The European Union has imposed a tough round of sanctions against Belarus over its continued human rights abuses and in response to involvement in Russia's military aggression against Ukraine.The measures expand the ban on exports to Belarus to a number of highly sensitive goods and technologies which contribute to Belarus's military and technological enhancement. The European Council imposed an a...
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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.