US Secretary Of State Marco Rubio has warned that "hardest hits" on Iran are yet to come from the U.S. military. Addressing a news conference he said the next phase will be even more punishing on Iran than it is right now. When asked how long will the conflict in the Middle East last, Rubio replied, "I don't know how long it'll take. We have objectives. We will do this as long as it takes to achie...
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.