Indirect talks between representatives of Israel and Hamas are set to begin in Egyptian city of Sharm el-Sheikh Monday, aimed at negotiating terms of President Donald Trump's Gaza peace plan.Preparatory talks by technical teams have already begun to work through and clarify final details, reports said. The Hamas delegation is led by Khalil al-Hayya, who survived an Israeli assassination attempt in...
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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.