European Central Bank President Christine Lagarde will step down from her post several months early, in order to have more "freedom to engage on matters that are not monetary policy." The comments will fuel speculation about her future plans, ahead of a presidential election in her native France. The resignation also sparks a succession race, as Europe faces a turbulent fiscal future. Also in the show - oil giant TotalEnergies reports record profits as the EU warns on household energy bills.

The economy is the number one issue for most American voters, as they worry about high food and energy costs. But can the results of November's midterm elections really impact the cost-of-living crisis? "There isn't a ton that anyone can do about it, regardless of who wins the midterms," says Greg Ip, chief economics commentator at The Wall Street Journal.

As winter approaches, the price of European natural gas has topped €100 per megawatt hour, its highest level since 2022. The EU says it's not worried about supplies, although its storage facilities are only 72 percent full, but warns households of a "difficult" season to come. Also in the show: the UK government tries to cushion the impact of high energy bills, and 200 passengers are stranded in Cambodia after their multi-year cruise was cancelled because of high fuel costs.