Send us a message, and we will definitely consider your suggestions and comments.
Category: Global Economy
The number of Ukrainian citizens benefiting from temporary protection in European Union countries continues to rise. As of the end of May, their number reached 4.38 million, an increase of 7,800 compared to April, according to data from the EU’s statistical office (Eurostat).
The U.S. Department of Agriculture (USDA) has lowered its estimates for global grain production and ending stocks, but raised its forecast for grain exports in the 2026/27 marketing year.
The Russian Ministry of Defense reported that on Friday night, the Russian military carried out a coordinated strike on port infrastructure facilities in the Odesa region that were being used to receive, store, and transship military cargo.
Romania’s first new warship in 36 years has arrived in Constanța. The Turkish-built corvette *Contraamiral August Roman* entered Romanian waters after being commissioned in Istanbul in June. Defense Minister Radu Miruță returned on board from the NATO summit.
Global wheat prices rose sharply following a series of Ukrainian strikes against Russian ships in the Sea of Azov. On Friday, wheat futures on the CBOT in Chicago rose 2.14% to $6.33 per bushel, the highest level since late May. The September contract on the Euronext exchange in Paris gained about 3%.
Moldova will receive 100 million euros from the EU to strengthen its air defense, marking the largest European defense aid package ever approved for the country.
Moldova has announced that it will officially open negotiations on EU accession under Cluster 6, “External Relations.”
Bucharest remains the region with the highest salaries in Romania, while Sibiu has become the only county where the average annual net salary has increased by more than 10%. This is according to the latest data from the National Institute of Statistics (INS).
During a meeting in Chisinau, Corina Călugaru, State Secretary of the Moldovan Ministry of Foreign Affairs, and Ulvi Bahshaliyev, Azerbaijan’s Ambassador to Moldova, discussed the current state of bilateral relations and prospects for expanding cooperation in the economic, energy, agriculture, and transportation sectors.
Eastern Europe turned out to be the region where the number of dollar millionaires grew the fastest in 2025. Lithuania took the lead, followed by Turkey, Latvia, Hungary, and Ireland. This is according to the annual Global Wealth Report 2025 by the Swiss bank UBS.
Relations between Bucharest and Chisinau should be based on the needs of the citizens of the Republic of Moldova and respect for their will regarding a possible unification.
Romania’s economy started 2026 on a downward trend: GDP in the first quarter contracted by 1.2% compared to the same period last year. This was confirmed by the country’s National Institute of Statistics (INSSE), which left its preliminary estimate unchanged.
Global trade in dairy products has been growing steadily at a rate of approximately 2% annually. However, the structure of demand, key suppliers, and export flows have undergone significant changes over the past few years.
Bernstein has raised its gold price forecast for 2026, anticipating a new wave of demand from central banks.
U.S. President Donald Trump stated that the United States will grant Ukraine a license to manufacture an unspecified type of interceptor missile for the Patriot air defense systems, which are crucial to Ukraine’s ability to defend itself against Russian ballistic missiles. He added that production could begin in two to three months.
On July 9, Volkswagen’s Supervisory Board will review a plan for a large-scale restructuring of the company, which calls for additional job cuts and the possible closure of several plants in Germany.
The global economy is facing new risks: inflation is picking up again, and Europe’s largest economies will grow more slowly than expected. This is the conclusion reached by the International Monetary Fund (IMF), which, in its new World Economic Outlook report, revised its forecasts for a number of countries and warned of the consequences of rising energy prices and geopolitical tensions.
Acting Prime Eugeniu Osmochescu welcomed today’s vote in the European Parliament, which approved the annual report on the Republic of Moldova by an overwhelming majority and called for the immediate opening of all negotiation chapters. Osmoquescu called this decision a crucial political signal of confidence.
News from the NATO summit currently taking place in Ankara extends far beyond the scope of the Alliance’s activities. In addition to the now-familiar political statements and internal squabbles among the bloc’s members, there are also major economic initiatives that have the potential to reshape many existing perceptions of development in various regions.
At the annual NATO summit being held in Ankara, the North Atlantic Treaty Organization member states will announce the expansion of the Cold War-era oil pipeline network to Eastern Europe and Turkey, which will ensure a supply of oil to military bases in the region in the event of a crisis.
