Bloomberg L.P.
Global food prices rose to their highest level since March 2023 due to uncertainty about duties. Rising prices for grains, meat and dairy products also affected the index.
The Trump administration has struck a deal with Ukraine giving the US privileged access to its natural resources, including aluminum, oil and gas. The agreement provides for an investment fund to finance military aid.
Due to an excess of solar energy, electricity prices in Germany will fall below zero on May 1. Green energy is expected to meet 99% of demand.
Due to legislative restrictions related to neutrality, Swiss defense companies are massively moving production outside the country. Switzerland risks losing lucrative contracts.
Ukraine is ready to sign a natural resources agreement with the United States. The project envisages the creation of a joint fund to manage Ukrainian investment projects.
The Trump Organization's billion-dollar luxury real estate project will accept cryptocurrency payments.
Oil prices continue to decline, heading for their biggest monthly drop in more than three years. The reasons are the trade war and fears about increasing supply.
Alphabet Inc. has led a frenzy in the European bond market, planning to raise $2.8 billion. Recently, the company's profit has increased by 12%, and investments in AI are yielding results.
The US President will postpone tariffs on imported auto parts and steel/aluminum. This is done to avoid double taxation and stimulate production in the US.
Gold prices fell 0. 8% to $3314.65 an ounce on Tuesday, amid easing trade tensions. Investors are awaiting data from the US to assess Federal Reserve policy.
Viktor Orban is accused of funding pro-government media with EU funds, which could lead to a new conflict with the European Union. He allegedly violated competition rules by providing subsidies to government-affiliated media.
The Chinese government has approved 10 new nuclear reactors, with investments of $27 billion. The country aims to become the largest producer of nuclear energy in the world.
The US may offer Russia a partnership in the Arctic, oil and gas industry, and mining of rare earth minerals after a peace agreement is reached regarding the war in Ukraine, which will include the lifting of sanctions.
Russian oil companies are actively drilling wells, exceeding pre-war levels, preparing for a possible easing of OPEC+ restrictions and sanctions. This indicates the industry's adaptation to Western restrictions.
Russia is actively recruiting foreign women to work in factories producing Shahed drones, which are used to attack Ukraine. They are offered jobs with salaries up to $860 per month.
Donald Trump signed an executive order on mining on the shelf and the ocean floor. This should reduce US dependence on imports of rare earth elements and create new jobs.
Google's parent company, Alphabet Inc. , reported first-quarter revenue that exceeded expectations. Profit rose thanks to advertising and investments in artificial intelligence.
The US will demand that Russia recognize Ukraine's right to its own army as part of a peace agreement. The US also seeks to regain control of the Zaporizhzhia Nuclear Power Plant and access to the Dnipro River.
Hundreds of thousands of Ukrainians who have found refuge in the United States under Biden's program now fear deportation due to Trump's potential immigration policies, raising concerns among refugees.
Gold rose after its biggest drop since November, to $3,330 an ounce. Traders are analyzing US signals regarding the trade war with China, which are affecting the market.
US Vice President Vance stated that the US is ready to abandon mediation if both sides do not accept their proposal. He added that certain territorial exchanges will be needed to achieve peace.
The Stanley Hotel, which inspired Stephen King, is planning a large-scale reconstruction with the help of municipal bonds. The project will include a horror museum, a film archive and a new event center.
The price of gold stabilized at $3,372, after falling by almost 2%. Investors are expanding their assets in exchange-traded funds, and central banks are also making purchases.
The price of gold soared to record highs, exceeding $3486 per ounce, due to fears that Trump would fire the head of the Fed. This triggered a flight from the dollar and American assets.
Airbnb will now show customers the total cost of accommodation by default, including cleaning and service fees. The change is being implemented due to a new US Federal Trade Commission rule that takes effect on May 12.
The Ukrainian negotiating team officially did not agree to discuss territorial integrity, including Crimea. An advisor to the Office of the President stated that the Constitution of Ukraine contains direct prohibitions on such discussions.
Russia has worsened its forecast for oil exports this year and lowered its Urals price expectation to $56 per barrel. According to the forecast, this may require the use of reserves to cover expenses.
Donald Trump raised a record $239 million for his inauguration, more than double the 2017 amount. This is more than Obama's and Biden's combined and attracted over 140 donors with contributions of a million dollars or more.
Gold set a new price record, surpassing $3385 per ounce. This happened due to the weakening of the dollar to a 2024 low, Trump's criticism of the Fed, and trade fears.
Oil prices fell: Brent below $67, WTI to $63. This happened amid concerns about the impact of the US trade war on demand and monitoring talks between Washington and Tehran on the nuclear program, which could affect supplies.