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Category: Global Economy
Shipments of pharmaceutical products from the USA to Russia in March increased more than 300 times compared to the previous month.
The International Energy Agency (IEA) has worsened the forecast for global oil demand in 2026 due to the military conflict in the Middle East. Daily demand reduction is expected at the level of 418 thousand barrels per day to the level of 104 million bpd. The forecast is worsened by 334 thousand bpd compared to the April estimate, and the peak of the decline is expected in the second quarter – 2.45 million bpd.
On Wednesday, the dollar held near a one-week high despite increased uncertainty in the Middle East. Traders analyzed data on inflation in the US, which turned out to be higher than forecasts. Over the past 12 months ending in April, the U.S. consumer price index (CPI) rose 3.8%, the largest annual increase since May 2023. This increase was driven by the oil crisis, which put pressure on prices.
On the sidelines of a working visit to Bucharest, Moldovan Parliament Speaker Igor Grosu was received at the Elizabeta Palace by Her Majesty Margareta. He thanked the Royal House of Romania for its constant support for Moldova and for its active participation in the development of economic, cultural and European ties between the two countries.
The meeting between Donald Trump and Chinese President Xi Jinping is designed to prolong the truce between the two major economic and military powers of the planet, concluded last fall, but will not be able to resolve any direct problems in bilateral relations, much less address indirect problems, including Russia’s war against Ukraine, experts believe.
Moldova’s chairmanship of the Committee of Ministers of the Council of Europe ends this week. The “farewell” ceremony will take place in a solemn atmosphere in the presence of numerous delegations, after which Moldova’s mandate will pass to the Principality of Monaco.
Spain, Ireland, Iceland, Iceland, the Netherlands and Slovenia have decided not to send their performers to Eurovision-2026 because of Israel’s participation amid the war in the Gaza Strip. This was the largest boycott in the history of the music contest, the BBC notes.
Exxon and Shell are resuming Arctic exploration under Donald Trump’s slogan “Storms, Crumbs, Storms.” They are seeking to replenish reserves, diversify portfolios and maximize profits from Donald Trump’s policy of ramping up fossil fuel drilling, even though they recently claimed otherwise. Record investments and the success of new projects promise to exceed all expectations, in what experts see as a great success of the U.S. administration’s public policy.
Sweden, long considered a symbol of the European socio-economic model, is gradually changing its approach to the economy by lowering taxes, reducing regulation and strengthening the role of private capital.
Copper prices rose above the key mark of $14 thousand per ton, approaching historical highs. The market continues to grow despite the increased nervousness on global platforms due to the aggravation around Iran.
For weeks now, Iran’s mullahs regime has been blocking the world’s most important trade route – few tankers now pass through the Strait of Hormuz. Now Tehran also wants to charge for the use of fiber-optic cables laid in the strait, Iran’s Tasnim news agency reported.
The European Commission has confirmed that rising jet fuel prices cannot be a reason to deny passengers compensation for canceled flights.
U.S. businesses, labor unions and lawmakers from both parties have stepped up pressure on Donald Trump ahead of his meeting with Chinese President Xi Jinping, urging against even a partial opening of the U.S. market to Chinese cars.
Staking yields are declining across all major chains. In ethereum it has dropped to the level of about 3% per annum, and this is not a temporary phenomenon. The reason is the growth in the number of participants, changes in the revenue structure and other factors.
The Hungarian real estate market and under former Prime Minister Viktor Orban was the fastest growing in the EU: according to Eurostat, in 2025 it grew by 23.7%.
After weeks of Russian Urals crude benefiting from a global supply shortage, the market has suddenly changed direction. The Urals discount to benchmark Brent crude increased for the first time since the start of the war in Iran.
European Affairs Ministers from the 27 Member States and candidate countries discussed the importance of EU enlargement in a complex geopolitical context and the role of rule of law reforms in strengthening European security, sustainability and unity.
If Moldova joins the European Union, it will not be included in the Schengen zone because free movement is impossible without control over Transnistria. This is stated in an analytical article by European affairs and international relations expert Martin de La Garanderie, published by the Friedrich Numann Foundation.
The main flight routes were in the vicinity of Havana and Santiago de Cuba. The operations involved P-8A Poseidon patrol aircraft designed for maritime reconnaissance and surveillance, as well as RC-135V Rivet Joint electronic surveillance aircraft and MQ-4C Triton high-altitude drones. The Pentagon declined to comment on the developments.
A large-scale nationwide strike is planned for May 12, 2026 in Belgium, organized by the country’s largest trade unions in protest against the government’s socio-economic policies, working conditions and planned reforms in the pension system. Severe disruptions in public transportation and air travel are expected.
