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  • Ebola Epidemic Spreading Rapidly And Outpacing Containment Efforts: WHO May 26, 2026 10:52 ET

    The World Health Organization says the Ebola epidemic is spreading rapidly and outpacing containment efforts. There are more than 900 suspected cases of the Bundibugyo strain of Ebola in the Democratic Republic of the Congo, and 220 suspected deaths, the head of the UN health agency, Tedros Ghebreyesus,...

  • US, India Sign Critical Minerals Framework May 26, 2026 09:12 ET

    The United States and India have signed a bilateral framework on securing the supply, mining and processing of critical minerals and rare-earths. The concerned documents were signed by visiting Secretary of State Marco Rubio and Indian External Affairs Minister Subrahmanyam Jaishankar at the Hyderabad...

  • Heavy Rain, Thunderstorms To Continue Across Southern US May 26, 2026 08:25 ET

    National Weather Service has predicted that heavy rain and thunderstorms will continue across much of the Southern U.S. through midweek, raising flash flooding and severe weather concerns. Showers and thunderstorms are expected from Texas to the Northeast through Tuesday. Heavy rain will create mainly...

  • Russia Warns Foreigners, Diplomats To Leave Kyiv As It Prepares For New Attacks May 26, 2026 08:05 ET

    Russia has warned foreign nationals and diplomats to leave Kyiv "as soon as possible" ahead of an imminent attack on the Ukrainian capital. In a statement issued on Tuesday, Russia's foreign ministry said the new round of "systematic strikes" will target "decision-making centres and command posts", alongside drone manufacturing facilities in the city. Kyiv residents have been warned against stay

  • US Attacks Iran Missile Launch Sites And Boats May 26, 2026 07:13 ET

    The U.S. forces have launched fresh attacks targeting Iranian missile sites in southern Iran and boats suspected of preparing to lay mines in the Strait of Hormuz. The U.S. Central Command described the latest round of strikes as defensive actions. "US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces," Centcom spokesperson Ca

  • Right To Strike Protected Under Key Labor Treaty, Says UN World Court May 22, 2026 10:03 ET

    The UN International Court of Justice has ruled that the right to strike is protected under a core International Labour Organization convention, in a landmark advisory opinion settling a long-running dispute between workers and employers worldwide. By 10 votes to four, the UN World Court ruled on...

  • USTR To Host G20 Trade Ministerial In Milwaukee May 22, 2026 09:57 ET

    The Office of the United States Trade Representative will host the G20 Trade Ministerial in Milwaukee, Wisconsin, from September 30 to October 1. "President Trump's tariff program is actively rebalancing global trade, reversing decades of non-market policies and practices to protect American workers...

  • A Wet Memorial Day Weekend In Store For The East May 22, 2026 09:47 ET

    A wet and unsettled Memorial Day weekend is in store for much of the East, while the West remains warm and dry, the National Weather Service said on Friday. Widespread rainfall of 1 to more than 2 inches is expected from the Gulf Coast to southern New England, according to NWS. Well above normal temperatures are forecast to build across the northern Plains. Another round of heavy to excessive r

  • US, India To Broaden Energy Cooperation, Rubio Says Ahead Of India Tour May 22, 2026 09:35 ET

    Ahead of his India tour, U.S. Secretary of State Marco Rubio said that the U.S. government will engage with India to broaden energy cooperation. During May 23-26, Rubio will visit the Indian cities of Kolkata, Agra, Jaipur, and capital New Delhi. The Secretary will discuss energy security, trade, and defense cooperation during meetings with senior Indian officials, the Department of State said

  • UN General Assembly Backs Historic World Court Climate Crisis Ruling May 21, 2026 08:57 ET

    UN General Assembly has adopted a resolution welcoming the advisory opinion of the International Court of Justice on the obligations of States in respect of climate change. The resolution calls on all UN Member States to take all possible steps to avoid causing significant damage to the climate and...

  • US Signs Deals To Provide Counter-Drone Capabilities To Allies May 21, 2026 08:22 ET

    The United States has signed agreements with three allied countries to enable them to procure counter-unmanned aerial system capabilities through the Joint Interagency Task Force 401 drone defense marketplace. Army Secretary Dan Driscoll signed agreements on behalf of the Pentagon with key leaders...

  • FDA Warns Retailers Selling Illegal Tobacco Products Resembling Candy, Cough Drops May 21, 2026 08:14 ET

    The U.S. Food and Drug Administration issued warning letters to eight retailers for selling unauthorized tobacco products, including nicotine pouches and dissolvable tobacco products. The warning letters involve unauthorized tobacco products that have labeling, advertising, and/or design features...

  • Cuba's Raul Castro Indicted Over Shootdown Of US Aircraft May 21, 2026 08:03 ET

    The U.S. Justice Department has announced criminal charges against former Cuban leader Raul Castro, including conspiracy to kill U.S. nationals, over the 1996 shootdown of two U.S. civilian aircraft over international waters between Cuba and Florida. The 94-year-old Castro has been accused of ordering the shoot down of two planes belonging to the Cuban-American group Brothers to the Rescue on Feb

  • Heavy Rainfall Forecast In Southern Plains And Mississippi Valley; Thunderstorms In Colorado May 21, 2026 06:25 ET

    National Weather Service has warned the offset of heavy rainfall from the Southern Plains into the Mississippi Valley Thursday, peaking in intensity over the holiday weekend. Widely scattered thunderstorms are expected to develop across eastern Colorado Thursday afternoon and evening. Large hail...

  • American Citizens Warned Against Travel To Ebola-hit Countries May 20, 2026 09:52 ET

    The U.S. Department of State has issued updated Level 4 travel advisories for all three countries affected by the recent Ebola outbreak. It warned American citizens or permanent residents not travel to the Democratic Republic of the Congo, Uganda, or South Sudan for any reason. Americans have been urged to remain vigilant of CDC guidelines on isolation and quarantine if they are departing the reg

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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