China has reduced car exports to Russia by almost 50% due to Russians' expectations of the return of foreign brands. Now the main export destinations are Mexico and the UAE.
The Cabinet of Ministers has allocated funds for consulting services to prepare a draft agreement with the United States on mineral resources. The Ministry of Economy and the Ministry of Justice are to engage consultants by April 15, 2025.
Analysts at Goldman Sachs Group Inc. predict that Brent crude oil prices will fall to just below $40 a barrel by the end of 2026. This is due to slowing GDP growth and the abandonment of OPEC+ production cuts.
A Ukrainian delegation will visit the United States on April 11-12 to negotiate a mineral agreement. The visit is a continuation of online negotiations between Washington and Kyiv.
Mark Carney said that Trump's tariffs are hurting the US and world economy. Canada is ready to defend itself by lowering trade barriers and establishing ties with other countries.
Expert talks between Russia, China and Iran on Iran's nuclear program will take place in Moscow. The trilateral meeting will discuss aspects related to the nuclear issue.
China is tightening control over the export of rare earth metals in response to US tariffs, which could affect global supplies. The restrictions apply to seven types of metals.
Bitcoin fell by 8% due to Trump's tariffs, losing almost all profits after the election. Ethereum, XRP, and Solana also suffered significant losses, and global markets crashed.
European allies and Canada have called on Russia to urgently respond to the US proposal for a ceasefire in Ukraine, which Kyiv has already accepted. The pressure should push Russia towards de-escalation.
Head of "Energoatom" Petro Kotin said that two power units are under repair, and seven others are operating at full capacity. Preparations are underway for the next heating season.
EU defense ministers discussed plans in Warsaw to provide Ukraine with 2 million artillery ammunition this year. This is a priority and a real task for European allies.
France and Germany are pushing for an aggressive EU response to new US tariffs, considering targeting American technology and services to protect the interests of the European Union.
The Trump administration is imposing a 25% duty on imports of beer and empty aluminum cans from April 4. This decision will affect beer imports of $7.5 billion, where Mexico is the leader.
Trump Plans Sweeping Trade Restrictions That Could Upend Global System. Economists warn of recession risks and rising inflation from new tariffs.
Roblox Corp has announced new parental control tools for children's communication in the game. Parents will be able to choose safe games and limit their children's contacts.
The Greek government plans to spend over 20 billion euros to strengthen the country's defense capabilities by 2037. These investments are a response to Russian aggression against Ukraine.
The European Union court rejected the claims of Russian billionaire Gennady Timchenko and his wife to cancel sanctions. The couple tried to remove the obligation to report assets in the EU.
European gas prices are stable, around €42 per megawatt-hour, as traders assess supply changes and the impact of a cool spring. Europe is replenishing storage after winter, requiring more fuel.
Wang Yi stated that the US must abolish tariffs on Chinese goods before discussing Beijing's role in the fentanyl crisis. China is ready for equal consultations.
Ukrainian bonds underperformed, falling almost 2 cents. Investors fear on the prospects of a peace agreement and continued aid from the United States.
On April 2, new tariffs initiated by Trump, which could lead to a global trade war, come into force in the United States. Tariffs of 15% will affect countries with the largest trade deficit.
The market is reacting to Trump's ambiguous statements regarding possible sanctions against Russian oil. Brent price fell to $72 a barrel after his words.
The US is creating a new command for military operations in Japan. This is being done to strengthen defense coordination and support allies in the region amid the growing threat from China.
European winemakers are facing problems due to falling demand and the threat of tariffs from Trump. The cessation of supplies already costs companies 100 million euros per week.
Trump will introduce 25% tariffs on car imports, which will hit European manufacturers. Porsche and Mercedes may lose billions of euros in profits due to the new US duties.
After the summit in Paris, Macron intends to inform Trump about European support for Ukraine and demand commitments from Russia on a ceasefire. The possibility of deploying European troops is being discussed.
Chinese Senior Official Ding Xuexiang called for expanded cooperation and opposed protectionism, hinting at destabilizing trade relations with the US. China seeks to attract investment.
Peter Szijjarto made his 13th visit to Moscow since the beginning of Russia's full-scale aggression against Ukraine. EU officials are surprised by the frequent contacts between the Hungarian minister's frequent contacts with the Kremlin.
European officials believe Trump will face a difficult decision regarding the war in Ukraine. Putin demands the lifting of sanctions in exchange for a ceasefire.
US intelligence believes that Russia and Ukraine consider an unsatisfactory ceasefire worse than continuing the war. The US intelligence community also continues to see a risk regarding nuclear weapons.
