As European leaders were warning of sabotage to the Nord Stream 1 and 2 pipelines, Poland and Norway inaugurated a new conduit that will reduce dependence on Russian gas. The move underscores the urgency of EU economies' search for new energy sources. Also in the show: our Berlin correspondents Nick Spicer and Anne Mailliet report on the German businesses being forced to close because of high energy costs, and the pound sterling stabilises a day after historic losses.

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential rate hike. Also in this edition, we see why the World Bank has lowered its growth forecast for the Chinese economy. Plus, we head to Spain, where local communities are joining forces to invest in solar energy.

At the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt. Meloni has promised to renegotiate her country's share of the EU recovery fund, leading to a likely showdown with Brussels. We also take a look at the reasons for the dramatic drop of the British pound against the US dollar. Plus, we take a closer look at French energy giant TotalEnergies's latest investment in Qatar.

Boeing is set to pay $200 million to settle charges from the US Securities and Exchange Commission that the aviation giant misled investors over safety concerns surrounding the 737 MAX amid two deadly crashes in 2018 and 2019. Also, the UK prepares to unveil a "mini-budget" of measures aimed at boosting growth and fighting inflation, while electric car giant Tesla is ordered to recall 1.1 million vehicles in the US.

The Bank of England has warned that the UK economy may already be in recession, as it hikes interest rates for the seventh time to combat the spiralling pace of price rises. Inflation is still hovering nearly 40-year highs at just under 10 percent. Meanwhile, Turkey's central bank continues its unorthodox monetary policy, lowering interest rates despite inflation topping 80 percent. Also in the show, French President Emmanuel Macron inaugurates the country's first offshore wind farm.

Many central banks around the world are following the lead of the US Federal Reserve and raising their benchmark interest rates in order to rein in inflation. The Bank of Japan, however, is marching to the beat of its own drum. At a policy meeting this Thursday, the bank maintained its ultra-loose monetary policy in a bid to spur more internal demand. Meanwhile, the yen and many other currencies continue to fall against the dollar.

The US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs. Also in the show: the German government nationalises gas giant Uniper, and our Tunis correspondents Lilia Blaise and Fadil Aliriza report on food shortages in Tunisian shops.

Sweden's Riksbank has kicked off what's expected to be a series of interest rate hikes around the world, as central banks struggle to curb inflation. The 100 basis point hike is Sweden's biggest in three decades, in response to a cost-of-living crisis that's affecting households and businesses. Also in the show, FRANCE 24's Soukaina Skalli and Julien Sauvaget meet undocumented workers of France's gig economy, who say they're not longer able to work for delivery services like Uber Eats.

US President Joe Biden's claim in a TV interview that "the pandemic is over" has triggered a sell-off, wiping over $10 billion off the market value of the main Covid-19 vaccine makers. Investors are worried about public apathy towards Covid and the resulting impact on demand for vaccines and boosters. Also in this update, we take a look at the highly awaited Porsche IPO, as well as leaked footage from an upcoming instalment of iconic video game franchise Grand Theft Auto.

Travellers face a difficult day after the largest union of air traffic controllers called for a 24-hour strike in France. About half of scheduled connections in and out of the country have been grounded. Low-cost airline Ryanair called for EU action as it had to cancel hundreds of flights, which it said were affecting 80,000 passengers, mainly those flying over France. Plus, Britain's antitrust authority is looking into whether Microsoft's planned takeover of gamemaker Activision Blizzard may stifle competition in the industry.