There’s buyer’s remorse over that late-night online shopping spree, and then there’s another level of buyer’s remorse entirely (to the tune of $1 trillion)—the latter is what China is experiencing right now as it tries to salvage its troubled Belt and Road infrastructure initiative.

The British economy is experiencing some serious turbulence—or an omnishambles, they might say across the pond—as investors give a big thumbs down to the UK government’s new fiscal plan.

Russia’s decision to mobilize its military reserves for the first time since WWII has triggered a crisis in the country, as protests erupt and men flee to countries still welcoming Russians.  

Russian-installed leaders in the occupied Eastern Ukrainian provinces of Luhansk, Donetsk, Kherson, and Zaporizhzhia announced plans for referendums to officially join Russia.

Ukraine’s war efforts have garnered positive results recently, but the same can’t be said for the country’s economic prospects. 

Ten million more people are being subjected to slavery worldwide today than in 2016, with the private sector accounting for the majority of exploitation, per BNN Bloomberg.

Ukrainian forces broke a months-long stalemate and seized thousands of square kilometres of territory in the northeastern part of the country over the weekend.

Why it matters: The rapid advance is the first significant progress made by either side in recent months and represents a major setback for Russia.

It’s the first day on the job for the UK’s new prime minister, but we’ll be bold and assume there are no swag bag pick-ups or icebreaker activities on the docket this morning.  

What happened: Liz Truss has formally taken over as the country’s leader after winning 57% of the vote for Conservative Party leadership, a job previously held by Boris Johnson.

If you’re planning to buy an iPad any time soon, you may want to act fast. The Chinese manufacturing hub of Chengdu (where most of Apple’s tablets are made) is locking down to contain a COVID outbreak, threatening to disrupt supply chains around the world. 

What’s that scary-looking chart of European energy prices? Well, it shows you exactly why officials are looking to implement sweeping changes to lower the region’s electricity prices.