China is still in process of economic recovering. US economy recovered, but may hit ceiling soon, since US inflation is too high and may hurt the people's living. High inflation will cause poverty and starving. This will cause fight, riot and unstable of country. So government need to prevent high inflation at all costs. When inflation exceed 6%, people will feel it easily and people will suffer from it. EU economy is still growing, but at slower pace. Middle East is having a good year given high oil prices. Africa is suffering from high food and other goods prices.
Global:
Politics: World is more divided by NATO, Russia-China and other group. Each group is seeking their own interests and conflicts happen between them. So we are having a more fragmented world.
Economy: IMF lowered its forecast on global economy for 2022 and 2023. IMF lowered its economy forecast for global by about 0.4% and 0.7% for 2022 and 2023.
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