Ukrainian President Volodymyr Zelenskyy has alleged that alongside its ongoing nuclear threat, Russia is also weaponizing essentials like global food and energy markets, which impacts not only Ukraine, but all countries.
Addressing the UN General Assembly, he said that since the start of the war, Ukrainian ports in the Black and Azov seas were blocked by Russia and its ports on the Danube River targeted by drones and missiles.
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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.