The EU and Mercosur launched a provisional free trade zone impacting automotive, machinery, and pharmaceuticals, with key regulatory hurdles and environmental concerns pending resolution.
Italy and Germany express concern over Israel’s interception of a humanitarian flotilla near Crete aimed at delivering aid to Gaza amid ongoing tensions.
Oxfam reveals a 56% rise in CEO pay among Germany’s DAX 40 firms since 2019, while worker wages lag behind inflation and social inequality grows amid economic pressures.
The Central Bank keeps the key rate at 14% citing persistent inflation in food prices and external risks, despite overall inflation easing in early 2024.
Uzbekistan’s halted gold exports since September 2025 caused a 29.3% drop in exports despite overall trade growth in Q1 2026, driven by strong import growth and dominant trade with China.
Uzbek payment providers Paynet, Payme, and Click report strong but varied Q1 2026 profit growth, with Paynet leading on a 314% surge boosted by a one-time dividend.
Uzbekistan’s divorce rate in urban areas now reaches one in three marriages, with ongoing demographic shifts affecting market and social dynamics.
The UK has withdrawn accreditation from a Russian diplomat in response to Moscow’s expulsion of a British diplomat accused of espionage, escalating diplomatic tensions.
Israeli naval forces detained several ships from a humanitarian flotilla attempting to deliver aid to Gaza, enforcing a longstanding maritime blockade amid regional tensions.
Oil prices surged over 7% as U.S. President Trump threatened a long-term blockade of Iran, raising concerns about supply disruptions through the strategic Strait of Hormuz.
The US will issue special passports featuring President Trump’s portrait for the 250th independence anniversary, alongside commemorative currency and gold coins.
Moscow’s May 9 Victory Day parade will omit military vehicles for the first time in years due to operational security concerns amid heightened regional tensions.