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Category: Global Economy
The conflict between the U.S. and Iran has triggered a jump in pistachio prices.
Developing countries could face a shortfall of 800 million jobs over the next 10 years, increasing the risks of migration and social instability.
The dollar has surged, oil is back above the $100 mark, and U.S. stock futures have fallen. Trump warns that oil and gasoline prices could remain high until after the midterm elections. The blockade of Iranian ports risks spreading the war to the high seas.
U.S. Central Command (CENTCOM) said the blockade of maritime traffic to Iranian ports will begin at 10:00 a.m. ET (5:00 p.m. CT) on April 13.
The exchange rate of the Hungarian forint rose sharply after Orbán’s election defeat. A convincing victory for the pro-European opposition is expected to help unlock billions of euros of European Union funding.
In the 2026-27 marketing year, Ukraine will increase sunflower and rapeseed acreage at the expense of a decrease in soybean acreage. At the same time, the total area under oilseeds in this country will remain stable due to, among other things, relatively good weather conditions in spring of this year
Taking into account existing and planned projects, the total capacity of nuclear power generation could reach almost 186,000 megawatts. This would put the country well ahead of the United States, which is still ranked number one in the world. This potential shift reflects China’s broader desire for reliable energy amid growing demand for electricity.
In the first quarter of 2026, Turkish carpet manufacturers increased exports of their products and brought the amount of export revenue to $634.4 million.
The United States has agreed to unfreeze $6 billion worth of Iranian assets held in Qatar and banks in other countries.
In Germany at the beginning of 2026, the rental housing market has fallen. According to the results of the first quarter, the demand decreased by 3-4%. In annual terms, the decline was more noticeable: in the largest cities of the country it amounted to 14%.
The consequences for the EU if the U.S. tariff regime remains in place are not uniform. Most noticeably, trade wars will continue to hit Germany and Belgium as export-oriented economies. As an alternative to such a scenario, analysts see the EU using the window of opportunity to restructure its trade strategy.
According to the International Monetary Fund, the Republic of Moldova is in the fifth place in the world in terms of population decline. Over the last 25 years, the number of inhabitants of the country has decreased by 19%.
The European Commission is preparing to lower its growth forecast for this year because of the conflict in the Middle East.
Iran has not yet restored full-fledged shipping to the Strait of Hormuz because it is unable to detect and disarm all the mines planted in the waters.
Markets remain positive amid uncertainty, with the truce between the US and Iran looking fragile ahead of talks between the two countries scheduled for Saturday.
The International Monetary Fund (IMF) is warning of 45 million people at risk of food shortages and is preparing 42.9 billion euros of emergency aid.
Iran demands payment for passage through the Strait of Hormuz in cryptocurrency.
On the world’s leading exchanges, quotations of wheat futures rose by 0.7%, partially recovering the preliminary fall caused by the “psychological relief” in the global grain market after the announcement of a truce.
About one-third of Romania’s National Program for Recovery and Reform (PNRR) is behind schedule, which could result in the loss of billions of euros in EU aid and billions more in penalties.
The dollar fell sharply against all key currencies, following a two-week ceasefire agreement between Iran and the US. This agreement led to a significant drop in oil prices and weakened demand for the dollar as a defensive asset in the conflict.
