US Fed, Israel-Hamas, Germany vs Japan: The global events wrap, in charts

In the latest monthly update on key global events, we explain what's going on with the US monetary policy ahead of the next review this week, why Germany is likely to surpass Japan as the world's third-largest economy soon, and what has shaped the sharp recovery of Pakistan's rupee in recent weeks. This monthly feature by Plain Facts uses charts and analysis to illustrate how each story is creating ripples at the global level, where it is headed in the coming weeks, and how it could possibly impact India. 1. Staying put After hiking the benchmark interest rate sharply over…