On the cusp of taking the reins from Angela Merkel, incoming chancellor Olaf Scholz has sent a strong signal about where his government's foreign policy priorities lie. DW has rounded-up the most important points.

The US said it was seeking "security and prosperity" for Palestinians. The dialogue had not been convened since before the election of former President Donald Trump.

Lawmakers in the United States have voted to raise the government's borrowing limit by $2.5 trillion, narrowly avoiding a catastrophic default. The Senate passed the measure 50-49. The new debt ceiling will give the US government enough space to borrow until 2023, after the midterm elections. Focus in Washington will now return to whether President Joe Biden can get his $1.75 trillion social spending plan, "Build Back Better", passed by the end of the year.

The Federal Reserve is paving the way for possible interest rate hikes next year, in an effort to contain stubbornly high inflation. At the conclusion of a two-day policy meeting Wednesday, the central bank announced plans to phase out its large-scale bond-buying program faster than initially planned. The Fed started purchasing bonds during the pandemic as a way to keep borrowing costs across the economy low and to prevent any market disruptions.

Government officials in Bangladesh denounced US sanctions but activists hailed them as a step forward for human rights in the country. The measures were implemented over rights abuses and extrajudicial killings.

The US Commerce Department sanctioned Chinese surveillance and biotechnology companies over rights abuses. The Biden administration expressed concern that US technology could be used in abusing Uyghur people.

Ukrainian President Volodymyr Zelenskyy has urged the European Union to act swiftly, as concern grows over Russia's military buildup on the border to Ukraine. Coming up with a sanctions policy after an invasion would be too late, he said.

Nobody was ever held responsible for strikes that killed thousands of civilians in Afghanistan and the Middle East, a New York Times report has found. A US strike cell routinely sidestepped safety procedures, it found.

US President Joe Biden has unveiled a new plan to tackle his country's COVID-19 emergency. Announcing the measures on his first full day in power, he said drastic action is needed.

A case of whether to uphold a Mississippi law that bans terminations of pregnancy after 15 weeks has made it to the country's highest court. A ruling could see the landmark 1973 'Roe versus Wade' case that legalized abortion overturned.

The court has agreed to hear arguments about the Biden administration's vaccine or testing requirement for large employers, and a separate vaccine mandate for healthcare workers.

The latest polls find a majority of Americans regard the supply chain crisis as a major concern.