany, and Italy, remain the most vulnerable.

THE USE OF AI IN MANUFACTURING

TIPS ON INFLUENCING THE EUROPEAN COMMISSION

Author: Xavier Prats Monné, former director general of DG SANTE

PRESIDENT BIDEN’S REBUKE OF REPUBLICANS AND TRUMP

  1. Make America Great Again (MAGA) Republicans embrace anger, they thrive on chaos. They live not in the light of truth but in the shadow of lies. Trump and his followers are threatening the entire American experiment. 

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