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Category: Global Economy
Amid a U.S. Supreme Court case on the legality of import duties, more than a thousand American companies have sued President Donald Trump in hopes of recouping a share of the duties paid so far, totaling billions of dollars, Logos Press reported.
US authorities are working on a large-scale plan to establish long-term control over Venezuela’s oil industry. This initiative will help drive oil prices down to $50 per barrel.
The Cabinet of Ministers of Ukraine adopted Resolution No. 1767 “On Amendments to the Resolution of the Cabinet of Ministers of Ukraine No. 451 of May 21, 2012 and No. 1091 of September 27, 2022”, which optimized customs procedures in the ports of the country, – reports Logos Press.
Chevron and private investment group Quantum Energy Partners are teaming up to bid for foreign assets of Russian oil company Lukoil.
Russia’s central securities depository has blocked about $500 million worth of Telegram bonds due to Western sanctions, although the company and its founder Pavel Durov have publicly distanced themselves from Moscow, Logos Press reports.
Individual entrepreneurs in Ukraine are closed on average for 2.4 years, while the business of couriers turned out to be the least survivable, – reports Logos Press.
The United States will contribute $2 billion to U.N. humanitarian aid programs, up from about $17 billion in 2022,” Logos Press reported.
On the last day of 2025 in Ukraine it was reported about the entry of a new player into the financial market – Estonian group IUTE has acquired the bankrupt RwS Bank and is creating a new institution on its basis “IUTE Bank”, – reports Logos Press.
Last year was not a good year for one of the world’s largest gas companies – Gazprom shares lost 4% in value and continue to remain under pressure from a number of unfavorable factors and risks, – Logos Press reports.
In late December 2025, Turkey announced the completion of a feasibility study and design for its own spaceport and launched the first phase of an ambitious project to build its own space infrastructure, Logos Press reported.
Eight oil-exporting countries that are members of OPEC+ (Russia, Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman) have agreed to maintain stable production levels, Logos Press reported citing Reuters.
US President Donald Trump gave an emergency press conference where he said that Operation Absolute Resolute in Venezuela had gone perfectly. But most importantly, the United States will run the country until there is a safe transition.
