American inflation, Europe’s energy crisis, and China’s zero-covid policy are still enormous problems           A surge of optimism is running through financial markets. For most of the year, America’s high inflation has proved troublingly persistent, Europe’s energy crisis has threatened covid-19 lockdowns and a property bust has plagued a deep recession and China’s economy. Investors are now cheering developments on all three fronts. America’s annual inflation fell from 8.2% to 7.7% in October. Europe’s natural-gas prices are down by two-thirds from their peak in August. China has loosened some restrictions associated with its “zero-covid” policy and on November 11th unveiled measures to ease the financial pressure on embattled property developers. This flurry of news has sent global stocks up by 13% since mid-October, as traders priced in fewer interest-rate rises by central banks and caused the dollar to fall.            Alas, investors are getting ahead of themselves. America’s inflation is coming down because pandemic-related disruptions to supply chains are dissipating. A year ago dozens of ships were anchored outside Los Angeles waiting to be unloaded, and semiconductors

          The creative economy is evolving concept that interplays between human creativity and ideas and intellectual property, knowledge, and technology. Including, the creative economy covers the knowledge-based economic activities upon which the creative industries are based. These industries comprise advertising, architecture, arts and crafts, design, fashion, film, video, photography, music, performing arts, publishing, research and development, software, computer games, electronic publishing, and TV/radio. Furthermore, the creative industries are the most dynamic sector in the world economy, because this sector provided new opportunities for developing countries to cross into emerging high-growth areas of the world economy.           The data show that the creative industries are not a rapidly growing sector of the world economy only, but also generate revenues, jobs, and exports. This sector contributes over 6.1% to global GDP, an average between 2% and 7% of the national GDP around the world. From the data of the UN estimate, these industries generate annual revenues of over 2 trillion dollars and provide jobs for people worldwide of almost 50 million. Global trade in

            Jeremy Hunt outlined a £55 billion ($65 billion) package of tax rises and spending cuts for the UK to plug a hole in the nation’s finances and restore confidence among investors.          The Chancellor of the Exchequer hit the wealthy with higher taxes on wages and dividends and extended a windfall tax on oil and gas companies, telling the House of Commons on Thursday that he was prioritizing “stability, growth, and public services.”                “We take difficult decisions to tackle inflation and keep mortgage rates down,” Hunt told lawmakers as he unveiled his Autumn Statement — a budget in all but name. “But our plan also leads to a shallower downturn; lower energy bills; higher long-term growth; and a stronger NHS and education system.”              Prime Minister Rishi Sunak’s government is pushing through the measures to restore confidence among investors in Britain’s ability to pay its way after a disastrous experiment with deep tax cuts by his predecessor, Liz Truss.

          The COVID-19 pandemic has affected the world economy, especially the export-import sector affected by the COVID-19 curb and lockdown. After that, some countries have eased with the COVID-19 curb and the economy is recovering, but unfortunately, at the beginning of this year Russia attacked Ukraine, hence western nations sanctioned financial of Russia, then Russia responded by stopping the supply of gas and oil to western nations. Moreover, this year every country has faced a hike inflation rate which is the main factor of economic growth. All of these actions have affected the world economy.           The economic outlook for 2022 in Southeast Asia, The Asian Development Bank (ADB) reported that the 2022 growth projection for Southeast Asia is 5.1% from 4.9%, as consumer spending in Indonesia, Myanmar, and the Philippines enlarged after the government has eased with the COVID-19 curb and opened borders. However, growth projections in Laos, Singapore, Thailand, and Timor-Leste have transitioned downward the causes of weaker external demand from major economies, for Brunei, Cambodia, Malaysia, and Vietnam the