Portraits of laureates US economists Robert E Hall (L) and Michael Woodford are seen on a small screen following the announcement of the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. American economists Robert Hall and Michael Woodford were awarded the Nobel economics prize on October 12 for their work into how monetary and fiscal policy can help stabilise fluctuations in the economy. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Portraits of laureates US economists Robert E Hall (L) and Michael Woodford are seen on a small screen following the announcement of the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. American economists Robert Hall and Michael Woodford were awarded the Nobel economics prize on October 12 for their work into how monetary and fiscal policy can help stabilise fluctuations in the economy. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L) and Member of the Prize Committee and expert Timo Boppart announce US economists Robert E Hall and Michael Woodford as the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L) and Member of the Prize Committee and expert Timo Boppart arrive for the announcement of the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. American economists Robert Hall and Michael Woodford were awarded the Nobel economics prize on October 12 for their work into how monetary and fiscal policy can help stabilise fluctuations in the economy. (Photo by Jonathan Nackstrand / AFP via Getty Images)

A Palestinian-owned olive grove is fenced in near the village of Turmus Ayya, north of the city of Ramallah, in the Israeli-occupied West Bank on October 12, 2026. The olive harvest starts in the West Bank in October and makes up a large component of the agricultural economy and cultural life for most Palestinians. Violence has flared in recent months in the West Bank with near-daily attacks, thefts or vandalism by Israeli settlers against Palestinians. Extremist Israeli settlers have been seizing olive groves owned by Palestinians, who see the trees as a cultural symbol. Some 500,000 Israeli settlers live in the West Bank, which Israel captured in 1967, among three million Palestinians. Settlements in occupied territory are illegal under international law. The olive harvest is a major component of the West Bank's agricultural economy, rural livelihoods and cultural life. The Ministry of Agriculture estimates that around 750,000 dunums are planted with olive trees in the West Bank. Olive trees make up about 45% to 48% of all agricultural land in the West Bank and Gaza, and account for roughly 70% of fruit production. (Photo by Zain JAAFAR / AFP via Getty Images)

Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L) and Member of the Prize Committee and expert Timo Boppart speak via phone with US economist Michael Woodford following the announcement of the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

The winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, Robert E Hall (L) and Michael Woodford, are displayed on a screen at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. American economists Robert Hall and Michael Woodford were awarded the Nobel economics prize for their work into how monetary and fiscal policy can help stabilise fluctuations in the economy. The two were recognised "for microeconomic foundations of macroeconomic stabilisation", the jury at the Royal Swedish Academy of Sciences said. (Photo by Anders WIKLUND / TT NEWS AGENCY / AFP via Getty Images) / Sweden OUT

A Palestinian farmer receives medical treatment after reportedly being beaten by an Israeli settler as he harvested his olive grove near the village of Turmus Ayya, north of the city of Ramallah, in the Israeli-occupied West Bank on October 12, 2026. The olive harvest starts in the West Bank in October and makes up a large component of the agricultural economy and cultural life for most Palestinians. Violence has flared in recent months in the West Bank with near-daily attacks, thefts or vandalism by Israeli settlers against Palestinians. Extremist Israeli settlers have been seizing olive groves owned by Palestinians, who see the trees as a cultural symbol. Some 500,000 Israeli settlers live in the West Bank, which Israel captured in 1967, among three million Palestinians. Settlements in occupied territory are illegal under international law. The olive harvest is a major component of the West Bank's agricultural economy, rural livelihoods and cultural life. The Ministry of Agriculture estimates that around 750,000 dunums are planted with olive trees in the West Bank. Olive trees make up about 45% to 48% of all agricultural land in the West Bank and Gaza, and account for roughly 70% of fruit production. (Photo by Zain JAAFAR / AFP via Getty Images)