The United States has imposed sanctions on four foreign nationals who are involved in international drug trafficking, including cocaine and fentanyl. The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three Belgian nationals and one Mexican national for importing and distributing narcotics destined for U.S. and European markets.The Belgian nationals sanctioned by O...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.