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Date:2026-05-13 UTC

Kevin Warsh confirmed as next Federal Reserve chair, succeeding Jerome Powell. Trump arrives in Beijing for a high-stakes summit with Xi Jinping covering trade, Taiwan, and the Iran war, drawing anxious attention from Taiwan. Hantavirus outbreak grows to 11 cases in France with one patient critically ill. Russia successfully test-launches a new Sarmat intercontinental ballistic missile.

Kevin Warsh confirmed as new Fed chair

Kevin Warsh has been confirmed to succeed Jerome Powell as chair of the Federal Reserve. His appointment marks a significant leadership transition for the U.S. central bank. Warsh's resume reveals a background in finance and prior service at the Fed during the 2008 financial crisis. Markets are watching closely for signals on interest rate policy under his leadership.

Trump holds summit with Xi in Beijing

Donald Trump has arrived in Beijing for a high-stakes summit with Xi Jinping covering trade tensions, the Iran war, and U.S. arms sales to Taiwan. Taiwan is closely watching the outcome of the meeting amid concerns over its security. Multiple outlets frame the summit as a pivotal moment for U.S.-China relations. Trump has publicly downplayed differences with Xi on Iran ahead of the talks.

Key issues on the table at Trump-Xi summit

Analysis pieces break down the five key issues on the agenda for the Trump-Xi summit, including trade, Taiwan, Iran, and military posture. Pete Hegseth's presence in Beijing signals potential shifts in the U.S. military agenda. BBC explains the broader context behind Trump's visit to China. The discussions are expected to shape the trajectory of bilateral relations for the coming months.

Hantavirus outbreak grows to 11 in France

A hantavirus outbreak in France has grown to 11 confirmed cases, with one patient critically ill and on artificial lung support. The patient has a severe form of the disease and is described as being in the final stage of supportive care. Meanwhile, life in U.S. hantavirus quarantine involves egg sandwiches and isolation. Health authorities are closely monitoring the situation as the outbreak expands.

Russia test-launches new intercontinental ballistic missile

Russian President Vladimir Putin has hailed the successful test launch of a new intercontinental ballistic missile. The missile, identified as the Sarmat, is described as Russia's most powerful. The test comes amid heightened geopolitical tensions and signals ongoing modernization of Russia's strategic nuclear forces. The launch has drawn attention from defense analysts worldwide.