News about International trade
Tesla CEO Ilon Musk has announced a massive investment in Japan to dramatically expand its service infrastructure and network of charging stations.
The fight against illegal listings on Airbnb and other short-term rental platforms is reaching a new level. After a series of court decisions in Spain, the pressure on rental services is intensifying in France. It is no longer just about landlords, but also about the online platforms themselves.
Germany is preparing major changes that will allow foreign graduates of vocational programs to start working immediately after graduation, according to Logos Press.
European Union countries granted citizenship to nearly 1.2 million people, the highest number in a decade, according to Logos Press.
The desire of Norway and Iceland to join the EU may slow down the integration process of Ukraine and Moldova. The enlargement policy against the backdrop of Europe’s confrontation with the United States tends to favor more financially secure countries.
The Russian tanker Anatoly Kolodkin with a humanitarian cargo of 100,000 tons of oil has arrived in Cuba, the Russian Transport Ministry said in a statement. It became the first vessel to deliver oil to Cuba since U.S. President Donald Trump announced on January 29 an energy blockade of the island (the decree provides for the possibility of imposing duties on countries violating the U.S. unilateral ban).
The U.S. president, along with aides, concluded that an attempt to deblock the strait would prolong the conflict more than originally planned. Washington also intends to demand that allies seek to open the strait.
The four largest producers of dairy products in Ukraine account for almost one-third of revenues in the dairy business in Ukraine.
The government will examine a draft agreement between the Moldovan Interior Ministry and the Department of Transport and the Irish Road Traffic Safety Authority on the mutual recognition and exchange of driving licenses.
US President Donald Trump has said he wants to “seize oil in Iran” modeled on a scenario in Venezuela.
The Moldovan government plans to conclude a legal assistance contract to represent the state in Ukraine. The matter concerns the procedure of recognition and enforcement of the judgment of the Paris Court of Appeal (CA Paris) of January 10, 2023.
Experts agree that the Iranian crisis will significantly affect food prices in Europe. They will increase due to disruptions in fertilizer and energy supplies, as well as rising delivery costs and demand for biofuels.
WTO reform is a top priority for most member states, including the Republic of Moldova, and is considered necessary to adapt the organization to the new global economic realities and strengthen its core functions.
The G7 foreign ministers agreed to participate in the mission to secure the Strait of Hormuz, but only after the U.S. and Israel’s war with Iran is over.
Kiev customs officers have prevented 39 archaeological items of cultural value from being illegally sent outside Ukraine in international mail. Residents of Kharkiv, Prykarpattia and Vinnytsia regions tried to send them to the USA, France and Italy.
About 100 Moldovan companies since January this year have become participants in the MoveUp program, aimed at strengthening skills in logistics and transport.
Italian antitrust authority AGCM said on Friday it has launched an investigation into LVMH and its Sephora and Benefit Cosmetics units over the possible promotion of cosmetics aimed at adults to children and teenagers.
Exactly 20 years ago, Russia first imposed an embargo on Moldovan wines. Direct losses of winemakers are estimated at $300 to $500 million.
The war will affect international payment systems and capital markets more than is currently thought. It is naïve to think that if the Strait of Hormuz is opened, everything will work itself out. Petro-dollars may be replaced by the yuan or another global currency. And global mutual settlements between countries will no longer be based on single payment systems like SWIFT.
The European Bank for Reconstruction and Development (EBRD) said on Thursday that Moldova and North Macedonia are likely to be among the countries most affected by the war in the Middle East among the 40 countries in which the bank operates.
