More than four million people in Ukraine are facing significant power outages as Russia stepped up attacks targeting the country's power generating stations.Ukraine's state-energy company Ukrenergo warned on Monday that scheduled and unscheduled power cuts can be expected across the country in coming days."From 6:00 a.m. and until the end of the day, there will be scheduled power outages in Kyiv c...
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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.