News about World markets
An EU committee made up of experts from member states voted Tuesday to ban imports of Brazilian meat starting Sept. 3 because of the use of antimicrobial drugs to stimulate animal growth.
Shipments of pharmaceutical products from the USA to Russia in March increased more than 300 times compared to the previous month.
The International Energy Agency (IEA) has worsened the forecast for global oil demand in 2026 due to the military conflict in the Middle East. Daily demand reduction is expected at the level of 418 thousand barrels per day to the level of 104 million bpd. The forecast is worsened by 334 thousand bpd compared to the April estimate, and the peak of the decline is expected in the second quarter – 2.45 million bpd.
While diesel prices in Moldova have been decreasing for a week already, gasoline is becoming more expensive.
Ukrainian Foreign Minister Andriy Sibiga has said that one day of hostilities costs the country about $450m, he said while commenting on the prospects of ending the conflict and the need for further international support.
After two major global staff cuts, Swedish furniture store chain Ikea has announced that it is closing up store. This is the first time this has happened in 40 years.
Italian fashion house Giorgio Armani is preparing a possible sale of 15% of shares in the company, while the package may be distributed among three strategic investors – L’Oréal, LVMH and EssilorLuxottica. This was reported by the Italian newspaper La Repubblica.
The meeting between Donald Trump and Chinese President Xi Jinping is designed to prolong the truce between the two major economic and military powers of the planet, concluded last fall, but will not be able to resolve any direct problems in bilateral relations, much less address indirect problems, including Russia’s war against Ukraine, experts believe.
Exxon and Shell are resuming Arctic exploration under Donald Trump’s slogan “Storms, Crumbs, Storms.” They are seeking to replenish reserves, diversify portfolios and maximize profits from Donald Trump’s policy of ramping up fossil fuel drilling, even though they recently claimed otherwise. Record investments and the success of new projects promise to exceed all expectations, in what experts see as a great success of the U.S. administration’s public policy.
Copper prices rose above the key mark of $14 thousand per ton, approaching historical highs. The market continues to grow despite the increased nervousness on global platforms due to the aggravation around Iran.
A large-scale marketing campaign to attract English tourists to Georgia is organized by the National Tourism Administration and the Ministry of Economy and Sustainable Development of the country.
For weeks now, Iran’s mullahs regime has been blocking the world’s most important trade route – few tankers now pass through the Strait of Hormuz. Now Tehran also wants to charge for the use of fiber-optic cables laid in the strait, Iran’s Tasnim news agency reported.
Starting from July 1, 2026, Law No. 69/2026 of 30.04.2026 will enter into force in Moldova, providing for the exemption from import customs duties for goods produced in the USA.
Netflix Corp. said it has spent about $135 billion over the past decade to produce original movies and series in more than 50 countries.
Orange juice futures rose sharply on the New York Stock Exchange after the publication of forecasts of a decline in the orange harvest in Brazil, the world’s leading exporter of the beverage.
A Caribbean island smaller than many metropolitan areas has suddenly become one of the main beneficiaries of the global artificial intelligence boom – all thanks to two letters in the browser address bar.
A massive crisis in horticulture forced the U.S. government to allocate $9 million to farmers to liquidate 50 thousand tons of peaches and cut 420 thousand peach trees. The reason – the customer did not need this raw material.
eBay’s board of directors rejected GameStop’s $56 billion merger proposal, deeming it “neither credible nor attractive.”
World Health Organization chief Tedros Adanom Ghebreyesus has warned that the number of Andes hantavirus infections could rise in the coming weeks, although there are no signs of the start of a large-scale outbreak yet.
The European Commission has confirmed that rising jet fuel prices cannot be a reason to deny passengers compensation for canceled flights.
