The U.S. Defense Department is working with other government agencies, allies and friends to strengthen deterrence across the Taiwan Strait to ensure peace and prosperity in the Indo-Pacific region, a high ranking DOD leader told the House Armed Services Committee.
Ely Ratner, the Assistant Secretary of Defense for Indo-Pacific security affairs, testified about the situation in the Taiwan Strait and moves the United States is making to deter China from aggressive activities toward Taiwan.
For comments and feedback contact: editorial@rttnews.com
Business 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.