Governments are forced to cut spending due to the high cost of long-term borrowing. Also, rising rates affect lending to businesses and households. Their opportunities are limited.
Texas regulators have warned of the risk of an environmental disaster due to excessive wastewater disposal in the Permian Basin. This could lead to the cessation of oil production.
The finance ministers of the G7 countries agreed to continue supporting Ukraine. Despite uncertainty about the US position, the group of countries is determined to show solidarity.
The EU is investing €40 million in the European Defence Fund for the first time to boost military capabilities. This comes amid growing security threats due to the war in Ukraine.
TikTok Shop, a ByteDance division, has announced staffing and organizational changes in the US. The company strives to create a more efficient operating model, despite political and market risks.
Bitcoin soared to a record $111,878, supported by optimism about regulation and demand from major players such as Michael Saylor's strategy. The growth comes amid Trump's meeting with memecoin owners.
The city of Chicago intends to acquire the house where Pope Leo XIV was born and raised through eminent domain. This happened after the election of Cardinal Prevost as Pope.
Donald Trump Jr. hinted that he may try to succeed his father and run for US president. He announced this at the Qatar Economic Forum.
Great Britain is suspending trade negotiations with Israel and introducing sanctions. This is a reaction to Israel's actions in the Gaza Strip, which are deepening the humanitarian crisis.
QatarEnergy plans to start supplying liquefied gas from the North Field East field by mid-2026. This will increase Qatar's annual LNG production to 110 million tons.
The U. S. Senate overcame procedural hurdles to pass a stablecoin bill. A bipartisan group hopes to pass it this week despite disagreements.
Apple is working on a complete redesign of LLM Siri to catch up with competitors in the field of AI. The company is changing its approach and investing in a new architecture for a more plausible and informative assistant.
Donald Trump has stated his willingness to visit China for negotiations with Xi Jinping on important issues. He also emphasized the importance of keeping Arab countries out of Beijing's influence.
Price growth in Russia slowed down for the first time in six months, and annual inflation in April was 10. 3%. The economy is losing momentum, which may lead to a rate cut.
The Russian delegation for negotiations included the head of the GRU, Igor Kostyukov, who is under US and UK sanctions.
The spokesperson of the Ministry of Foreign Affairs of Ukraine, Heorhii Tykhyi, responded to Zakharova's personal attacks against Zelenskyy, stating that the role of the Russian department is only to bark from Moscow.
Ukrainian President Volodymyr Zelenskyy has arrived in Turkey for talks. He said his presence there is a clear signal to the Russian dictator.
Vladimir Putin sent a lower-level delegation to Turkey for negotiations with Ukraine, which reduces the prospects of a peaceful breakthrough. The US Secretary of State is expected to join the negotiations on Friday.
Airbnb expands its capabilities: in the new app, you can order services such as dinners from star chefs, massages or professional photo shoots. Services are available in 260 cities.
Speaker of the House Mike Johnson said that Trump receiving a Boeing 747-8 aircraft from Qatar is not an ethical issue. He called it a normal donation to the US government.
NATO negotiators aim to reach 5% of GDP on defense by 2032 to soften Trump's demands. Ministers will discuss this in Antalya amid efforts to end the war in Ukraine.
The new Pope Leo XIV has stated that artificial intelligence poses a serious problem. It creates challenges for the protection of human dignity, justice and labor.
Ferrari expects sales in China to increase with the launch of the Elettrica EV, which is taxed at a lower rate than cars with 12-cylinder engines. Ferrari sales in China fell by 25%.
The Chinese leader hopes for a fair peace agreement that will be accepted by all parties. Putin announced his readiness for negotiations without preconditions to reach agreements.
The Trump administration is considering tariff cuts of up to 60% in negotiations with China in Geneva. This is intended to reduce tensions and ease economic difficulties for both sides.
Canada invests $15. 1 billion in the construction of nuclear power plants with small modular reactors, becoming the first G7 country with this technology. Ontario Power Generation has received permission for the first phase of the project.
Apple is actively developing new chips for smart glasses, Macs, and AI servers, planning to release them by 2027. The company is also working on chips for Apple Watch and AirPods.
Boeing plans to deliver the new Air Force One aircraft by 2027, although there are delays due to labor shortages and supplier issues. The project is five years behind schedule.
Robert Fico stated that a complete abandonment of Russian energy carriers would harm the competitiveness of both the EU and Slovakia. He rejected this idea at the negotiations.
Xi Jinping and Putin will discuss a gas pipeline project that has been stalled for years due to disagreements. China may break the deadlock by allowing a higher selling price.