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Gold still has the potential to rise to $5,200 per ounce, but the path to that level is quite challenging. The main obstacle remains the U.S. Federal Reserve’s (Fed) hawkish policy, which is keeping interest rates high and dampening investor interest in safe-haven assets.
The group stage matches are underway at the World Cup, but so far there have been few real upsets or exciting soccer. Fortunately, there have been virtually no major scandals involving refereeing—the intensity of the matches hasn’t yet reached the point where every refereeing mistake is seen as a “death blow” to one team or another.
The Ministry of Health is developing a unified digital platform called “Electronic Medical Record.” The system will consolidate existing databases, facilitate the rapid exchange of information between agencies, and provide immediate access to up-to-date patient medical records.
Over the past four years, the staff of government agencies and ministries has nearly doubled. As part of the administrative reform, the authorities are curtailing local power with one hand while expanding central power with the other.
There are approximately 170,000 public sector employees in Moldova. The Ministry of Finance assures that most of them will receive a salary increase ranging from 10% to 30% starting September 1, 2026. The main increases will apply to employees in the education, healthcare, social protection, national defense, and public order sectors.
The all-time record for the largest lottery jackpot in world history is $2.04 billion. It was won on November 7, 2022, in the U.S. Powerball lottery. The winning ticket was purchased in California. The winner, Edwin Castro, chose to receive his winnings as a lump-sum payment of $997.6 million.
Tomorrow, June 22, the European Union–Republic of Moldova Summit will take place in Brussels.
FIEZOLE—In a short essay published nearly 40 years ago, French writer Emmanuel Carrère noted that alternative history (imaginary chronicles of what might have been) is driven by a strong sense of intolerance toward the inevitable.
Germany’s government budget deficit is projected to rise to 5% of GDP in 2027, according to data from the Ifo Institute for Economic Research.
The Yerevan City Hall has decided to celebrate Vardavar in grand style—the famous Armenian holiday during which the entire city turns into a massive “water frenzy” and passersby are doused with water en masse. A total of 199.5 million drams (more than $500,000) has been allocated to organize the festivities.
Dumitru Vangeli, head of MoldATSA, the State Enterprise for Airspace Management and Air Traffic Services, will be relieved of his duties effective June 22.
Residents of the Coșnița commune in the Dubăsari district are voting today in a local referendum to decide the fate of the sand quarries that have sprung up right next to their homes. Residents will vote on whether they agree to ban mineral extraction within one and a half kilometers (or, more precisely, 1.2 km) of the boundaries of the villages of Coșnița and Pohrebea.
Over the past three years, the share of small farms in Moldova’s agricultural land use structure has been declining. At the same time, the shares of agricultural enterprises and—surprisingly—households have been increasing.
The Ministry of Finance has launched an online calculator that helps employees calculate how their salaries will change following the tax reform.
The Romanian Navy has officially commissioned the corvette “Rear Admiral August Roman” (261), a “Hisar”-class vessel built in Turkey and purchased for 220 million euros.
France is imposing restrictions on alcohol consumption in public places and outdoor sports due to the current heat wave.
European retailers are warning of rising prices and weakening demand due to the protracted conflict in the Middle East. The situation is having a significant impact on fuel prices, logistics, and consumer sentiment.
Italy, Greece, and Switzerland are actively attracting high-net-worth individuals from around the world, while the United Kingdom, Germany, and France are losing ground in the competition for wealthy residents. This is the conclusion of the Henley Private Wealth Migration Report 2026.
Iran has warned that it will halt energy supplies from the Middle East if the agreements reached with the United States are not fulfilled. This was stated by Mohammad Mohber, an adviser to the Supreme Leader of the Islamic Republic.
FTX founder Sam Bankman-Fried, who is serving a 25-year sentence for one of the largest financial frauds in history, is making ambitious plans for life after his release. He told his cellmate that he would need $50 million to $100 million in seed capital to “make serious money,” and mentioned a cryptocurrency project that “everyone will flock to.” At the same time, he appealed to Donald Trump for a presidential pardon, and his parents hired lobbyists.
