The Philippines have allowed the United States to set up four additional military bases in the country, providing U.S. forces with a strategic advantage on the South China Sea.The expanded access to Philippines bases gives Washington a boost in its efforts to counter China, especially to monitor the Chinese activities in the South China Sea and around self-ruled Taiwan.Wednesday, the Philippines a...
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.