News about World markets
European Commissioner for Economic Affairs Valdis Dombrovskis said Russia is using the crisis in the Middle East to make profits, but the EU will not relax the sanctions regime for the sake of cheaper oil or gas supplies. Even in the face of global energy fluctuations.
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.
Moldova has recorded the fastest growth rate of the startup ecosystem in Europe this year – almost 92%.
The Agency for Competition and Consumer Protection of Georgia announces its intention to create a unified information platform for monitoring the Family Basket program.
Anthropic and OpenAI, considered leaders in the global generative AI market, have begun to diverge in their approaches to achieving profitability. Anthropic focuses on the corporate segment and cost control, while OpenAI continues to aggressively scale infrastructure and consumer services.
On May 21, the price of the first cryptocurrency fell below $78,000. The market was pressured by the continued outflow from bitcoin-ETFs and low demand on the spot market.
Electrical equipment, plant products, furniture, fats and oils, as well as wines and beverages were the main categories of goods exported by Moldova to the European Union (EU) in 2025. The total value of Moldovan exports to the European market exceeded $2.55 billion.
In April 2026, wind and solar power surpassed natural gas in global electricity generation for the first time. Global wind and solar power generation increased by 13% year-on-year to a record 22% of global electricity generation, while natural gas power plants accounted for around 20%. Wind and solar power plants produced a combined 531 TWh of electricity in April, compared to 477 TWh of generation from natural gas.
European haute couture houses are increasing their presence in the United States, choosing American cities as venues for shows and cultural collaborations. From spectacular outings in Times Square to performances in the New York subway, Old World brands are increasingly choosing iconic urban spaces rather than traditional catwalks.
Two Chinese supertankers (VLCCs) and one vessel from South Korea crossed the strait on Tuesday. Together, they carry about 6 million barrels of crude oil, the largest daily cargo volume in more than a month.
The French will drink 22 million hectoliters of wine in 2025, according to data from l’Organisation Internationale de la Vigne et du Vin. At the same time, according to the French brewers’ association Brasseurs de France, beer consumption in the country last year amounted to 22.1 million hectoliters of beer.
A court in Kazakhstan has allowed the Ukrainian state-run energy company Naftohaz to enforce a ruling to recover about $1.4bn from Russia’s Gazprom in a gas transit case.
Deputy Prime Minister, Foreign Minister Mihai Popşoi and Foreign Minister of the People’s Republic of China Wang Yi held talks in Beijing, during which they discussed, among other things, the possibility of launching a direct flight between the two states.
The UN General Assembly has approved a resolution that sets a course for accelerated reductions in the use of fossil fuels and strengthened global action to combat the climate crisis. The document builds on the advisory opinion of the UN International Court of Justice issued in July 2025 and strengthens its political weight at the level of states.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, May 22.
The global berry market remains volatile due to climatic transformation, changing harvest dates, and labor shortage.
Conflict in the Middle East is increasing pressure on Sri Lanka’s tea industry, putting one of the country’s key export sectors and the millions of people who depend on Ceylon tea production at risk.
US aerospace company SpaceX has filed for an initial public offering (IPO), according to a registration form in the US Securities and Exchange Commission database.
In May, the volume of visible stocks of crude oil and petroleum products fell by 8.7 million bpd. This decline indicates a critical supply deficit – this is almost twice the average rate of decline since the start of the conflict.
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu allegedly had a tense phone conversation that reflected growing differences in their understanding of how to proceed in the war against Iran.
