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Category: Global Economy
Slovak President Peter Pellegrini, Prime Minister Robert Fitzo and National Council President Richard Rasi reiterated a unified position on the non-provision of military aid to Ukraine after a joint lunch on Saturday, Logos Press reported.
EU member states on Jan. 9 gave the green light to sign an agreement with Mercosur, paving the way for the creation of a vast trade bloc between Europe and Latin America, Logos Press reported.
Dacia and Ford plants in Romania will produce a total of 545,510 vehicles in 2025, down almost 3% from the record year 2024, according to Logos Press.
A consortium led by Irish company TechMet has won the tender for a mineral production sharing agreement for a lithium site in Kirovograd region of Ukraine, Logos Press reports.
In 2026, the United States will allocate only $400 million dollars for military aid to Ukraine, and the same amount of aid is planned for 2027, Logos Press reported.
The US plans to make big changes to Venezuela’s oil industry. US President Donald Trump said that American oil companies will now be able to invest in Venezuela to “repair the badly damaged oil infrastructure and start making money for the country”, Logos Press reported, citing RBC.
Ambassadors from the 27 EU member states are voting Jan. 9 in favor of the Mercosur deal, with a positive outcome that could allow European Commission President Ursula von der Leyen to sign the agreement in Latin America next week, Logos Press reported.
Despite a ban on large farm vehicles traveling through the French capital, angry farmers rallied at the Arc de Triomphe, the Eiffel Tower and the National Assembly to force French authorities to take a tougher stance on a free trade agreement with the South American bloc Mercosur and to take more effective measures to combat the epizootic of nodular dermatitis, a highly contagious disease for cattle. – Logos Press reports.
As part of Moldova’s commitment to the European Union, Chisinau has joined EU sanctions imposed against Turkey for “unauthorized exploration activities and drilling” in the Eastern Mediterranean, Logos Press reported.
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.
Ukrainian President Volodymyr Zelensky said that Ukraine and Moldova should move in a coordinated manner towards membership in the European Union, emphasizing the importance of simultaneous progress in negotiations with the EU, Logos Press reported.
Chevron and private investment group Quantum Energy Partners are teaming up to bid for foreign assets of Russian oil company Lukoil.
The EU executive is seeking the support of a majority of the 15 EU members to approve the signing of a free trade agreement with South American bloc Mercosur by Jan. 12, but so far has been unable to achieve a sustainable margin, Logos Press reported.
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.
