Romania may face not a technical recession, but a full-fledged economic crisis in case of a new decline in GDP. This was stated by the leader of the Social Democratic Party of Romania, Sorin Grindeanu, against the background of the deterioration of the country’s macroeconomic indicators.

AI company Anthropic has closed one of the largest infrastructure deals in the history of the industry, gaining access to the entire computing power of SpaceX’s Colossus 1 data center. This includes more than 220,000 Nvidia GPUs and over 300 megawatts of computing power, a resource that was recently used to develop Ilon Musk’s rival xAI project.

The European Union intends to hold a meeting of foreign ministers of member states by the end of May to determine the topics and formats of possible negotiations with Russia. This was announced by the head of European diplomacy, Kaja Kallas, on 11 May.

US President Donald Trump has rejected Iran’s response to the American plan to end the war. Trump’s quick response led to a sharp rise in oil prices.

Bitcoin stabilized on Monday, squandering much of the weekend’s gains amid escalating tensions over Iran, which offset optimism over progress on the U.S. regulatory framework for cryptocurrencies.

The European Union is preparing a 21st package of sanctions against Moscow, within which it intends to increase pressure on the “shadow fleet,” Russian banks and the Russian Orthodox Church, Politico writes, citing European officials and diplomats.

In Latvia, illegal operators have a significant share in the online gambling segment. According to the H2 Gambling Capital (H2GC) agency, in 2025 the gross revenue from gambling in the unlicensed market of the country reached 62 million euros.

Since the announcement of the crisis on the Romanian oil and oil products market until now, the Romanian state has approved 30 applications for diesel exports, most of which are aimed at supplies to neighboring countries.

The 2026 FIFA World Cup (2026 World Cup), which will take place from June 11 to July 19 in the United States, Mexico and Canada, is projected to be a powerful driver of the global economy, capable of bringing significant GDP growth and creating hundreds of thousands of jobs. By expanding the format to 48 teams and hosting matches in 16 cities, the scale of the event promises an unprecedented economic impact.

In recent days, there have been reports causing increased interest of fruit business operators in Europe. In the information space of Polish agribusiness there appeared not single opinions that due to spring frosts the apple harvest in this “apple power” can be halved. Fruit traders in Poland rarely hit the bull’s-eye in their initial forecasts. However, now the market situation is so alarming that any “signal shots” have consequences.

Alibaba Group is preparing one of the biggest experiments in global e-commerce. The Chinese giant is integrating its Qwen AI model into the Taobao platform and actually replacing product search with a conversation with artificial intelligence.

Trump Media & Technology Group and associated with Donald Trump’s family reported a financial loss of $405.9 million for the first quarter of 2026.

CAIR – A group of developing countries launched the Borrowers’ Platform on April 15 to create a stronger collective voice in debt management discussions and international financial negotiations.

Germany will exhaust its notional annual share of the planet’s natural resources as early as May 10.

Polish President Karol Nawrocki said that Warsaw is ready to accept part of the US troops stationed in Germany. Donald Trump called such a scenario possible.

The ruling Labor Party suffered heavy losses in the UK local elections, losing a significant portion of seats to the right-wing populist Reform UK. Voting took place this week in England, as well as in elections for the Scottish and Welsh parliaments.

PARIS – The war in Iran has caused a dramatic redistribution of global wealth.

The US has released the first batch of files dating back to 1948 to increase transparency about unidentified flying objects (UFOs). The archive contains unusual sighting reports made by astronauts and pilots.

Brazil and Vietnam lead the world ranking of coffee producers by a large margin from their competitors. And in different categories: Brazil is the champion in Arabica, Vietnam in Robusta. Ethiopia, the historical homeland of the product, is only a close second among the global top five coffee producers.

The UN Food and Agriculture Organization’s (FAO) April price index for sugar is down 4.7% from March’s value. Compared to April last year, the April 2026 global sugar price index is 21.2% lower.
