World markets
Asian countries are seen as major buyers of Russian oil as exports are being redirected and supplies cut through familiar routes. CNBC reports that countries are lining up for resources from Russia.
US President Donald Trump has called for an investigation into how Ukraine has been spending US-directed funds.
Moldova is on the 5th place in the ranking of European countries with the lowest prices for chicken eggs.
Robert Kiyosaki, author of the personal finance book “Rich Dad, Poor Dad,” has promised his subscribers online X a global economic crisis.
The global food market was highly vulnerable to the blockage of the Strait of Hormuz, through which one third of the world’s urea exports pass. Military action in the Middle East has threatened global food security by paralyzing the production and export of critical fertilizers.
Spandex manufacturer Lycra has filed for Chapter 11 bankruptcy in Texas. The company plans to turn over control of the business to creditors and write off a significant portion of its debt, while preserving jobs and supplies for customers.
Moldova was ranked among the top 20 countries in terms of projected GDP growth between 2026 and 2030.
American Forbes has presented an updated global ranking of billionaires. Women are still in the minority, but their share is gradually increasing.
Chairman António Costa said that threats against EU leaders were unacceptable, commenting on Ukrainian President Zelensky’s remarks against Hungarian Prime Minister Viktor Orbán.
IuteBank, a member of the Estonian Iute Group, has completed the transition period following the process of establishing a transitional bank and will start operating as a commercial bank on the Ukrainian market from March 17.
Relations between the EU and the US are once again on the verge of a deep crisis due to disagreements over security in the Strait of Hormuz, Politico reported, citing European diplomats.
Just three months after the launch of the Galaxy Z TriFold model, Samsung Corporation will discontinue its production, according to Logos Press.
The Chinese government is responding to sulfur supply disruptions due to conflict in the Middle East and the blocking of the Strait of Hormuz. The move has sharply raised shipping costs and sulfur prices, posing serious risks to the production of phosphate fertilizer needed for China’s spring planting campaign. The country imports about 47% of its sulphur, mostly from the Persian Gulf, so any disruption to transportation routes has a direct impact on domestic fertilizer production.
Saudi Arabia has offered long-term buyers to receive April oil shipments through the port of Yanbu in the Red Sea. The country is preparing for possible prolonged disruptions in the Strait of Hormuz.
According to analysts at Goldman Sachs, a sharp rise in oil prices linked to the conflict in Iran could reduce global economic growth by about 0.3% and lead to higher inflation over the next year.
The global aluminum market is rapidly entering a deficit phase after one of the metal’s largest producers, Aluminium Bahrain, announced it would cut nearly 20% of its production capacity amid supply disruptions across the Strait of Hormuz due to the war in Iran.
The authorities urge not to encourage inflation expectations. The rise in fuel prices over the past two weeks has increased the total costs of businesses by a maximum of 1.5%.
Major indexes went up on Monday amid a drop in oil prices from highs, the passage of two tankers through the Strait of Hormuz for the first time since the war began and Trump’s announcement that the U.S. is negotiating with Iran.
The British news agency Reuters has published a large-scale investigation into the identity of the legendary street artist Banksy, whose real name has for decades remained one of the most discussed mysteries of contemporary art.
US President Donald Trump said that after the completion of the operation in Iran, which he called “Epic Fury”, he plans to “get busy” with Cuba. He made this statement in a conversation with journalists.
