News about World markets

One of the NBA’s most famous and successful teams—the Los Angeles Lakers—is changing hands in the largest deal in the history of world sports. Josh Kushner, founder of the venture capital firm Thrive Capital, and Bob Iger, former CEO of The Walt Disney Company, have reached an agreement to purchase the franchise at a valuation of $12.5 billion.

Consumer price inflation in the U.S. was moderate in July: the overall index rose 0.1% for the month, while core inflation rose 0.2%. On a year-over-year basis, the CPI slowed to 3.4%, and core inflation to 2.5%, which somewhat eases pressure on the Federal Reserve ahead of its September meeting.

If the conflict and its economic consequences drag on, the World Bank will be able to expand its support to $80–100 billion over a 15-month period. The announcement of support for all developing countries in overcoming crises came amid the bank’s forecasts regarding the consequences of the war in the Middle East.

The International Energy Agency (IEA) expects global oil production to decline by 4.3 million barrels per day (bpd) in 2026, to 102 million bpd. This is according to the organization’s new report.

The National Energy Regulatory Agency (ANRE) has announced new maximum fuel prices, which will take effect tomorrow, August 13.

Colombian coffee exports have been virtually paralyzed following a powerful earthquake that disrupted key transportation routes to the country’s Pacific coast.

Twenty One Capital, a company controlled by Tether and the second-largest public holder of Bitcoin after Michael Saylor’s Strategy, reported a net loss of $413.5 million for the second quarter. Almost all of this was due to the revaluation of the Bitcoin on its balance sheet.

Potential gross apple production in Moldova is expected to total about 526,000 metric tons this year. This is 17.5% higher than last year’s apple harvest (447,000 metric tons).

NVIDIA, an American company and the global leader in visual computing and a leading manufacturer of high-performance graphics processing units (GPUs), has reached an agreement with the world’s largest financial institutions to create platforms for financing AI infrastructure.

This year, Italian winemakers headed out to the vineyards well before dawn. In Franciacorta, one of the country’s leading sparkling wine-producing regions, the harvest began on August 2—10 days earlier than last year. Workers start picking around 4 a.m., cutting the bunches by the light of floodlights.

As of today, prices for the main types of fuel in Moldova have stabilized, reflecting conditions on the global market.

On Monday, August 10, the National Bank of Ukraine announced measures to liberalize the currency market since the start of the conflict with Russia in an effort to boost business and investor confidence. The rules, published late in the evening, provide for a significant increase in the limits on foreign currency purchases and withdrawals from Ukrainian bank accounts.

The Wall Street Journal noted that retail traders and hedge funds are selling off Bitcoin and other cryptocurrencies to shift their investments into stocks of companies involved in artificial intelligence. The newspaper reported on several traders who closed out their cryptocurrency positions. The publication suggests that Bitcoin’s stagnation at the $60,000 level may be linked to this capital outflow into AI.

Vasile Costiuc, leader of the “Democracy at Home” Party, is in Abu Dhabi to identify potential investors and develop new economic ties with countries in the Persian Gulf region. During his visit, he is scheduled to hold a series of meetings with representatives of the business community in the United Arab Emirates.

The National Energy Regulatory Agency (ANRE) has published new maximum prices that will apply to petroleum products starting tomorrow, August 11.

Bitcoin traded near the $65,000 mark on Monday, holding its ground after rising above that level following an unexpectedly weak U.S. jobs report. Investors are exercising caution ahead of the release of inflation data and are monitoring developments in the Middle East.

U.S. President Donald Trump has made it clear that he is prepared to intensify economic pressure on Iran rather than order a new military offensive.

Parts of Odessa and the Odessa region were left without power following today’s attack. DTEK, the power grid operator for the Odessa region, reported damage to power facilities and warned that restoring power would take time.

According to Gas Infrastructure Europe, as of August 8, Europe had filled its underground storage facilities to 58.3% capacity, injecting 63.7 billion cubic meters of gas into them. This is the lowest level for this period in the last 15 years. At the same time, the situation looks even more dire in some countries: in Germany, storage facilities are less than 50% full, and in the Netherlands, less than 40%.

The cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea, its intelligence agency, and the Pyongyang-linked hacking group Lazarus.