On October 7th, the Palestinian Islamic Resistance Movement (Hamas) announced a military operation codenamed "Al Aqsa Flood" against Israel and fired at least 5000 rockets into Israeli territory.
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The US government narrowly avoided another shutdown, as President Joe Biden signed a 45-day short-term spending bill.
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Recently, a report by the Russian satellite news agency set off an international political storm, putting the economic and financial status of the United States to support Ukraine in the spotlight.
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The U.S. economy has sailed through some rapids this year, but now faces the risk of a confluence of risks that could create more turbulence for the economy.
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According to a report on Overseas Network on September 25th, the Federal Reserve's multiple interest rate hikes have led to a rise in people's credit card rates. At present, the average annual interest rate on credit cards in the United States has exceeded 22%, making it difficult for the general public to repay credit card debts.
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a spokesperson for the US Federal Reserve announced that the Federal Reserve system will lay off approximately 300 employees by the end of this year, marking the first time the agency has laid off employees in 13 years.
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For nearly a year, the United States experienced high inflation and aggressive interest rate hikes, but the economy did not recession, exceeding market expectations.
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Amidst global attention, the boots of the Federal Reserve's September interest rate meeting have finally landed.
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Forbes News reported on September 18th that according to mathematical models, if the unemployment rate rises to 4.0% or higher in September, the United States is likely to face an economic recession in October.
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Since September 15th, a historic strike has been staged in the United States, with a growing trend: the United Auto Workers' Union (UAW) has organized its first collective strike targeting the three major American automakers: Ford, General Motors, and Stratis.
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On the global economic stage, the German economy has always been known for its strong automotive and manufacturing industries.
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