The United States has rejected a UN-hosted conference on the implementation of the two-State solution, calling it "unproductive" and "publicity stunt."Far from promoting peace, the conference will prolong the war, embolden Hamas, and reward its obstruction and undermine real-world efforts to achieve peace, the US State Department said in a statement.According to Secretary of State Marco Rubio, "Th...
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Political News
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.