FT News Briefing US midterms countdown: abortion on the ballot
Oct 13, 2022
In the lead-up to the midterm elections, abortion rights are becoming a hot-button issue in Michigan. Voters share how recent Supreme Court decisions are shifting their political affiliations. A state ballot measure aims to protect abortion rights, sparking intense debate among candidates and constituents. Economic concerns are also surfacing, as voters weigh inflation against reproductive rights. Additionally, emerging economies are navigating cheaper Russian oil, which is influencing global dynamics amidst ongoing geopolitical tensions.
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Demand for Russian Oil Rises
- Developing countries are buying more cheap Russian oil due to inflation and a strong dollar.
- China and India lead the way, with others like Sri Lanka also increasing imports.
Russia Escalates Attacks
- Russia escalated attacks on Ukraine after the Crimea bridge attack.
- Putin appointed a hardliner and there's increased talk of tactical nuclear weapons.
Nuclear Weapons Discussion
- Alexander Gabuev believes discussions of nuclear weapons in Moscow are serious.
- He suggests a potential meeting between Biden and Putin, similar to the Cuban Missile Crisis discussions.