President Joe Biden has signed a set of executive orders aimed at tackling the climate crisis at home and abroad.The first order starts with the statement, "It is the policy of this administration that climate considerations shall be an essential element of U.S. foreign policy and national security." This order creates both a White House interagency task force to address environmental justice, as ...
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Political News
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.