News about World markets
French luxury conglomerate LVMH is exploring the sale of a number of fashion houses, cosmetics brands and alcohol assets amid slowing demand for luxury goods.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, May 6.
Poland has seen the world’s fastest growth in the number of Ultra High Net Worth Individuals (UHNWIs) – individuals with net worth over $30 million – over the past five years.
Tensions in the Gulf region and volatility in energy markets may lead to a further downward revision of the GDP forecast. According to Eugeniu Osmokescu, Deputy Prime Minister and Minister of Economic Development and Digitalization, the recent downward revision of the economic growth forecast from 3.3% to 2.2% for this year is not the last.
Global exports of liquefied natural gas (LNG) fell in April to their lowest level in almost two years. This was the result of the de facto closure of the Strait of Hormuz due to the war in the Middle East. Nevertheless, the lost Qatari volumes are quickly being replaced by other producers: for example, from the US and Canada.
The Russian Defense Ministry has announced a unilateral ceasefire for the period from May 8 to May 9, when Moscow celebrates the annual Victory Day in World War II.
Western Union issued its own “stable coin” USDPT on the Solana blockchain. The issuer of the coin was cryptobank Anchorage Digital.
Moldova continues to advance on the European integration path and the political support for this course remains steady. This was stated by MEP Siegfried Muresan in the context of the 17th meeting of the EU-Moldova Parliamentary Association Committee, held in Brussels on Tuesday, May 5.
Italian fashion house Prada ended the first quarter of 2026 with revenue growth of 3% in comparable exchange rates, despite mixed performance in key markets. Total group revenue amounted to 1.4 billion euros (about $1.64 billion), which was in line with Visible Alpha analysts’ expectations.
The counterfeiting market continues to expand and is becoming faster and more flexible. This is the conclusion reached by Entrupy, a company specializing in AI-authenticated goods, in its annual State of the Fake 2026 report. According to the study, in 2025, 8.1% of all verified products were found to be counterfeit.
The Principality of Monaco has reaffirmed its status as the world’s most expensive residential real estate market, setting a new record for transaction value.
EU restrictions on short-term rentals have not stopped the market: it continues to grow at nearly double-digit rates and is approaching the 1 billion overnight stays mark.
Global container shipping giant, Mediterranean Shipping Company (MSC), has announced the launch of a new Europe-Red Sea-Middle East express service linking key European ports with Saudi Arabia and other regional hubs.
Operation Project Freedom began this morning in the Persian Gulf. On the personal orders of President Donald Trump, U.S. and international coalition forces began removing hundreds of foreign ships trapped in the largest maritime crisis of the decade.
Social network X (formerly Twitter) once again became the epicenter of market fluctuations on May 4, 2026. The occasion was an ultra-laconic post by the platform’s owner Ilon Musk.
The inauguration of Central African Republic (CAR) President Faustin-Arkange Touadera on March 30, 2026 in the capital Bangui has suddenly become one of the high-profile topics of international politics.
Armenian Prime Minister Nikol Pashinyan touched upon Armenian-Azerbaijani relations, the unblocking of regional communications and the prospects for international peace in his opening speech at the 8th European Political Community Summit.
OPEC+ members raised their combined oil production targets for June by 188,000 bpd after the UAE left the group. Seven key countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – agreed to increase the volumes.
In the morning of May 4, the bitcoin (BTC) rate updated the maximum for three months. The price of the first cryptocurrency rose above $80.6 thousand for the first time since January 31, according to Coinmarketcap. The total capitalization of the crypto market is at a two-month high, rising above $2.65 trillion.
European leaders are arriving in Yerevan to participate in the 8th European Political Community (EPC) summit to be held on Monday, May 4. Moldovan President Maia Sandu arrived together with Romanian President Nicusor Dan – they arrived on one special flight.
