A ceasefire deal between Israel and Hezbollah militants in Lebanon has come into effect in the early hours of Wednesday, and the truce is holding, reports say.
After speaking with the prime ministers of Israel and Lebanon Tuesday, U.S. President Joe Biden announced that their governments have accepted the United States' proposal to end the devastating conflict between Israel and Hezbollah.
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Political News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.