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  • UK Business Delegation To US Launches Greater Together Los Angeles May 19, 2026 07:52 ET

    UK Secretary of State for Culture, Lisa Nandy and Minister for Economic Transformation, Blair McDougall, will lead a delegation of 250+ strong business and cultural leaders to the United States to drive economic growth at a major expo, Greater Together LA. The mission will convene hundreds of business...

  • TrumpRx.gov Expands With More Than 600 Generic Medications May 19, 2026 07:35 ET

    President Donald Trump has announced an expansion of TrumpRx.gov to provide unprecedented price transparency and choice on generic medications that millions of Americans use every day. From now on, TrumpRx.gov will feature more than 600 generic medications. The White House said that Americans will be able to clearly and transparently understand the most competitive cash prices of their medicati

  • US Airports To Be Made More Family-Friendly May 19, 2026 07:26 ET

    U.S. Transportation Secretary Sean P. Duffy has announced that the Federal Aviation Administration will invest $970 million to enhance the travel experience for families in U.S. airports. The Department delivered 133 grants to airports in 45 states through the Infrastructure Investment and Jobs Act - Airport Terminal Program (ATP) to invest in family-friendly airport projects. They include $2.8

  • Chances Of Another Global Pandemic Increasing: Experts May 19, 2026 07:07 ET

    A day after the World Health Organization declared the new Ebola outbreak in eastern Democratic Republic of the Congo an international emergency, top global disease transmission experts stressed that the chances of another global pandemic similar to the 2019 coronavirus emergency are increasing all the time. "The world is not safer from pandemics", said experts from the Global Preparedness Monito

  • US Triggers Public Health Law To Limit Entry From Ebola-hit Region May 19, 2026 06:36 ET

    The United States has triggered a public health law to ban visitors from Africa's Ebola-hit region entering the country. On Monday, the Centers for Disease Control and Prevention, the Department of Homeland Security, and other federal agencies implemented enhanced travel screening, entry restrictions, and public health measures to prevent the viral disease from entering the United States amid ong

  • Trump Says He Put Off Planned Iran Attack At Request Of Gulf States May 19, 2026 06:10 ET

    President Donald Trump says he is putting off a planned attack against Iran as requested by the leaders of four Gulf countries. In a statement posted on Truth Social, Trump said "serious negotiations are now taking place" to end the Middle East war. "I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al Saud, and the President

  • Ford Carrier Strike Group Awarded Presidential Unit Citation After Historic Cruise May 18, 2026 10:27 ET

    USS Gerald R. Ford Carrier Strike Group 12 has been awarded the Presidential Unit Citation for the group's actions during their record-setting, multi-month deployment. This was announced by Secretary of War Pete Hegseth who was on hand with his wife and senior Navy leaders at Naval Station Norfolk,...

  • China To Buy $17 Bln Worth Of US Agricultural Products Annually: White House May 18, 2026 09:03 ET

    China will purchase U.S. agricultural products worth at least $17 billion annually for three years, and reopen its markets to some U.S. meat products as part of deals secured during President Donald Trump's recently concluded visit to Beijing, according to the White House. It revealed details of some agreements made between the two sides last week. Donald Trump, on the first visit by a US Presi

  • Trump Warns Iran 'clock Is Ticking' May 18, 2026 08:03 ET

    President Donald Trump has renewed the threat to resume military attacks against Iran by saying that the regime is running out of time to reach an agreement in line with what the United States proposed. "For Iran, the clock is ticking, and they better get moving, fast, or there won't be anything left of them," Trump wrote on Truth Social platform on Sunday, as Middle East peace talks remained stal

  • Ebola Outbreak In Central Africa Declared International Emergency May 18, 2026 08:00 ET

    The World Health Organization has declared the ongoing Ebola outbreak in Central Africa a Public Health Emergency of International Concern, citing rising cases, cross-border spread and significant uncertainties about the scale of the epidemic. The decision, announced by WHO Director-General Tedros Ghebreyesus on Sunday, follows reports of both confirmed and suspected infections linked to the Bund

  • US Attacks Crippled Iran's Military, CENTCOM Chief Tells Senate Panel May 15, 2026 10:33 ET

    The head of the U.S. Central Command has told a Congressional panel that the American military forces have crippled Iran's military and its ability to project power with lethal strikes during the Middle East war. Adm. Brad Cooper, CENTCOM commander, testified before the Senate Armed Services Committee in Washington as part of hearings related to force posture in the region and the command's porti

  • Salmonella Outbreaks Linked To Backyard Poultry Sickens 150 More May 15, 2026 10:26 ET

    Salmonella outbreaks linked to backyard poultry across 18 new states in the U.S. have sickened 150 more people. With this, the total count of infections rose to to 184, Centers for Disease Control and Prevention said. This includes 53 hospitalizations and one death in a person from Washington state. Over...

  • 41 People In US Under Monitoring With High Risk Hantavirus Exposure: CDC May 15, 2026 08:58 ET

    The Centers for Disease Control and Prevention has said that currently 41 people across the U.S. are under monitoring for suspected hantavirus infection. They include passengers who were recently repatriated from the hantavirus-hit cruise ship MV Hondius in Tenerife, and are now in ASPR Regional Emerging...

  • US Removes Highly Enriched Uranium From Venezuela's Closed Reactor May 15, 2026 08:00 ET

    The United States announced that in partnership with Venezuela and the United Kingdom and with technical support from the International Atomic Energy Agency, it has successfully removed excess highly enriched uranium from Venezuela's shuttered RV-1 research reactor. The RV-1 was the country's first and only nuclear reactor, originally built for peaceful scientific research and later repurposed

  • Trump Says China Agreed To Buy Oil From US May 15, 2026 07:58 ET

    President Donald Trump says China has agreed to buy oil from the United States amid disruptions in oil transit through the Strait of Hormuz. "We're going to start sending Chinese ships to Texas and to Louisiana and to Alaska," he said in an interview with Fox News ahead of concluding his state visit to China. "It's the one thing they really need - energy. We have unlimited energy," the president

Global Economics Weekly Update: May 11 – May 15, 2026

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.

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