The European Union has questioned the credibility of local elections held in Georgia on Saturday.In a statement issued on Monday, High Representative Kaja Kallas and Commissioner Marta Kos said the elections were held amid a period of extensive crackdown on dissent.They alleged that months of raids on independent media, the passing of laws targeting civil society, the jailing of opponents and acti...
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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.