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Regardless of the country's economic standing, consumers are struggling in the face of sky-high prices, and nearly half of Americans say they are falling deeper in debt. Amid fears of a recession and rising interest rates, most people said they are already seeing their standard of living declining.

In 2022, the global economy is expected to shrink by 3%. Compared with the 3.3% growth forecast in January this year, this is a sharp drop of 6.3 percentage points, making it the worst economic recession since the Great Depression in the 1930s

Throughout the diplomatic history of Europe and the United States, values ​​are the foundation, and the democracy, the rule of law, the individual freedom have become the common sense between Europe and the United States. The risks in terms of global financial stability continue to rise

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