By studying how consumption decisions are made and how prices are set in concrete terms, the two economists refined the understanding of the economy and provided public policymakers with new tools.
American macroeconomists Robert E. Hall and Michael Woodford, winners of the 2026 Nobel Prize in economics, at the Royal Swedish Academy of Sciences in Stockholm, October 12, 2026.
Ukrainian lawmakers on Monday passed legislation protecting the rights of national minorities, which removes a major hurdle in Kyiv's bid for membership.
A satellite image taken on April 13, 2026, shows the area of a ground-based Starlink satellite communications station in Wola Krobowska, Poland. The station burned down on September 23, 2026, in what the government suspects was an act of sabotage, according to Polish Deputy Prime Minister Krzysztof Gawkowski.
As the sanctions regime on Russian oil crumbles and pressure on Ukraine mounts, the announcement of an energy ceasefire between Moscow and Kyiv faces obstacles due to Russian demands.
Seven men have been arrested and released on bail after three suspicious vans were stopped near the Royal Air Force Fairford in southwest England on September 27. None have been charged. The incident was declared 'major' by British authorities.
In this video grab taken from footage broadcast by the UK Parliamentary Recording Unit (PRU) via the Parliament TV website on October 12, 2026, Britain's Prime Minister Andy Burnham makes a statement in the House of Commons.
The search of the Democratic congresswoman's residence was conducted by agents from Homeland Security Investigations, the investigative arm of US immigration enforcement, according to Fox News.
A view of the residence of US Representative Ilhan Omar after US authorities conducted a raid as part of an ongoing investigation by the Justice Department, in Washington, DC, October 12, 2026.
The term 'hybrid war' has gradually taken hold to describe the surge in security incidents attributed to Moscow. And European countries are taking action in response to these threats.
In a speech in Warsaw, NATO's Supreme Allied Commander Europe Alexus Grynkewich insisted on the alliance's readiness, while downplaying the odds of an imminent conflict.
Bärbel Bas, labor minister and co-leader of the center-left SPD party, the junior partner in Germany's governing coalition, cited personal reasons and 'attacks' from her coalition partners.
People watch Ukrainian President Volodymyr Zelensky on a large screen as he speaks to the Warsaw Security Forum in Warsaw, Poland, Monday, October 12, 2026.
US President Donald Trump announced on Sunday a ceasefire targeting both Russian and Ukrainian energy infrastructure, without Kyiv being informed. Moscow has so far refrained from making any comment.
The arrests come amid longstanding tensions between the North African neighbors, whose land border has been closed since 1994 and diplomatic relations severed in 2021.
The Israeli PM has called for a probe into 24 Israeli military and intelligence personnel who testify anonymously in the documentary NAZA, which examines the army's use of AI-powered targeting in Gaza and its toll on civilians.
Directors Yuval Abraham, left, and Rachel Szor pose for photographers after accepting the special jury prize for the film 'NAZA' during the closing ceremony of the 83rd edition of the Venice Film Festival in Venice, Italy, on September 12, 2026.
Israeli Prime Minister Benjamin Netanyahu uses the fight against antisemitism to legitimize his alliances with Jewish supremacists and the European far right, writes historian Jean-Pierre Filiu.
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