A total of 6.42 million doses of unapproved and counterfeit pharmaceuticals worth $15.5 million have been seized in a global crackdown. Operation Pangea XVIII, coordinated by Interpol across 90 countries during March 10 - 23, led to 269 arrests and the dismantling of 66 criminal groups involved in the illicit pharmaceutical trade. Law enforcement agencies worldwide launched 392 investigations an
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.