Romania may face not a technical recession, but a full-fledged economic crisis in case of a new decline in GDP. This was stated by the leader of the Social Democratic Party of Romania, Sorin Grindeanu, against the background of the deterioration of the country’s macroeconomic indicators.
AI company Anthropic has closed one of the largest infrastructure deals in the history of the industry, gaining access to the entire computing power of SpaceX’s Colossus 1 data center. This includes more than 220,000 Nvidia GPUs and over 300 megawatts of computing power, a resource that was recently used to develop Ilon Musk’s rival xAI project.
The European Union intends to hold a meeting of foreign ministers of member states by the end of May to determine the topics and formats of possible negotiations with Russia. This was announced by the head of European diplomacy, Kaja Kallas, on 11 May.
The U.S. Department of Defense is expanding the use of artificial intelligence in national security systems. The Pentagon has allowed a number of major technology companies, including OpenAI, Google, Microsoft and Nvidia, to work with classified, high-security military networks.
“Dear citizens of the Republic of Moldova, dear friends! It is a great honor for…
India is rapidly strengthening its position as one of the world’s largest IT and AI development centers. The revenues of global technology centers operating in the country have already approached levels that were previously expected only by 2030.
A Chinese company that produces festive fireworks for the U.S. market has reported an increase in interest in its products amid preparations for U.S. Independence Day celebrations and Donald Trump’s expected visit to China.
Infrastructure financing, transport corridor development, logistics modernization, digitalization of transport processes and the use of innovative technologies to improve efficiency and connectivity were the focus of discussions at the annual summit of the International Transport Forum (IFT).
Energy Minister Dorin Jungietu made a working visit to the oil field in Valeni (Cahul district) to assess the state of the existing infrastructure and prospects for the development of hydrocarbon resources extraction in Moldova.
Washington and Beijing may for the first time establish a formal mechanism for negotiations on artificial intelligence, a technology that is increasingly rapidly transforming from a commercial tool into an element of the global geo-economy and strategic security. The initiative is being discussed against the backdrop of an ongoing technological standoff between the world’s two largest economies.
Strengthening institutional capacity to implement carbon tax mechanisms and green transition policies was discussed at a regional workshop in Vienna. Moldova was represented at the event by Caroline Gargaun, Deputy Director of the Customs Service.
European experts will assist Moldova in drafting by-laws for a new law on geographical indications, guaranteed traditional specifications and optional quality conditions. They will also assess the existing institutional framework and make the necessary recommendations to ensure an effective system for the protection, management and valorization of products with geographical indications.
In the city of Zinzig in western Germany (Rhineland-Palatinate), unknown persons took hostages in a bank branch.
The Indian rupee has hit an all-time low amid rising oil prices, capital outflows and heightened global uncertainty. Pressure on the currency market is increasing risks for one of the world’s fastest growing major economies.
China is stepping up its drive for technological autonomy in the semiconductor industry by increasing production of silicon wafers for artificial intelligence chips. The country’s authorities expect to increase the share of domestic silicon wafers in the national industry to 70% against the backdrop of US export restrictions and the global AI boom.
The United States Department of Justice has launched an investigation into suspicious bets on oil futures ahead of news of a war with Iran. Traders made such transactions totaling $2.6 billion amid a periodic spike in trading activity in the oil market shortly before important announcements about the situation around Iran.
Moldova is becoming increasingly dependent on external financing. At the same time, reform-driven financial instruments are increasingly being replaced by “politicized financing”, with economic criteria taking a back seat. This can be considered the beginning of a dangerous slide for the country.
On May 6, the Chamber of Commerce and Industry of the Republic of Moldova organized, on the platform of the Sectoral Entrepreneurship Committee, a public-private dialogue on the regulation of sugar production and import and the search for balanced solutions for the entire value chain in this sector.
The reigning winner of the Champions League last season, PSG, will play in the final of Europe’s premier club tournament for the second time in a row. On the evening of May 6 in Munich, the club from Paris played a draw with local Bayern Munich in the return match of the semifinal of the Champions League 2025/26 – 1:1 and on the sum of the two meetings reached the final.
Media magnate and philanthropist Ted Turner, the founder of CNN TV channel died at the 88th year of life. This was reported by CNN with reference to the press release of Turner Enterprises.
