The Middle East war entered its 11th day, with strikes and counter-strikes across the region and the humanitarian toll mounting. UN agencies have warned that rising civilian casualties, mass displacement - particularly in Lebanon - and damage to critical infrastructure are deepening the crisis, while disruptions to shipping and energy routes risk driving up global prices and worsening food insecurity.
UN agencies have reported massive displacement across the Middle East, along with surging food and fuel prices that risk increasing hunger and suffering for the most vulnerable.
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Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.