October confirmed how fragile the global recovery remains.

In Canada, a rate cut accompanied easing inflation, yet trade frictions linger. The United States continues to grow despite record debt and another budget standoff.

Across Europe, monetary stability is sustained through rising fiscal efforts, while the United Kingdom struggles to revive growth without reigniting inflation.

In China, industrial output keeps growth afloat despite deflation and a deepening property crisis.

Meanwhile, a sharp decline in oil prices reflects both global oversupply and geopolitical strains that continue to reshape the world’s economic balance.