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Category: Global Economy
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.
On January 1, 2026, China will resume charging value-added tax (VAT) on the sale of condoms and birth control pills after 30 years, Logos Press reports.
Europe’s technological capabilities do not secure all data in European cloud resources alone. The digital market is dominated by Americans. This is the opinion of Miguel de Bruycker, head of the Belgian Cybersecurity Center, Logos Press reports with reference to the Financial Times.
The tourist capital of the Mediterranean, as Antalya is called in Turkey, welcomed 17,122,548 vacationers in 2025, another record high, Logos Press reported.
Between 2026 and 2028, Ukraine will have to pay an average of more than $28 billion (1.19 trillion hryvnia) annually to repay its foreign debts, Logos Press reported.
On January 1, the UK and more than 40 other countries began implementing new tax rules for cryptoassets, Logos Press reported, citing the Financial Times.
Trump showed utter ignorance in his meeting with Zelensky at Mar-a-Lago, claiming a pro-Russian stance, Logos Press reported, citing WP.
The most significant changes in the last decade in the road toll system will come into effect in Romania on January 1, 2026, Logos Press reported.
Steel and aluminum importers in the EU will start paying a tax on CO2 emissions from their products from January 1, 2026. Critics see the new measures as protectionist, arguing that they will harm trade, Logos Press reported, citing Euronews.
US President Donald Trump’s company Trump Media will issue a new cryptocurrency for its shareholders, according to Logos Press.
Now subscribers of Moldovan operators can make calls, send SMS and use mobile Internet in 27 EU countries without roaming charges – under the same conditions as at home.
Moldova’s minimum wage has reached 6,300 lei (about 320 euros) as of January 1, 2026. This is almost as much as in Belarus, higher than in Russia and Ukraine, but significantly lower than in the nearest euro zone countries,” Logos Press reported.
Forbes USA has published a global ranking of dollar billionaires. This year there were 3028 billionaires in it – and this is a new record of the list (in 2024 the number of billionaires in the world reached 2781 people). The total fortune has also increased – from $14.2 trillion last year to $16.090 trillion this year.
In 2025, the title of “economy of the year” was awarded to Portugal, which topped the ranking out of 36 countries.
Mark Zuckerberg’s tech giant Meta is set to buy Singapore-based artificial intelligence startup Manus for more than $2 billion to compete with strong opponents like Google and OpenAI – Logos Press reports.
Bulgaria will give up its national currency, the lev, and from January 1, 2026 will become the 21st country to join the euro zone, – reports Logos Press.
The dollar is headed for its steepest annual decline since 2017, and Wall Street predicts the currency will weaken further into 2026 as well, Logos Press reported.
Chinese automakers by the end of 2025 for the first time will be able to surpass Japanese brands in terms of global sales, – reports Logos Press.
