October 25, 2022
Polls show US voters rank the economy as their No. 1 issue ahead of the Nov. 8 midterms. Many blame Democrats for today’s inflationary pressures despite a bid by the White House to dub increased prices at the pump as “Putin’s price hike.” But even before the Russian invasion of Ukraine sent global supply chains into a tizzy, Biden’s disapproval rating was way higher than he would’ve liked. We track the correlation between it and US gas prices since the beginning of the year.
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In his latest Quick Take, Ian Bremmer warns the blockade of the Strait of Hormuz is deepening into a prolonged global crisis, with rising economic and geopolitical costs and little sign of progress in US-Iran negotiations.
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Trump wants a win in Cuba. But between a defiant regime, weak opposition, and Cuban Americans with high expectations, a quick fix is harder than it sounds.
Just as world commemorates the 40th anniversary of the Chernobyl disaster, countries in Asia and Africa are increasingly turning to nuclear power to compensate for the energy shortages caused by the blockades around the Strait of Hormuz.
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