Gold and silver prices fell sharply by 6. 3% and 8.7% respectively, after reaching record highs last week. Shares of gold mining companies also fell.
India and the US are nearing a trade deal that could reduce tariffs on Indian exports from 50% to 15-16%. The agreement also includes a possible reduction in India's imports of Russian oil and an increase in exports of American corn and soybean meal.
Tropical Storm Melissa, the 13th Atlantic storm of 2025, threatens severe flooding and landslides in Haiti, the Dominican Republic, Jamaica, Puerto Rico, and Aruba. Melissa's wind speeds reach 80 km/h, and meteorologists warn of dangerous weather throughout the weekend.
European countries, together with Ukraine, are developing a 12-point plan to end the war, which includes a cessation of hostilities, an exchange of prisoners, and the return of deported children. The implementation of the plan will be monitored by a peace council chaired by Donald Trump, and Ukraine will receive security guarantees and a path to the EU.
The Norwegian company Var Energi expects the global oil market to stabilize in 2026, with prices above $60 per barrel. The deficit of investments in production is named as a key factor supporting prices.
The Hungarian parliament extended the state of emergency for 180 days, until May 14, ensuring that the upcoming elections will be held under a special legal regime. This grants Prime Minister Viktor Orbán broad powers, while his Fidesz party lags behind the opposition Tisza in polls.
Tech giant Meta offers a range of entry-level positions with salaries around $200,000 per year, requiring only a bachelor's degree. The company is actively hiring AI talent, and its CEO Mark Zuckerberg values skills over education.
Italy has expressed its readiness to join NATO's PURL mechanism, which finances the purchase of American weapons for Ukraine. This step comes amid the cessation of US funding for weapons to Kyiv.
UK Defence Secretary John Healey announced preparations for a possible deployment of troops to Ukraine after a peace agreement is reached, allocating over $134 million. British military personnel will train Ukrainian soldiers away from the front line.
The US opposes the EU's plan to use frozen Russian assets to support Ukraine, citing risks to market stability. This move is a setback for the EU, which has been trying to persuade G7 countries to join its initiative.
European Union energy ministers have agreed on a common position to ban all gas supplies from Russia by the end of 2027. This decision aims to completely end the bloc's dependence on Russian energy carriers.
EU energy ministers are meeting in Luxembourg to agree on a common position regarding a ban on all gas supplies from Russia by the end of 2027. The ban on short-term contracts will begin by mid-June, with the exception of Hungary and Slovakia.
Sales of Apple's latest iPhone 17 model increased by 14% in the first 10 days in the US and China compared to the iPhone 16. Demand for the base iPhone 17 significantly exceeds last year's model due to an improved display, larger storage, and an updated A19 chip.
The International Monetary Fund is pressuring the National Bank of Ukraine to devalue the hryvnia, which could strengthen the country's finances. NBU officials resist, citing risks to inflation and public sentiment.
Next week, trade talks between the US and China will take place, where a possible reduction in tariffs will be discussed. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will meet in Malaysia to discuss new measures.
European leaders are trying to find a place at the negotiating table after Putin's contact with Trump threatens to nullify their efforts to increase pressure on Russia over the war in Ukraine. Trump said he would hold a second summit with Putin in Budapest after lengthy telephone conversations.
Apple plans to release an updated MacBook Pro with a touch-screen display by late 2026 or early 2027. The new models will feature thinner bodies, M6 chips, and OLED displays, making them more expensive than current versions.
French Prime Minister Sébastien Lecornu successfully passed the first vote of no confidence in his newly formed government. 271 members of the French parliament voted against the disapproval of the political line.
Exports of refined fuel from Russia fell to their lowest level since the start of the full-scale war, amounting to 1. 88 million barrels per day in the first 10 days of October. This is due to attacks on refineries and the Ust-Luga export hub, which led to a decrease in production below 5 million barrels per day.
Defense Minister Denys Shmyhal called on partners to invest 0. 25% of GDP in Ukraine's defense to cover $60 billion out of the $120 billion needed for military purposes. An alternative is a loan secured by frozen Russian assets to finance the Armed Forces of Ukraine.
The European Union plans to launch joint drone and air defense projects. The plan envisages a complete overhaul of EU military planning and procurement, with the aim of jointly carrying out 40% of defense procurement by the end of 2027.
Donald Trump's golf resort in Aberdeen, Scotland, recorded a loss for the 13th consecutive year in 2024, reducing it to £937,693. This was due to increased marketing costs and the development of a second golf course.
US Ambassador to NATO Matthew Whitaker said that the US expects European allies to continue purchasing weapons for Ukraine. Important announcements regarding arms supplies are expected on October 15.
Slowing growth at cocoa factories worldwide is exacerbated by soaring prices, impacting processors' profits. Processing volumes in Europe, Asia, and North America have reached multi-year lows, and prices for the sweet treat are unlikely to fall quickly.
The International Energy Agency predicts that drone strikes will hinder the pace of oil refining at Russian refineries until at least mid-2026. This has already reduced the country's oil refining by approximately 500,000 barrels per day.
Ukrainian President Volodymyr Zelenskyy plans to ask European allies for help in raising salaries for Ukrainian military personnel. This comes against the backdrop of reduced spending on military salaries in the draft State Budget for 2026.
The US-sanctioned Russian Arctic LNG plant has made its tenth shipment since June 2025. Most of the cargo was bound for China. This demonstrates Russia's attempt to circumvent Western restrictions and test US resolve.
US President Donald Trump commented on the appearance of Italian Prime Minister Giorgia Meloni during a joint photo opportunity after the Gaza agreement. Meloni, the only woman in the photo, maintained a serious expression during the praise.
US President Donald Trump and the leaders of Egypt and Turkey posed for a photo in front of a "PEACE 2025" sign after signing a peace agreement on Gaza. Trump announced the end of the war in Gaza and insisted on Hamas's adherence to the agreement.
The European Union is considering using about 200 billion euros of frozen Russian central bank assets as the only way to sustainably finance Ukraine. EU leaders aim to reach a political agreement on this at next week's summit, after which work on a legal proposal will begin.
