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Category: Global Economy
In the first quarter of 2025, the rate of new business registrations in the EU fell by 5.1%,” Logos Press reported.
Japanese automaker Honda Motor nearly halved its net profit in its fiscal first quarter to $1.33 billion, Logos Press reported.
The EU has frozen retaliatory trade duties against the United States after the deal between Trump and von der Leyen, but can always reactivate them, Logos Press reports, citing DW.
The International Monetary Fund (IMF) has improved its global growth forecast. Experts believe that Donald Trump’s trade war will do less damage to the global economy than initially feared, and the weakening of the dollar will soften the blow from duties for US trading partners, – reports Logos Press with reference to ProFinance.ru.
“A ‘strategically important step’ Ukraine and Azerbaijan intend to take to establish gas supplies on a long-term basis along the Trans-Balkan corridor, Logos Press reported.
Moldova ranked last, 32nd in the rating of gasoline availability in European countries, compiled by RIA “Novosti”, – reports Logos Press.
United States President Donald Trump and European Commission chief Ursula von der Leyen found compromises on reciprocal duties at talks in Scotland on July 27, Logos Press reported.
Gas quotations on the morning of July 25 on European exchanges fell to a three-month low of less than 32 euros/MWh or $400 per 1,000 cubic meters,” Logos Press reported.
Serbia’s central bank has decided to move all of its gold reserves worth about $6 billion home, Logos Press reported, citing Bloomberg.
EU Commissioner for Democracy, Justice, Rule of Law and Consumer Protection Michael McGrath has been left shocked by the toxicity and danger of some products sold by Shein and Temu amid tough measures against popular Chinese retail platforms – Logos Press reports.
The United States has again announced its withdrawal from UNESCO because of the organization’s “anti-American vector” – Logos Press reports.
Two EU countries – Hungary and Slovakia – intend to build a new oil pipeline to supply Russian oil, contrary to the desire of the EU authorities to completely abandon energy from Russia, – reports Logos Press.
