Infrastructure facilities and some houses in Kyiv were damaged in the overnight wave of drone and missile attacks from Russia.Kyiv mayor Vitaly Klitschko said the latest round of attacks resulted in power cut in the capital city. The Russians were targeting critical infrastructure facilities in Kyiv, according to him."We are currently observing an increase in electricity consumption and excessive ...
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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.