Riyadh airport stays shut after deadliest Houthi attack on Saudi soil in a decade Kremlin rejects 60-day truce as strikes go on after Trump's energy ceasefire claim Iran strikes more tankers near Hormuz as indirect talks with US continue Death toll reaches 139 after migrant boat capsizes off Djibouti Senators of both parties challenge Trump's Russian diesel deal as Berlin refuses to follow Russian strikes on Kyiv and Kharkiv hit amid disputed energy ceasefire NATO sets out defence plan as Europe warns of deadlier Russian sabotage EU and China agree cap on Chinese hybrid car imports Dozens of miners killed in air strike near Sudan-Egypt border Ethiopian forces take Adwa in Tigray after Adigrat and Mekelle UK orders security review after killing of Ann Widdecombe IMF chief says AI investment holds global growth near 3% but warns of job disruption Cyberattack heats fridges in hundreds of French supermarkets Federal agents search home of Rep. Ilhan Omar UK blames Iran's IRGC for RAF Fairford plot and sanctions two Iranians Delhi shuts metro stations ahead of new protest against election chief EU adopts 22nd Russia sanctions package with nearly 1,600 new listings Hurricane Simon crawls along Mexico's Pacific coast with floods and evacuations North Korea fires several ballistic missiles, Seoul says Oil rises above $106 a barrel as supply worries return Israeli fire kills more Palestinians in Gaza a year into ceasefire Ex-president Kabila takes lead of political-military movement including M23 Poland arrests man linked to far right over attempt on Tusk Pakistan declares emergency in Khyber Pakhtunkhwa and detains hundreds of Khan's supporters Rupee jumps 1% after RBI steps up its defence Burnham confirms Russian interference in Brexit campaign and seeks EU reset WHO probes Russian lab worker's death as China and Hong Kong tighten plague checks China car-sales slump weighs on Volkswagen and Audi China sanctions Paraguayan and Belizean ministers over Taiwan ties PKK pulls out of four camps in northern Iraq, Turkish sources say Netanyahu orders prosecution of interviewees in Gaza film NAZA EU to open new accession talks with Ukraine after Kyiv passes minority rights law Over 100 foreign trekkers stranded in flood-hit region of Nepal Memory shortage drives worst third quarter for smartphones in 14 years Flydubai cockpit attack probe points to Melbourne community centre Microsoft president says AI is less regulated than milk, urges kill switches Pope Leo to be hospitalised for lung nodule surgery Haze keeps Singapore most polluted as wildfires destroy homes in Indonesia Ukrainian drone strikes on Yandex data centres will take months to repair US and euro-zone bond stress feeds mortgage hedging and fiscal warnings Baku school hijab ban sparks protests, fires and 37 arrests Isaias cuts power to Florida customers and shuts in 30% of US Gulf oil output Carney urges unity a week before Alberta secession referendum Meta releases Muse Wonder models, says it has reached AI frontier Hall and Woodford win Nobel economics prize EU launches support mission for Lebanese army as Unifil deadline looms Riyadh airport stays shut after deadliest Houthi attack on Saudi soil in a decade Kremlin rejects 60-day truce as strikes go on after Trump's energy ceasefire claim Iran strikes more tankers near Hormuz as indirect talks with US continue Death toll reaches 139 after migrant boat capsizes off Djibouti Senators of both parties challenge Trump's Russian diesel deal as Berlin refuses to follow Russian strikes on Kyiv and Kharkiv hit amid disputed energy ceasefire NATO sets out defence plan as Europe warns of deadlier Russian sabotage EU and China agree cap on Chinese hybrid car imports Dozens of miners killed in air strike near Sudan-Egypt border Ethiopian forces take Adwa in Tigray after Adigrat and Mekelle UK orders security review after killing of Ann Widdecombe IMF chief says AI investment holds global growth near 3% but warns of job disruption Cyberattack heats fridges in hundreds of French supermarkets Federal agents search home of Rep. Ilhan Omar UK blames Iran's IRGC for RAF Fairford plot and sanctions two Iranians Delhi shuts metro stations ahead of new protest against election chief EU adopts 22nd Russia sanctions package with nearly 1,600 new listings Hurricane Simon crawls along Mexico's Pacific coast with floods and evacuations North Korea fires several ballistic missiles, Seoul says Oil rises above $106 a barrel as supply worries return Israeli fire kills more Palestinians in Gaza a year into ceasefire Ex-president Kabila takes lead of political-military movement including M23 Poland arrests man linked to far right over attempt on Tusk Pakistan declares emergency in Khyber Pakhtunkhwa and detains hundreds of Khan's supporters Rupee jumps 1% after RBI steps up its defence Burnham confirms Russian interference in Brexit campaign and seeks EU reset WHO probes Russian lab worker's death as China and Hong Kong tighten plague checks China car-sales slump weighs on Volkswagen and Audi China sanctions Paraguayan and Belizean ministers over Taiwan ties PKK pulls out of four camps in northern Iraq, Turkish sources say Netanyahu orders prosecution of interviewees in Gaza film NAZA EU to open new accession talks with Ukraine after Kyiv passes minority rights law Over 100 foreign trekkers stranded in flood-hit region of Nepal Memory shortage drives worst third quarter for smartphones in 14 years Flydubai cockpit attack probe points to Melbourne community centre Microsoft president says AI is less regulated than milk, urges kill switches Pope Leo to be hospitalised for lung nodule surgery Haze keeps Singapore most polluted as wildfires destroy homes in Indonesia Ukrainian drone strikes on Yandex data centres will take months to repair US and euro-zone bond stress feeds mortgage hedging and fiscal warnings Baku school hijab ban sparks protests, fires and 37 arrests Isaias cuts power to Florida customers and shuts in 30% of US Gulf oil output Carney urges unity a week before Alberta secession referendum Meta releases Muse Wonder models, says it has reached AI frontier Hall and Woodford win Nobel economics prize EU launches support mission for Lebanese army as Unifil deadline looms

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Nobel economics prize

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American economists Robert E. Hall and Michael Woodford won the 2026 Nobel economics prize, announced on Monday, 12 October, for models that help governments and central banks stabilise economies, including during the 2008 financial turmoil.

The Nobel Memorial Prize in Economic Sciences is awarded each October for contributions to economic science. It is formally the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, first given in 1969, and is announced after the original Nobel prizes.

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Tuesday, 13 October 2026Economy

Hall and Woodford win Nobel economics prize

American economists Robert E. Hall and Michael Woodford won the 2026 Nobel Memorial Prize in economics, announced on Monday. They were honoured for models that help governments and central banks stabilise economies, including in the 2008 financial turmoil.