2022 Week 40 Update

Now that Navaratri has ended, it’s time to start thinking about one of India’s biggest festivals – the festival of lights aka Diwali or Deepavali. I usually tend to go big for this festival with the making of sweets and savouries and so I now need to put on my thinking hat and work out what my menu for this year’s Diwali will be.

Today’s quote does not have a known author but is beautiful in its simplicity. What we are waiting and hoping for will come at unexpected moments. This means that we should not wait for something, when the time is right, the universe knows it and sends what we are waiting for at just the right time.

BB is enjoying his project work and GG is all set for school which will resume very soon. She is also busy working on her university applications and her personal and purpose statements. I hope she gets admission to the university and course of her choice.

But amid all the festivities, according to some of the world’s top business leaders and economic minds, a recession is forthcoming. Central banks around the world have aggressively hiked interest rates in recent months trying to slow down sky-high inflation. While these policies are intended to cool down the economy, they also elevate the risk of a recession. On Tuesday, the United Nations warned of an impending global slowdown that may likely be worse than the financial crisis in 2008 and the COVID-19 shock in 2020. The world’s largest economies, including Europe, China and the United States, were now slowing down, which was dampening demand for exports from emerging and developing countries, already hit hard by high food and energy prices.

So let’s all hunker down and prepare for the world’s recession that is imminent soon and stay safe and happy. See you next week!

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