Macro Calendar: Feb 13, 2026 6:09 AM EST

Highlights:

• Detroit's Ex-Mayor Bets That Michigan Voters Are Sick of Party Politics - Former Democratic Detroit Mayor Mike Duggan is running for Michigan governor as an independent after a decade leading the Motor City. Source

• Russia Cuts Key Rate to 15.5% Despite Uptick in Inflation - Russia's central bank delivered its sixth consecutive rate cut to provide relief to businesses struggling under high borrowing costs, even as inflation accelerated. Source

• Much of Cuba Goes Dark as Trump Chokes Oil Supply - Satellite imagery analysis shows nighttime light levels have dropped up to 50% across Cuba amid Trump's oil blockade affecting the power grid. Source

• Polish Higher-Than-Forecast Inflation Puts Rate Cut in Doubt - Poland's January inflation slowed less than expected, casting uncertainty on anticipated interest rate cuts next month. Source

• Why Adam Posen Thinks Inflation Will Surge Back to 4% - Peterson Institute president makes a contrarian forecast for inflation to reach 4% in 2026. Source

• Europe Rethinks Nuclear Weapons After US Reality Check - Europe is considering its own nuclear deterrent as trust in US protection wavers and Russian threats grow, though alternatives to America's nuclear umbrella remain unclear. Source