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  • Trump Warns Iran 'clock Is Ticking' May 18, 2026 08:03 ET

    President Donald Trump has renewed the threat to resume military attacks against Iran by saying that the regime is running out of time to reach an agreement in line with what the United States proposed. "For Iran, the clock is ticking, and they better get moving, fast, or there won't be anything left of them," Trump wrote on Truth Social platform on Sunday, as Middle East peace talks remained stal

  • Ebola Outbreak In Central Africa Declared International Emergency May 18, 2026 08:00 ET

    The World Health Organization has declared the ongoing Ebola outbreak in Central Africa a Public Health Emergency of International Concern, citing rising cases, cross-border spread and significant uncertainties about the scale of the epidemic. The decision, announced by WHO Director-General Tedros Ghebreyesus on Sunday, follows reports of both confirmed and suspected infections linked to the Bund

  • US Attacks Crippled Iran's Military, CENTCOM Chief Tells Senate Panel May 15, 2026 10:33 ET

    The head of the U.S. Central Command has told a Congressional panel that the American military forces have crippled Iran's military and its ability to project power with lethal strikes during the Middle East war. Adm. Brad Cooper, CENTCOM commander, testified before the Senate Armed Services Committee in Washington as part of hearings related to force posture in the region and the command's porti

  • Salmonella Outbreaks Linked To Backyard Poultry Sickens 150 More May 15, 2026 10:26 ET

    Salmonella outbreaks linked to backyard poultry across 18 new states in the U.S. have sickened 150 more people. With this, the total count of infections rose to to 184, Centers for Disease Control and Prevention said. This includes 53 hospitalizations and one death in a person from Washington state. Over...

  • 41 People In US Under Monitoring With High Risk Hantavirus Exposure: CDC May 15, 2026 08:58 ET

    The Centers for Disease Control and Prevention has said that currently 41 people across the U.S. are under monitoring for suspected hantavirus infection. They include passengers who were recently repatriated from the hantavirus-hit cruise ship MV Hondius in Tenerife, and are now in ASPR Regional Emerging...

  • US Removes Highly Enriched Uranium From Venezuela's Closed Reactor May 15, 2026 08:00 ET

    The United States announced that in partnership with Venezuela and the United Kingdom and with technical support from the International Atomic Energy Agency, it has successfully removed excess highly enriched uranium from Venezuela's shuttered RV-1 research reactor. The RV-1 was the country's first and only nuclear reactor, originally built for peaceful scientific research and later repurposed

  • Trump Says China Agreed To Buy Oil From US May 15, 2026 07:58 ET

    President Donald Trump says China has agreed to buy oil from the United States amid disruptions in oil transit through the Strait of Hormuz. "We're going to start sending Chinese ships to Texas and to Louisiana and to Alaska," he said in an interview with Fox News ahead of concluding his state visit to China. "It's the one thing they really need - energy. We have unlimited energy," the president

  • Europe-wide Travel Booking And Train Travel To Be Simplified May 14, 2026 10:03 ET

    The European Commission has proposed new rules to make seamless travel across Europe a reality. The three proposals adopted Wednesday simplify planning and booking for regional, long-distance and cross-border travel, particularly for rail journeys involving multiple operators, and ensure better protection...

  • FAA To Invest $16.5 Mln To Improve Airport Safety May 14, 2026 09:58 ET

    The Federal Aviation Administration has announced that it is investing $16.5 million for improving airport safety in the country. With the funds, FAA plans to equip all its airport vehicles with transponders that help air traffic controllers identify and track them on runways and taxiways. The FAA...

  • Neo-Nazi Cult Leader Jailed For Planning Mass Attack In New York May 14, 2026 08:00 ET

    A leader of the Eastern European neo-Nazi group Maniac Murder Cult, Michail Chkhikvishvili, has been sentenced to 15 years in prison for soliciting hate crimes and planning mass casualty attack in New York City. Chkhikvishvili, a Georgian national also known as "Commander Butcher," was sentenced by...

  • Shakira, Madonna And BTS To Perform At World Cup Final Halftime Show May 14, 2026 07:42 ET

    Music superstars Shakira, Madonna and K-pop band BTS will perform at the World Cup foorball championship final's halftime show in July. This was announced by FIFA in an Instagram post on Thursday. "The world's biggest stage. An even bigger purpose. On July 19, the FIFA World Cup 2026 Final Halftime Show is coming to New York New Jersey Stadium, featuring superstars @madonna , @shakira , and @bts

  • Trump Describes Talks With Chinese President As 'great' May 14, 2026 06:48 ET

    President Donald Trump has described the talks with his Chinese counterpart Xi Jinping as "great". Trump's response to reporters' questions after a nearly two-hour long high-stakes meeting at the Great Hall of the People in Beijing on Thursday was limited. The White House said "The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy." U.S. media repor

  • Phase One Overhaul Of Critical 'Pilot Alert System' Completed Ahead Of Schedule May 13, 2026 08:49 ET

    U.S. Transportation Secretary Sean P. Duffy has announced that the Federal Aviation Administration has successfully implemented phase one of an overhaul of the "Notices to Airmen (NOTAM)" system. This system — which is decades old — is essential to facilitating air travel because it provides pilots with...

  • Singapore Shipping Company Indicted Over Deadly US Bridge Collapse May 13, 2026 08:38 ET

    A U.S. Federal court has indicted Singapore-based ship management company Synergy Marine over the deadly collapse of the Francis Scott Key Bridge in Maryland two years ago. Prosecutors filed criminal charges against Synergy Marine Private Ltd. based in Singapore, and Synergy Maritime private Ltd,...

  • FDA Takes Decisive Actions Focused On Food Chemical Safety May 13, 2026 07:49 ET

    The U.S. Food and Drug Administration on Tuesday took two decisive actions focused on food chemical safety. First, the agency finalized its new proactive food chemical safety post-market assessment program. Second, the FDA launched reassessments of butylated hydroxytoluene (BHT) and azodicarbonamide...

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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