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Category: Global Economy
The European Commission unexpectedly announced the abandonment of another key component of the Green Deal, which was met with bewilderment in the European Parliament and demanded clarification,” Logos Press reports.
At the end of May, inflation in the eurozone fell to 1.9% year-on-year and thus fell within the European Central Bank’s target zone, Logos Press reported.
Visa, the global leader in electronic payments, announced June 20 the appointment of Tareq Muhmood as regional president for Central and Eastern Europe, Middle East and Africa (CEMEA),” Logos Press reported.
More than 2,350 electric buses operate in the Russian capital Moscow, which on average carry about 1 million passengers every day,” Logos Press reports.
July gas futures began a rapid rise Monday morning amid the escalating military conflict between Israel and Iran,” Logos Press reported.
The price of Brent crude oil on the ICE exchange rose by 13% after Israel’s attack on Iran,” Logos Press reported, citing Bloomberg.
A number of global companies have curtailed their anti-discrimination DEI programs following President Trump’s executive order. We are talking about Meta (parent company of Facebook), Alphabet, which owns Google, Amazon, Ford, Starbucks, McDonald’s and others. – Logos Press reports.
The high key rate of the Russian Central Bank, “overstocking” of some segments of the Russian market and lower demand for foreign currency were the key reasons for the ruble’s “success” in 2025, – Logos Press reports.
Donald Trump is pressuring Serbia and other Balkan countries to accept migrants deported from the U.S., Logos Press reported, citing Bloomberg.
European Union authorities have allowed member countries to redirect 335 billion euros from the anti-COVID-19 fund to defense spending,” Logos Press reports.
On Monday, June 2, Ukraine refused to make payments to holders of $2.6 billion in debt securities, thereby allowing a sovereign credit default, Logos Press reported.
On the agenda of a meeting of ambassadors of the 27 EU countries in Brussels on June 4 is the introduction of fees for certain types of hand luggage and a review of the standard for receiving compensation in case of flight delays,” Logos Press reported.
