Elon Musk Reportedly Spoke with Putin Before Proposing Peace Talks to Avoid World War III

"Elon Musk reportedly met privately with Russian President Vladimir Putin two weeks ago to discuss peace negotiations to avoid nuclear war. Musk told Bremmer that Putin said he was ‘prepared to negotiate’ under the conditions that Crimea remains under Russian control, that Ukraine remained neutral, and that Russia’s annexations of Luhansk, Donetsk, Kherson, and Zaporizhzhia were enforced." TP

 

A Reeling Europe Lashes Out At The Fed For "Bringing Us To A World Recession"

"As a result of the Fed's relentless tightening blitz, which on November 2 will have hiked rates
by 75bps on four occasions in just 96 trading days, the fastest tightening campaign since Volcker, both US capital markets (the S&P 500 is down -24%, for the 4th worst year on record...... the 27-member EU bloc, lashed out all too publicly at the Fed when he said that central banks (across Europe where the recession will be far, far worse than in the US) are being forced to follow the Fed’s multiple rate rises to prevent their currencies from slumping against the dollar, and compared the US central bank’s influence to Germany’s dominance of European monetary policy before the creation of the euro....“Everybody has to follow, because otherwise their currency will be [devalued],” Borrell said to an audience of EU ambassadors, the FT reported. “Everybody is running to increase interest rates, this will bring us to a world recession.”

The comments which the FT defined as "unguarded".....Borell's warnings come as the World Bank and IMF kick off a week of joint meetings in Washington, where officials will discuss the multiple threats to the global economy." ZH