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May 2026

China’s Central Bank Injects $88B into Financial System

Beijing: The People’s Bank of China announced that it will inject 600 billion yuan ($88.2 billion) into the market on May 25 through its medium-term lending facility for financial institutions. The bank stated that the operation aimed to provide suffi…

Global Sumud Flotilla and the Battle Over Gaza’s Blockade

Istanbul: Three aircraft operated by Turkish Airlines landed at Istanbul Airport yesterday, carrying activists from the Global Sumud Flotilla who had been detained by Israeli military forces in international waters while attempting to deliver humanita…

Kevin Warsh Sworn In as New Federal Reserve Chair

Washington: Kevin Warsh was sworn in as the new chair of the Federal Reserve Friday, ushering in what the American leader is hoping to be a new era in economic policy.

According to Anadolu Agency, the swearing-in caps a months-long saga centered on …