At least 11 people were killed and power at Zaporizhzhia nucler power plant was cut in Russian missile barrage targeting energy facilities across Ukraine.Nuclear energy operator Energoatom said the last link between Europe's largest nuclear plant and the Ukrainian power grid was cut off in the missile strike.The facility is now operating in emergency mode with supply from diesel generators to dry ...
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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.