Bloomberg L.P.
Tropical Storm Melissa brings torrential rains, increasing the risk of floods and landslides in Jamaica, Haiti, and the Dominican Republic. The storm is predicted to intensify into a powerful Category 4 hurricane by Monday.
According to media reports, Putin plans to mobilize reservists to guard strategic infrastructure facilities in Russia that are threatened by Ukrainian drone attacks.
The Pentagon has received an anonymous donation of $130 million to pay military personnel during the US government shutdown. However, the administration may not be able to make payments according to the law.
The FBI has made dozens of arrests in 11 US states, including coach Chauncey Billups and player Terry Rozier, in a massive gambling investigation. The scandal undermines trust in the NBA at the start of the season and amid a multi-billion dollar media rights deal.
Italy is preparing its 12th military aid package for Ukraine, which will include new supplies of ammunition and missiles for SAMP/T air defense systems. The package could be approved by the end of the year, depending on the speed of parliamentary procedures.
Russia may pause or slow its interest rate cutting cycle this week due to intensifying inflation risks and the threat of tax increases. This is linked to Ukraine's attacks on Russian oil refineries, which have led to rising gasoline prices.
European Union leaders have postponed a decision on using frozen Russian assets to support Ukraine. The issue was postponed until December due to Belgium's demands for risk guarantees for loans totaling 140 billion euros.
Lionel Messi has extended his contract with Inter Miami until 2028, remaining in the US ahead of the 2026 FIFA World Cup. This move confirms his participation in competitive football until the 2026 World Cup and fuels interest in the sport in the US, increasing the club's valuation.
Defense Commissioner Andrius Kubilius proposes that EU countries use funds from the €150 billion investment plan to support Ukraine. Some countries have already expressed their readiness to apply loans from the 'Security Actions for Europe' program for Kyiv.
Binance Coin (BNB) cryptocurrency surged 8% after President Donald Trump pardoned the exchange's co-founder, Changpeng Zhao. Zhao had served a four-month prison sentence for violating anti-money laundering rules.
Russian oil supplies to major Indian refineries will drop to near zero due to US sanctions against Rosneft and Lukoil. India, which purchased over 36% of its oil imports from Russia this year, will now seek suppliers in other countries.
Donald Trump is demanding $230 million from the US Department of Justice, claiming that federal investigations violated his rights. He filed two lawsuits: one in 2023 regarding ties to Russia, and another in 2024 after the Mar-a-Lago estate was searched.
Google has launched an algorithm on its Willow quantum chip that outperformed supercomputers by 13,000 times. This paves the way for useful applications of quantum technology within five years.
European leaders are considering using frozen Russian assets to provide loans to Ukraine that may not be repaid. This move is a response to the cessation of financial support from the US and Kyiv's growing needs.
General Motors plans to release an electric SUV, the Cadillac Escalade IQ, which will be able to drive without driver intervention, in 2028. The system will allow hands-free driving on highways but will be disabled in urban conditions.
In the capital of Yemen, Houthi militants released most of the foreign UN staff. Of the 15 international workers detained last weekend, 12 have already left the country, and three more have been granted permission to move freely.
The European Union is preparing to approve the 19th package of sanctions against Russia, which includes a ban on imports of Russian liquefied natural gas from 2027. The package also targets Russian banks, lenders in Central Asia, and cryptocurrency exchanges, expanding trade restrictions and blacklisting oil tankers.
Walmart will suspend hiring candidates who require H-1B visas in response to the new Trump administration fee of $100,000 for each new visa application. The company, which is one of the largest employers in the US, plans to maintain a cautious approach to the H-1B program.
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.