Bloomberg L.P.
Macron refused to scrap the digital tax despite Trump's threats to impose 100% tariffs on wine. The leaders will discuss the issue during the G7 summit in Evian.
Ukraine is expected to receive $700 million from the IMF without meeting a key condition. The Fund allowed the postponement of the tax on overseas parcels until July.
E3 leaders propose a ceasefire and security guarantees for Ukraine. At the G7 summit, they will ask Trump to support a new negotiations initiative.
Italian Prime Minister Giorgia Meloni called on the EU to appoint a representative for negotiations with the Russian Federation.
The price of gold dropped to $4,036 following US strikes on Iran. Investors are selling off precious metals en masse amid inflation rising to 4.2%.
Amazon raised a record 14 billion Canadian dollars through a bond issue. The deal triggered a sell-off of other assets and an increase in risk spreads.
Gold dropped to $4,170 due to the US-Iran conflict. Prices are also under pressure from expectations of tight Fed policy and rising bond yields.
Bangkok plans to finalize a free trade agreement with the European Union by the end of the year. This will help the country reduce its dependence on US and Chinese markets.
As a result of the 7. 8-magnitude earthquake, 37 people were killed and 487 injured. Approximately 2,000 homes and dozens of government buildings and bridges were damaged.
Volker Türk stated there is a critical shortage of medicine and fuel in Cuba due to US restrictions. This has led to an increase in mortality among children and cancer patients.
In May, diesel imports to the EU and Britain fell by a third compared to last year. The reason was supply disruptions through the Strait of Hormuz.
Sriram Krishnan is leaving his post as White House AI advisor. He will continue to advise the Trump administration as an external expert.
Kosovo is holding its third snap election in 18 months to overcome a political crisis. This is necessary for EU accession and receiving international aid.
Ukraine is asking Germany for dozens of Patriot missiles in exchange for future deliveries. Berlin may announce a decision before the July NATO summit.
Swiss investors are halting the purchase of oil giants' bonds due to environmental regulations. This affects assets worth over $270 billion.
The price of WTI fell to $95 amid U. S. statements regarding a ceasefire between Israel and Lebanon. Brent is trading at $98 per barrel.
Trump confirmed the use of expletives during a conversation with Netanyahu regarding operations in Lebanon. The U.S. President is demanding a cessation of hostilities to ensure the success of peace negotiations with Iran.
Russian oil exports reached their highest level since 2022 due to strikes on refineries. This was facilitated by the lifting of US sanctions and growing demand in India.
The price of gold stands at $4,490 per ounce due to the conflict in the Middle East. Trump has stated a possible peace deal with Tehran despite new attacks.
Airlines ANA and JAL have canceled 616 flights as Storm Jangmi approaches Tokyo. Meteorologists are warning of strong winds and the risk of flooding.
SpaceX plans to raise up to $75 billion during its public offering. The market valuation of Elon Musk's company could reach $1.8 trillion.
Canadian diplomats visited Caracas to assess the state of the embassy. Mark Carney's government is considering restoring presence and investing in resource extraction.
Venezuela's new bill allows private firms to obtain energy concessions for up to 25 years. The reform is intended to overcome the country's capacity shortage.
Russian officials warn Putin of the critical cost of war and budget deficits. Ukraine is increasing pressure on the enemy's rear thanks to drones and EU assistance.
A US court has blocked the reorganization of the National Center for Atmospheric Research following a lawsuit by UCAR. The ruling halts the transfer of supercomputing capacities.
The blockade of the Strait of Hormuz will affect the global oil market until the end of 2026. Experts predict a prolonged recovery of logistics and high prices.
In May, drones attacked a record number of Russian oil facilities. This led to a drop in oil refining in the Russian Federation to its lowest level since 2009.
The European Union is considering fixing the price limit on Russian oil due to rising fuel costs. These measures could be included in the 21st package of sanctions against the aggressor.
Shipping is recovering thanks to consultations with the US and news of a possible truce. A quarter of the previously blocked vessels have already left the region.
The price of gold rose to $4,495 amid agreements between the U. S. and Iran on a truce. President Trump is expected to give final approval to the 60-day deal.