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Category: Global Economy
Ukraine’s Finance Ministry said April 24 that it has failed to reach an agreement with holders of $2.6 billion in debt obligations, making it nearly impossible to make payments due in May, Logos Press reported.
The European Commission has fined American corporations Apple and Meta 500 million euros and 200 million euros respectively for violations of the law on digital markets, – reports Logos Press with reference to DW.
Trade in goods worldwide will decline at an annualized rate of 0.2% in 2025, although as recently as last October a growth rate of 3% was forecast,” Logos Press reported.
Turkey on April 11 commissioned the first Turkish communications satellite, Türksat 6A, and became the 11th nation in the world capable of producing its own communications satellites, Logos Press reported
Global natural gas consumption reached a record level in 2024, totaling 4.17 trillion cubic meters, according to the new 2025 Gas Market Report by the Gas Exporting Countries Forum (GECF), Logos Press reports.
Military representatives from a number of countries in the Black Sea region will meet April 15-16 in Ankara to discuss maritime security issues following the ceasefire in Ukraine, Logos Press reported.
India has opened a chamber of commerce in Romania, which will also operate in Moldova,” Logos Press reported.
Ukraine urges the EU leadership to speed up the country’s accession to the bloc, considering the move an “investment in Europe’s strength,” Logos Press reported.
The EU will restore pre-war quotas for Ukraine as the emergency trade agreement expires, Logos Press reported, citing Politico newspaper.
US President Donald Trump spoke at a Republican National Committee dinner at the National Building Museum in Washington, DC, where he again made a number of high-profile statements,” Logos Press reported.
U.S. President Donald Trump wrote in his Truth Social account on the evening of April 9 that he is raising customs duties on goods from China to 125% and reducing duties on goods from other countries to 10% for 90 days,” Logos Press reported.
The EU wants to impose an import duty on all goods from China’s Temu, Aliexpress and Shein,” Logos Press reported, citing the Financial Times.
