The Government of Israel and the Palestinian National Authority have agreed on a set of commitments that will help de escalate tensions in the Middle East.The two sides reaffirmed their joint readiness and commitment to immediately work to end unilateral measures for a period of 3 to 6 months.This includes an Israeli commitment to stop discussion of any new settlement units in Palestinian territor...
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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.