Spain's parliamentary elections failed to find a clear winner, as both sides fell short of the majority of seats required to form a government. With almost all the votes counted in Sunday's polling, the opposition center-right Partido Popular (PP) is leading with 136 seats.Even with the support of the far-right Vox party, which is set to win 33 seats, a possible coalition will not be able to reach...
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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.