News about Macroeconomics
The Russian ruble has become the leader in strengthening against the dollar among world currencies in the current quarter.
Chinese leader Xi Jinping has admitted during talks with US President Donald Trump that Russian President Vladimir Putin may eventually regret invading Ukraine.
U.S. President Donald Trump said he was postponing a planned new strike on Iran on Tuesday at the request of Gulf states because “serious negotiations are now underway.”
Pedagogical staff and managerial personnel affected by the reorganization of state institutions of general education will be able to receive a one-time allowance for “relocation” in the amount of 300 thousand lei. The Ministry of Education and Research has developed the relevant regulation.
In order to receive part of the funds from the €90bn loan approved by the EU for Ukraine on April 22, Brussels requires Kiev to change its tax legislation.
According to the General Inspectorate for Migration, more than 4.6 thousand foreign citizens in Moldova have valid residence permits with the right to work. Most of them are men from Nepal, Bangladesh, India, Turkey and Uzbekistan.
Belarus calls on European countries for a professional and depoliticized security dialogue. This was stated by Deputy Foreign Minister of Belarus Igor Serek in an interview with the German newspaper Berliner Zeitung.
Today, against the background of the possible opening of negotiations on Moldova’s accession to the European Union, discussions on the quality of public administration, opportunities and risks of economic development and, consequently, the need to reintegrate the country are intensifying in the public space.
The lion’s share of the reserve fund, planned for the current year, was paid by the government to farmers. The sum amounted to 110 million lei. The money was used to reimburse excise tax on diesel fuel.
Bank holding Goldman Sachs forecast gold prices to rise to $5,400 per troy ounce by the end of 2026. The main driver is the increasing demand from central banks, which turned out to be much higher than previous estimates.
The bad news is that energy and commodity shortages will push prices higher. The good news is that core inflation remains largely subdued, giving central banks room to maneuver. The bad news is that inflation is rising sharply in the euro area and developing countries face rising inflationary risks from possible food shocks and climate risks. The good news is that a cooler labor market and incomes are keeping core commodity prices in check.
Diversifying trade relations amid global instability and U.S. trade policies will be the main subject of negotiations and the signing of an ambitious free trade and strategic partnership agreement (MGA) to strengthen economic ties. The European Union will be represented at the meeting by European Council President António Costa and European Commission chief Ursula von der Leyen.
Negotiations between the United States and Iran are again in danger of collapse after an exchange of ultimatums. Washington handed Tehran a list of conditions for resuming dialog.
The United States has the largest external debt – $24.54 trillion. It exceeds the total external debt of the 10 countries that follow the US in the ranking of the world debtors. The least indebted country is Eritrea. Its external debt is $461 million.
The probability of Moldova gaining full membership in the EU by 2030 is 2-4%, and by 2040 – 35-45%. And that is subject to a number of conditions that depend little on Moldova itself.
The visuals of this week’s summit between Donald Trump and Xi Jinping were carefully crafted to showcase the equality between the U.S. and China.
The Kremlin announced on Saturday that Russian President Vladimir Putin will travel to Beijing on May 19-20 to meet with Chinese President Xi Jinping to discuss deepening bilateral cooperation and addressing key international issues. The leaders are expected to sign a joint statement and a number of agreements during the visit.
Romania’s Ministry of Finance released a stunning report on May 13 detailing a massive, repeated flow of cash across the country’s borders throughout 2024 and 2025.
New York City’s rail service has been paralyzed as about 3,500 Long Island Rail Road (LIRR) employees went on strike after negotiations over pay raises failed.
US President Donald Trump would not want to go to war against the People’s Republic of China should Taiwan declare independence.
