The United States and Israel have signed a Memorandum of Understanding to advance collaboration on energy and artificial intelligence.The MOU was signed by U.S. Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Israel Prime Minister Benjamin Netanyahu and Israel Ambassador to the U.S. Yechiel Leiter.The MOU highlights the transformative potential of AI to improve the securit...
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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.