New Overnight Developments Abroad - Daily Update
Xi-Trump Summit Is Over But Concerns about Iran and Inflation Continue
May 15, 2026
The meeting between the Chinese and U.S. presidents exuded friendly optics but failed to allay fears about the continuing shutdown of the Strait of Hormuz and rising inflationary pressures felt around the world. More military confrontations were reported today from the Middle East. The dollar wore its refuge currency crown as the 11th week of […] More