European businesses that have remained in Russia have cooled sharply in their assessments of the immediate future of the Russian economy. Whereas a year ago half of the companies believed in growth, now only 17% do. At the same time, the number of those who expect the situation to worsen has almost doubled.
The richest one in a thousand residents of Europe receives about 4.5% of all incomes, but in different countries this figure differs several times – from less than 2% to more than 10%. This is evidenced by the data of the World Inequality Database.
European aviation is preparing for the winter season with a worrying scenario: airlines may start cutting flights amid expensive fuel and deteriorating flight economics.
The country’s Justice Minister Gerald Darmanen proposed a radical step – to completely stop legal migration for three years. According to him, the republic can no longer cope with the integration of newcomers and has “reached the limit of its possibilities.
TikTok Shop is rapidly expanding across Europe, but its influence on major online retailers in the fashion industry remains limited. This is the conclusion reached by Goldman Sachs analysts in a new study on the development of social commerce.
Swedish startup W Social is preparing to launch a public beta version of its social platform in June 2026. The project is positioned as a European alternative to major social networks, including X, Insragram and TikTok.
A shootout between an armed man and members of the U.S. Secret Service took place near the White House in downtown Washington, DC. The attacker was wounded and later died in hospital. A bystander was also injured during the incident.
The European Union has officially cut off access to the digital ruble and Russian-linked cryptocurrency platforms. On May 24, the 20th package of EU sanctions came into force, which for the first time imposes large-scale restrictions against Russian cryptoinfrastructure.
Germany has renewed the historical record for the number of new citizens: in 2025, German passports were issued to 309.8 thousand people in 14 federal states alone. This is more than the previous high of 2024, when citizenship was granted to 292,000 people.
Chinese online retailer Shein is acquiring US clothing brand Everlane from majority owner L Catterton.
Russian authorities are increasing pressure on imports from Armenia. After the ban on the supply of flowers, vegetables and fruits, cognac has also come under restrictions. This can be a sensitive blow for the Armenian economy.
The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.
The state plans to sell almost a quarter of Aeroflot shares, Russia’s largest air carrier, on the market.
Montenegro is preparing for the biggest tax reform of the digital economy. The country’s authorities intend to implement the VAT model in force in the European Union and oblige international online platforms to automatically withhold taxes from users.
The US presidential administration has tightened the rules for obtaining a green card, obliging most foreigners to apply for a residence permit from outside the country. This was reported by the United States Citizenship and Immigration Service (USCIS).
Cristiano Ronaldo has once again led the world in sports – not only in the number of goals, but also in income. According to Forbes, the Portuguese forward became the highest-paid athlete of 2026, earning $300 million in the last 12 months (from May 2025 to May 2026).
Sales of KFC restaurants in Moldova decreased by 8% to RON 6.23 mln (EUR 1.2 mln) in the first quarter of 2026. This is reported by Wall-Street.ro with reference to the report of Sphera Franchise Group – the largest operator of KFC, Pizza Hut and Taco Bell chains in Romania and Moldova.
In the south of Moldova, the construction of a multifunctional production workshop, which will be part of a business incubator in Cimislia, was completed. The volume of investments amounted to 15.74 million lei.
DHL Group shares rose significantly on Friday, May 22, after Deutsche Bank sharply improved its assessment of the company from “hold” to “buy” and raised its target price from 48 euros to 56 euros. At the trades, the securities added 3.6%.
The European film industry has joined the fight against one of the biggest media deals of recent years. Industry representatives called on the European Union to scrutinize the possible merger of Warner Bros. Discovery and Paramount Skydance, fearing that the new media giant would increase Hollywood’s influence on the European market.
