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  • US Sanctions Iranian Shadow Fleet, Oil-for-Gold Terror Financing Network April 16, 2026 08:47 ET

    The U.S. Government has intensified pressure on Iran's illicit oil transportation infrastructure by sanctioning more than two dozen individuals, companies, and vessels operating within the network of Iranian oil shipping magnate Mohammad Hossein Shamkhani. Shamkhani is the son of Ali Shamkhani, who...

  • Senate Vote To Block Weapons Sales To Israel Fails April 16, 2026 08:41 ET

    A resolutions that would block the transfer of select weapons to Israel has failed in the Senate for the fourth time. The resolutions, which aimed at limiting President Donald Trump's power to wage war against Iran, was rejected by 52 to 47 votes, mostly along party lines. Democrat Senator John Fetterman opposed the Bill, while Republican Senator Rand Paul voted for the measure, which would have

  • FIFA Chief Says Iran Will Participate In US-hosted Football World Cup April 16, 2026 07:52 ET

    FIFA President Gianni Infantino said that Iran will definitely participate in the U.S.-hosted World Cup football championship, which is set to kick off in June. Iran is scheduled to play three group stage matches against New Zealand, Belgium, and Egypt in U.S. venues, including Los Angeles and Seattle. Iran's participation in the high-profile four-year football gala had been in doubt since the o

  • USS Gerald Ford Breaks Record For Longest Modern Deployment April 16, 2026 07:38 ET

    USS Gerald R. Ford has broken the record for the longest carrier deployment since the Vietnam War. The sailors of USS Gerald R. Ford said goodbye to their families in Norfolk last June thinking they would be back before the holidays. But after being ordered from the Mediterranean to the coast of Venezuela and then to the Middle East, Ford on Wednesday broke the record for the longest modern carri

  • NASA's Quiet Supersonic Jet Shows Streamlined Profile In Wheels-Up Flights April 16, 2026 07:08 ET

    As NASA's X-59 quiet supersonic jet takes to the air, its sleek configuration is now on display thanks to a key milestone it reached recently - flying wheels-up. The transition marks an important step in the aircraft's testing. Experimental aircraft typically make their earliest test flights with the landing gear down, then begin retracting it after successfully meeting performance benchmarks. Th

  • Trump Hints At Resumption Of US-Iran Talks This Week April 15, 2026 06:55 ET

    President Donald Trump has said in an interview with the New York Post that US-Iran Talks to end the Middle East war could be revived "in the next two days". In a preview of an interview released by Fox News, Trump said the war is "very close to over". The two-week ceasefire, agreed by the United States and Iran to end the Middle East war, is set to expire on April 23. In other development in

  • US-Led Partnership To Provide 1 Mln Lenacapavir To Help End HIV Transmission April 15, 2026 06:47 ET

    The U.S. Department of State announced the expansion of its partnership with Gilead Sciences and The Global Fund to increase access to lenacapavir (LEN), a breakthrough HIV prevention medication. LEN is a twice-yearly injectable medication, which has shown 99.9 percent effectiveness at preventing...

  • Oil Prices Fall Further As Peace Talks Hopes Brighten April 15, 2026 06:41 ET

    President Donald Trump's statement that US-Iran talks to end the Middle East war could resume later this week has helped ease tensions in the global oil market, and the oil prices have fallen further. Brent crude oil price decreased to $95.22 a barrel, while the US-traded WTI fell to $91.30. BBC reported that at least seven ships, including vessels linked to Iran, crossed the Strait of Hormuz o

  • FDA Reminds 2200 Sponsors And Researchers To Disclose Trial Results April 14, 2026 08:37 ET

    The U.S. Food and Drug Administration has reminded more than 2,200 medical product companies and researchers of the requirements to submit certain clinical trial results information to ClinicalTrials.gov. Companies and researchers often fail to disclose negative trial results, resulting in significant...

  • Hormuz Disruption Raises Fears Of Global Food Crisis, FAO Warns April 14, 2026 08:32 ET

    The clock is ticking for global food systems as disruptions in the Strait of Hormuz threaten to choke off the flow of fuel and crucial fertilizers needed for the next planting season - also raising the risk of higher food prices and a new wave of inflation, the Food and Agriculture Organization has warned. A fragile ceasefire between the United States and Iran has done little to restore confidenc

  • US Navy Destroyers Begin Mine Clearance In Strait Of Hormuz April 14, 2026 08:23 ET

    U.S. Central Command forces prepared to start clearing mines in the Strait of Hormuz, as two Navy destroyers conducted operations. The USS Frank E. Peterson and the USS Michael Murphy transited the strait and operated in the Persian Gulf as part of a broader mission to ensure the strait is fully clear of sea mines previously laid by Iran's Islamic Revolutionary Guards Corps. "Today, we began th

  • NASA Night-light Imagery Tracks US Energy Transition, Global Volatility April 14, 2026 08:10 ET

    New nighttime maps based on NASA satellite imagery are upending assumptions, revealing a world where artificial brightening and dimming have intensified over the past decade. The findings show intense flaring over major oil and gas fields in the United States, while factors such as rural electrification and energy conservation are changing how billions around the world experience the night. "Unlo

  • Oil Back Below $100 As Trump Hints At Potential Deal, Revival Of Peace Talks April 14, 2026 06:47 ET

    Oil prices fell back to under $100 Tuesday as hopes of a second round of US-Iran peace talks came alive with President Donald Trump saying that Iran had contacted U.S. officials regarding a potential deal to end hostilities. Brent crude oil price decreased by nearly 1 percent to $98.61 a barrel, while the US-traded WTI fell by more than 2 percent to $96.59. "I can tell you we've been called by

  • UN Panel On AI Begins Work On Global Impact Study April 13, 2026 07:59 ET

    The UN's Independent International Scientific Panel on Artificial Intelligence - the first global body of its kind - is gearing up for its inaugural in-person summit. Tasked with navigating the volatile intersection of innovation and ethics, this group of world-leading experts is launching a landmark study into the forces transforming modern life. The Panel has been mandated to produce an annua

  • Trump Criticizes Pope Over His Comments On Iran War April 13, 2026 07:14 ET

    President Donald Trump has made a scathing attack of Pope Leo XIV over his stance on the Middle East war and U.S. immigration policy. In a lengthy, strongly worded statement posted on Truth Social Sunday evening, he called Pope Leo "WEAK on Crime and terrible for Foreign Policy." The head of the Catholic church last week had openly denounced Trump's threat that "a whole civilization will die ton

Global Economics Weekly Update -April 05 – April 10, 2026

April 10, 2026 16:21 ET
Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.