Under pressure after a mass resignation of Cabinet ministers from his scandal-plagued government this week, British Prime Minister Boris Johnson resigned as leader of the Conservative party.
Publicly announcing his resignation at No.10, Downing Street, Thursday, Johnson said he will continue as Prime Minister until the party elects his successor.
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Political News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.