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E-commerce giant Amazon has closed its fulfillment center in Abu Dhabi, suspended deliveries across the region and instructed its employees in Saudi Arabia and Jordan to stay home.
China’s official business activity index (PMI) for the manufacturing sector remained below the 50 mark for the second consecutive month, indicating a continued contraction in output amid weak domestic demand and low investment.
The Cabinet of Ministers of Ukraine is preparing a draft decree on introducing a licensing regime for imports of grapes, wine and alcohol from Moldova. This decision protects Ukraine’s economic interests and is a response to the Moldovan side’s restriction of exports of Ukrainian poultry meat, by-products and products containing poultry meat.
In the short term, the growth of exchange quotations for wheat will continue. Grain prices are always tightly linked to oil prices and the US dollar exchange rate. Attacks on Iran have already been converted by rising oil prices and strengthening of the dollar. In this nexus, a rise in the prices of fast traded agri-food commodities is inevitable.
Oil futures rose sharply by more than 8% in early trading on Monday, reaching a multi-month high. In the first trading after the attacks on Iran, Brent crude, the international benchmark, rose 13% to reach $82.37 a barrel. However, it later corrected slightly and rose another 7% in London.
Financial markets in the UAE have temporarily suspended operations amid a sharp aggravation of the situation in the region. The decision was taken to protect investors and stabilize the financial system.
After new military strikes by the U.S. and Israel on the territory of Iran, the U.S. dollar will receive short-term support. This was stated by analysts of major banks, reports Logos Press.
The global energy sector is bracing for the most significant disruption in four years. As the conflict in Iran escalates, the Strait of Hormuz, the world’s most important transportation artery for liquefied natural gas (LNG), has come to a near standstill. Iran has characterized the waterway as “virtually closed,” effectively blocking 20 percent of the world’s LNG supply.
Operating in China for a year and a half, Lovere’s equipment demonstrates how technology monetizes waste streams, helping to move from a passive approach to recycling to the active participation of people in the processes of the circular economy.
The National Authority of Constanta Seaports plans to cover the acquisition of Danube Logistics, operator of the Giurgiulesti International Free Port (Moldova), by raising a total of 281.6 million Romanian lei ($65.41 million) from shareholders, Logos Press reported.
A law abolishing the special status for Ukrainians, which has been in effect since the beginning of the war in Ukraine, will come into force on March 5. From that date, they will be subject to the general rules of Polish legislation regarding the principles and norms of temporary protection of foreigners, Logos Press has reported.
Moldova is among the countries that will benefit from the reduction of US trade duties, Beata Javorczyk, chief economist of the European Bank for Reconstruction and Development (EBRD), told AFP news agency, Logos Press reported.
Romania’s government has adopted two emergency decrees that include layoffs in the public administration and spending cuts, as well as a package of fiscal and support measures aimed at boosting economic recovery, Logos Press reported.
The Ukrainian labor market is showing surprising resilience – unemployment in the country is only slightly above pre-war levels, according to Logos Press.
World gold prices stabilized on Wednesday morning after a sharp decline the previous day. Investors are ambivalent about the new U.S. tariff policy, Logos Press reports.
US President Donald Trump delivered his State of the Union address to Congress, breaking his record for the longest speech – it lasted 108 minutes, according to Logos Press.
S&P Global Ratings has upgraded Armenia’s rating outlook from “stable” to “positive”, expecting GDP growth of 5.3% in 2026 and 4.8% in 2027, amid further normalization of relations with Azerbaijan, Logos Press reports.
Tougher U.S. trade policy and rising tariff barriers are accelerating the redistribution of global supply chains, among the main beneficiaries of which analysts name China, according to Logos Press.
In Montenegro, housing is getting cheaper, while prices are determined by domestic demand, reports Logos Press with reference to Prian.
The U.S. Customs and Border Protection agency said it will suspend duties imposed under the International Emergency Economic Powers Act effective Feb. 24, according to Logos Press.
