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  • Atlanta MARTA Security Spending, Safety Plans To Be Probed After Murder On MARTA Train June 05, 2026 07:38 ET

    U.S. Transportation Secretary Sean P. Duffy has directed the Federal Transit Administration to launch an investigation of Atlanta's Metropolitan Atlanta Rapid Transit Authority, or MARTA. The investigation will review the transit agency's security spending, safety protocols, and risks to riders and workers. The...

  • NASA Satellites Show Mangrove Forest Expansion Globally June 05, 2026 07:09 ET

    NASA satellite images show that mangrove forests, which protect shorelines, support coastal ecosystems, and store large amounts of carbon along saltwater coasts, are more resilient than scientists once believed. Four decades of Landsat observations reveal that mangrove forest coverage shifted from long-term...

  • World's First AI-designed Vaccine Could Protect Against Viruses, Researchers Say June 05, 2026 06:58 ET

    A "fundamentally new" type of vaccine, developed using artificial intelligence for the first time in the world, has the potential to act against a variety of viruses and protect the world from future pandemic outbreaks, say researchers. A Cambridge-led team has developed a way to engineer better vaccines that could provide broad protection from thousands of variants of viruses - such as coronavir

  • House Passes Ukraine Aid And Russian Sanctions Bill With GOP Support June 05, 2026 06:54 ET

    The U.S. House of Representatives has passed with the support of 18 Republican lawmakers a sweeping legislation that includes major Ukraine aid and Russia sanctions package. The Ukraine Support Act authorizes $1.3 billion in security assistance to Ukraine, $8 billion in arms sales, and imposes broad, sweeping new oil and gas sanctions against Russia. The first major Ukraine-assistance package fr

  • Hezbollah Rejects Israel-Lebanon Ceasefire June 05, 2026 06:47 ET

    The leaders of Hezbollah's military wing have reportedly rejected a US-led ceasefire renewal agreement between Lebanon and Israel, calling it "futile." In a statement issued on Thursday, the Iran-backed Lebanese militant group's leader Naim Qassem said "broad segments of the Lebanese people" have...

  • Kyrgyzstan Elected As Non-permanent Member Of Security Council For First Time June 04, 2026 08:25 ET

    A closely watched UN Security Council election delivered a mix of continuity and change on Wednesday, as Austria, Portugal, Trinidad and Tobago, Zimbabwe - and first-time member Kyrgyzstan, secured seats as non-permanent members of the apex Council. The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms begin

  • DOJ To Award $300 Mln To Model Cities To Restore Law And Order June 04, 2026 08:22 ET

    The Justice Department has announced the Model Cities Initiative, directing nearly $300 million in federal funding to transform public safety in U.S. cities. Through this initiative, two to four cities will be selected to receive awards supporting the implementation of comprehensive and innovative strategies...

  • Flesh-eating Screwworm Detected In US June 04, 2026 08:10 ET

    A flesh-eating parasite that feeds on warm-blooded animals has been detected in the United States after six decades. The U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) confirmed the detection of a New World screwworm in a bovine in Zavala County, Texas. New World...

  • US Warns World Cup Fans Not To Bring Pork To Prevent African Swine Fever June 04, 2026 07:28 ET

    The US Department of Agriculture has warned football fans traveling into the United States to watch the World Cup, to not bring pork with them to protect the country from African Swine Fever. The countdown to the 2026 FIFA World Cup is on. With games scheduled from June 11 to July 19 in 16 cities...

  • House Adopts Resolution Limiting Trump's War Powers June 04, 2026 06:48 ET

    The US House of Representatives has passed a resolution to limit President Donald Trump's war powers in Iran with the support of four Republican lawmakers. In a public show of disapproval of Trump's handling of the conflict, the House adopted the war powers resolution by a 215-208 vote. It requires Trump to withdraw American forces from the Middle East or seek congressional approval to continue

  • Israel, Lebanon Agree To Implement Ceasefire June 04, 2026 06:45 ET

    Israel and Lebanon have agreed to the implementation of a ceasefire on condition of complete cessation of Hezbollah fire and the evacuation of all Hezbollah operatives from the South Litani Sector, an area between the Israeli border and the Litani river. This region is now under the control of Israeli military forces. The truce was agreed after the fourth round of U.S.-led negotiations between I

  • Bangla Foreign Minister Khalilur Rahman Elected As UN General Assembly President June 03, 2026 13:09 ET

    Bangladeshi Foreign Minister Khalilur Rahman has been elected as the President of the UN General Assembly's 81st session. He defeated Andreas Kakouris of Cyprus in a closely contested vote on Tuesday, positioning himself to steer the world body through a pivotal year marked by intensifying global crises, UN reform efforts and major leadership transitions. In a secret-ballot election, Rahman secur

  • CDC Warns Of Risks For People Travelling Abroad For Cosmetic Procedures June 03, 2026 08:48 ET

    A study published in CDC's Emerging Infectious Diseases journal Tuesday highlights a growing concern for adverse outcomes from patients who have traveled abroad to undergo cosmetic procedures. The findings underscore the need for patients considering medical procedures abroad to fully understand the...

  • American Families And Workers Claimed $82 Bln In Tax Relief: Treasury June 03, 2026 08:12 ET

    Through the April tax filing deadline, American families and Workers have claimed $82 billion in individual relief directly from the Working Families Tax Cuts, the Department of the Treasury's new analysis of this past tax filing season confirms. 97 percent of filers received a tax cut this past filing...

  • Trump Signs Order To Promote Advanced AI Innovation And Security June 03, 2026 07:56 ET

    President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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