The Group of Seven (G7) countries have pledged long-term support for the security and economic recovery of Ukraine.The Leaders of the G7 - Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States - and the Presidents of the European Council and the European Commission issued a joint declaration in Lithuanian capital Vilnius.They announced that each G7 member will launch neg...
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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.