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  • Initiative To Eliminate Traffic Bottlenecks Across US Launched April 21, 2026 08:02 ET

    U.S. Transportation Secretary Sean P. Duffy and the Federal Highway Administration have jointly launched the 'Freedom to Drive initiative', an opportunity for states to collaborate with the Department of Transportation on tackling increasing congestion corridors across the United States. This national...

  • FDA Achieves Goals In Reducing Animal Testing In Drug Development April 21, 2026 08:00 ET

    The U.S. Food and Drug Administration has announced that vit achieved its key first-year goals in the implementation of its April 2025 Roadmap to Reducing Animal Testing in Preclinical Safety Studies, marking one year of transformative action to modernize drug development through innovative, human-relevant...

  • Amtrak's Northeast Rail Corridor To Be Revitalized With $5 Bln Funding April 21, 2026 07:48 ET

    U.S. Transportation Department Secretary Sean P. Duffy has announced a $4.7 billion investment into rail projects on Amtrak's Northeast Corridor to help revitalize the nation's iconic rail hubs, including New York Penn Station and Washington Union Station. Throughout the Northeast Corridor, the investment...

  • US Reports Progress In Combating HIV Epidemic Globally April 21, 2026 06:21 ET

    The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...

  • NASA's Quiet Supersonic Aircraft Makes Highest And Fastest Flight April 21, 2026 06:18 ET

    NASA's X-59 quiet supersonic experimental aircraft has made its highest and fastest flights so far, expanding its operational range and making progress toward supersonic flight. The U.S. space agency said in a pair of test flights earlier this month, the aircraft reached new altitudes and speeds, reaching 43,000 feet and 528 to 627 mph, respectively, (approximately Mach 0.8 to 0.95 in those condi

  • Iran Warns Of 'new Cards On Battlefield' If Ceasefire Doesn't Extend April 21, 2026 06:11 ET

    As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes. "In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.While U

  • New NASA Force To Support US Air And Space Program April 20, 2026 07:49 ET

    NASA and the U.S. Office of Personnel Management have launched the NASA Force website, opening applications for roles aimed at recruiting the United States' top engineers and technologists to support the nation's air and space program. NASA Force, a new hiring initiative developed in partnership...

  • Trump Order To Accelerate Treatments For Serious Mental Illness April 20, 2026 07:34 ET

    President Donald Trump has signed an Executive Order that will accelerate access to treatments for patients with serious mental illness, reaffirming his commitment to advancing solutions that provide hope to Americans with devastating, complex, and treatment-resistant conditions. The Order directs the Food and Drug Administration Commissioner to provide Commissioner's National Priority Vouchers t

  • Tsunami Warning Issued After Powerful Earthquake Off Japan's North-east Coast April 20, 2026 07:04 ET

    A 7.5 magnitude earthquake struck off the north-east coast of Japan Monday, prompting authorities to issue a 9.8-foot tsunami warning. The Japan Meteorological Agency warned that waves as tall as 3 meters can be expected in the Iwate prefecture and parts of Hokkaido and Aomori, while tsunami warnings...

  • Asia-Pacific Forum Highlights Global Ripple Effects Of Middle East War April 20, 2026 06:54 ET

    At the UN's regional forum in Bangkok, senior UN officials and national delegates have warned that the impact of the Middle East war is being felt far beyond the region, with growing consequences for economies and vulnerable populations across Asia and the Pacific. Addressing the UN Economic and Social Commission for Asia and the Pacific's 82nd session in Bangkok, Deputy Secretary-General Amina M

  • Iran Vows To Retaliate After US Seizes Iran-flagged Ship April 20, 2026 06:16 ET

    Iran's military has vowed retaliation following the seizure of an Iranian cargo ship in the Gulf of Oman by U.S. forces, leaving the potential bilateral talks to end the Middle East war in jeopardy. The Trump administration had announced that the second round of US-Iran talks will commence Monday in Pakistan's capital, which is under tight security. But Iranian foreign ministry said there are n

  • UN Rights Experts Demand Probe Into Epstein Files Allegations April 17, 2026 08:02 ET

    UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg

  • FAA To Cut Schedules To Prevent Delays, Cancellations At Chicago O'Hare Airport April 17, 2026 07:54 ET

    U.S. Transportation Secretary Sean P. Duffy and the Federal Aviation Administration have announced a new action to prevent widespread flight delays this summer at Chicago O'Hare International Airport, or ORD. The FAA's action - known as a scheduling reduction - limits daily operations to 2,708 flights...

  • US, Philippines To Set Up Joint Economic Security Zone To Strengthen Supply Chains April 17, 2026 06:59 ET

    The United States and the Philippines have announced plans to establish a 4,000-acre industrial hub to secure inputs vital to American and global supply chains. The site is located in the Luzon Economic Corridor of the Philippines. The site — the first of its kind — is being designated by the Philippines...

  • Oil Falls Further Over Hopes Of Ease In Middle East Tensions April 17, 2026 06:26 ET

    A pause in fighting between Israel and Iran-backed Hezbollah in Lebanon, and President Donald Trump's statement that the US and Iran are "very close" to making a deal to end the weeks-old Middle East war has sent oil prices down on Friday. Brent crude oil price decreased by more than 3 percent to $96.33 a barrel, while the US-traded WTI fell by nearly 4 percent to $91.10. Oil has been trading b

Global Economics Weekly Update: April 13 – April 17, 2026

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.