The main events by the morning: October 22

• Trump can become president even after losing the election. Some officials, congressmen and political experts believe that Trump has several ways to achieve power in the event of defeat in the upcoming elections: alternative electors, courts and pressure on local state authorities.

• The new package of EU sanctions will hit Russia's LNG next year. They cannot accept it now — Hungary has a mandate in the EU Council, so tough decisions will be blocked by it, but in January the mandate will pass to Poland. The sanctions will tighten existing restrictions, as well as strengthen control over their implementation.

• Elon Musk warns about the risk of US bankruptcy. In a comment to a post on the social network «X», he noted that if measures are not taken to significantly reduce government spending, the United States may find itself in a situation of actual bankruptcy, like a person overloaded with debt.

• China became the main buyer of Russian gas in 2024. In the first nine months, Gazprom supplied 23.7 billion cubic meters of natural gas to China – 40% more than last year. 22.5 billion cubic meters were exported to Europe. As early as December, supplies may reach the level predicted only for the beginning of 2025.

• Europe is preparing for a trade war with the United States if Donald Trump returns to the White House. The European Union is developing a plan to impose import duties on a number of American goods if Trump wins the election. This plan of Brussels is largely motivated by the events of 2018, when Trump unexpectedly imposed duties on steel and aluminum from Europe.