As the global economy stumbles into the fourth quarter, China is increasingly feeling the strain of trade tensions and weak demand at home.

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's vanquished inflation. He argues things have never been better for the American consumer, especially after predecessor Joe Biden's administration.

Democrats are eager to hammer Trump on the economy, where his polling is at its lowest point. But Republicans are confident economic sentiment is about to turn in their favor.

The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.

As the ECB signals a slowdown in monetary easing, the Eurozone faces a complex mix of deflationary pressures, geopolitical uncertainty, and structural challenges.