News about World markets
Giorgi Meloni’s government is changing course on the issue of military spending: of the 14.9 billion euros that Italy has booked under the European SAFE program, Rome will request only a fraction.
Gap Inc. raised its full-year earnings forecast after a strong start to the fiscal year, buoyed by sales growth and an unexpectedly strong recovery for its namesake brand.
The 2026 harvest in Brazil is estimated at 66.7 million bags (a standard bag of coffee in the International Coffee Organization’s ICO measurement system is 60 kg). This is an 18% percent increase over last year’s result. If the forecast is confirmed, the result would be a new record in history (statistics maintained by the National Supply Company Conab), exceeding the 2020 figure (63.08 million bags) by 5.74%.
Integration processes within the Eurasian Economic Union (EAEU) are strengthening, which will allow mutual trade volumes to reach $100 billion in 2026.
The first shipments of the T1 Phone smartphone, better known online as the “trampophone,” have begun in the US, but the launch has been far less triumphant than advertised. The device, which is being promoted by Trump Mobile, a company linked to Donald Trump’s family, is already being called one of the most controversial tech releases of the year.
The New Glenn rocket of Blue Origin, owned by US billionaire Jeff Bezos, exploded during a firing test of the engines on the launch pad at the Cape Canaveral Space Center in Florida.
The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch talks on Iran’s nuclear program.
The current US administration will not allow the introduction of a central bank digital currency (CBDC). This was stated by the Minister of Finance Scott Bessent.
Profit of Transelectrica (Romania) increased by 27% in the first quarter. Extraordinary sources of income included funds received from assistance to victims of natural disasters in the Republic of Moldova and Ukraine.
The Louvre robbery, which became one of the most high-profile crime stories in France in the fall of 2025, will get a film adaptation. French director Romain Gavras is working on a feature film inspired by the audacious theft of royal jewels that took place on October 19, 2025 in one of the world’s most famous museums.
Samsung Electronics has agreed to pay bonuses to employees at a unit in South Korea, under which engineers working on AI chips will be able to receive up to 600 million won (about 347 thousand euros). This is the result of an 18-day strike.
US President Donald Trump has re-filed a libel lawsuit worth at least $10 billion against The Wall Street Journal and its owner, Rupert Murdoch’s News Corp media holding company.
The company introduced paid subscriptions for Instagram, Facebook and WhatsApp – Instagram Plus, Facebook Plus and WhatsApp Plus. In parallel, the company is testing tariffs for authors, businesses and users of AI services.
The European ice cream market remains one of the largest. According to Eurostat, last year EU countries produced about 3.3 billion liters of ice cream, which is 2% more than the year before (3.2 billion liters).
The silver market remains under intense pressure after January’s record rally, with major banks warning: the upside potential is all but exhausted.
European Central Bank President Christine Lagarde said the independence of the U.S. Federal Reserve remains in jeopardy and requires support from voters and lawmakers.
Foreign direct investment (FDI) inflows into the European economy in 2025 rose by 56% to $239 billion, according to data from the UN Conference on Trade and Development (UNCTAD). However, this surge is caused by specific factors and hides a decline in the real investment sector. Major cross-border mergers and acquisitions (M&As) accounted for most of the growth. Much of the capital came from corporate restructuring and transit financial flows.
Gold prices fell in Asian trading after a series of U.S. strikes on Iran supported oil prices and the dollar.
A group of the world’s leading central banks and more than 40 major commercial banks are stepping up testing of one of the world’s most closely watched digital payments projects, Agora, as the race to modernize and dominate the international financial architecture heats up.
Resort real estate in Greece continues to rise in price, while the dynamics of prices remain heterogeneous depending on the segment and type of housing.
