Panelists discuss the economic consequences of the Russian invasion of Ukraine, the use of sanctions by the United States and other countries, and the rates of inflation around the world. The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their implications for U.S. policy. This series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies and is dedicated to the life and work of the distinguished economist Martin Feldstein.