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Russian authorities are increasing pressure on imports from Armenia. After the ban on the supply of flowers, vegetables and fruits, cognac has also come under restrictions. This can be a sensitive blow for the Armenian economy.
In the near future, the world economy risks a crisis comparable to the 2008 recession.
The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.
European pork production, consumption and exports will continue to decline. An important reason is the consequences of ASF in Spain. Experts of the European Commission expect that pork production in the EU-27 countries in 2026 will decrease by about 1.0% to about 21.76 million tons.
For the first time since 2022, global grain production will decline this year. The main reasons are a decrease in planted area and lower average yields of cereal crops. This is the latest forecast from the International Grains Council (IGC), according to forecasts,
The European Union has officially rejected the UK government’s proposal to create a separate single market for goods. Brussels responded by rejecting London’s initiative aimed at deepening bilateral trade relations, confirming that any attempts to obtain selective privileges without meeting all membership conditions are ruled out.
Moldova is still underrepresented in the scholarship and grant programs of the International Visegrad Fund, said Linda Kapustova Gelbihova, the fund’s executive director, who visited Moldova for the first time this week.
The US presidential administration has tightened the rules for obtaining a green card, obliging most foreigners to apply for a residence permit from outside the country. This was reported by the United States Citizenship and Immigration Service (USCIS).
Over the next five years, the balance of power among the world’s largest economies may change significantly. India will make the most impressive leap to the top of the list.
The Council of the European Union has decided to suspend customs duties on imports of nitrogen fertilizers used in the bloc’s agriculture for a year. This measure is designed to reduce the costs of European farmers by about 60 million euros.
On Friday, investment bank JPMorgan warned that Turkey’s central bank is likely to raise its key interest rate to 40%. The increase could come before the next scheduled meeting in June, given the current market volatility caused by political factors.
Latvia’s Ministry of Economy has signed an agreement with food traders to reduce the VAT rate from 21% to 12% on basic food products in stores from July 1 this year. The list includes bread, fresh milk, chilled poultry meat and eggs.
DHL Group shares rose significantly on Friday, May 22, after Deutsche Bank sharply improved its assessment of the company from “hold” to “buy” and raised its target price from 48 euros to 56 euros. At the trades, the securities added 3.6%.
The European film industry has joined the fight against one of the biggest media deals of recent years. Industry representatives called on the European Union to scrutinize the possible merger of Warner Bros. Discovery and Paramount Skydance, fearing that the new media giant would increase Hollywood’s influence on the European market.
The European Commission said Thursday it has sharply lowered its forecast for Romania’s economic growth in 2026 to 0.1 percent from 1.1 percent projected last fall.
Online stores and national pavilions under the brand “Made in Moldova” may appear in China. The Chinese Minister of Agriculture Zhang Zhu proposed to open them directly on the largest Chinese trade platforms during a meeting with Moldovan Foreign Minister Mihai Popşoi.
A US official will visit the St. Petersburg International Economic Forum (SPIEF) for the first time in several years. Rodney Mims Cook, head of the US Federal Commission of Fine Arts, will come to St. Petersburg this year.
The Agency for Competition and Consumer Protection of Georgia announces its intention to create a unified information platform for monitoring the Family Basket program.
Germany’s economy grew by 0.3% in the first quarter of 2026 thanks to an increase in exports. According to official data, exports grew by 3.3% quarter-on-quarter, while investment fell by 1.5%.
The MEPs “deeply regret” Baku’s decision to end cooperation with the European Parliament and call on Azerbaijani colleagues to resume dialog, “even and especially when discussions have become uncomfortable.”
