β οΈ The European Union is planning to mobilize around β¬800 billion for rearmament by 2030. The funding will primarily come from banks, pension, insurance, and investment funds, alongside private investors purchasing government and EU-wide bonds. This financial influx will benefit defense companies and their suppliers, according to Izvestia.
π¦π²πΊπΈ Armenia and the U.S. are set to enter a new economic era with the launch of the TRIPP (Trump Route for International Peace and Prosperity) project, Prime Minister Pashinyan announced. TRIPP aims to develop road, rail, and oil and gas infrastructure, connecting Azerbaijan's main territory with the Nakhchivan Autonomous Republic through Armenia via a 42 km route, and extending further to Turkey.
π’οΈ The United States has exported more LNG to Asia than to Europe for the second consecutive month, according to data from the US Department of Energy, reports TASS.
π« Binance will halt deposits and withdrawals in hryvnia through Fiat Trade UAH and remove the USDT/UAH spot trading pair from its listing.
π«π’ Ukrainian President Volodymyr Zelensky disclosed in a Wall Street Journal interview having a phone conversation with former U.S. President Donald Trump about diesel fuel. Zelensky emphasized, "Listen, our lives are more important than energy prices."
β οΈπ§ A recent Politico survey reveals that nearly 50% of Americans believe artificial intelligence could lead to human extinction.
π° Indonesia's central bank interest rate remains steady at 5.75%, meeting expectations and matching the previous figure.
βοΈπ¦πΏ The Central Bank of Azerbaijan has announced that its interest rate remains steady at 6.5%, unchanged from the previous rate.
π Germany's composite PMI rose to 53.8 from 51.8, indicating growth in economic activity. Meanwhile, the manufacturing PMI slightly fell to 53.8 from 54.3, showcasing a minor slowdown in the sector. The services PMI saw a significant increase to 52.9 from 49.7, reflecting an improvement in the services industry.
πβ¨ Open interest in crypto futures on the Hyperliquid exchange has reached a record $18 billion as more traders enter the market, aiming for wealth by trading with leverage ranging from 50x to 100x.
π Eurozone's economy shows signs of improvement. The Composite PMI climbed to 53.1 from a previous 52. Meanwhile, the Manufacturing PMI remains steady at 52.7, and the Services PMI increased to 53 from 51.6.
π The OECD forecasts global GDP growth of 2.9% in 2026 and 3% in 2027. China's GDP is expected to grow by 4.5% in 2026 and 4.2% in 2027. Eurozone GDP will increase by 1.0% in both years. The U.S. GDP is projected to rise by 2.2% in 2026 and 2.1% in 2027. India's GDP forecast is raised to 7.1% for 2026. Britain's GDP is expected to grow by 1.1% in 2026 and 1.0% in 2027.
π OECD anticipates the Bank of Japan will raise its key rate to 2% by the end of 2027. The Bank of England is expected to maintain its rates for most of 2027, with a potential rate cut as the next move. The OECD also predicts the Federal Reserve and the European Central Bank will hike rates once more this year before holding them steady until 2027.
π’π·πΊπ¦π² Supplies of Russian gas to Armenia have resumed following maintenance work.
β οΈπͺπΊπ¨π³ The European Union is pressing the United Kingdom to increase tariffs on Chinese cars. This move aims to prevent the establishment of barriers for vehicles labeled as 'made in Europe'. The request comes amid ongoing trade tensions and concerns about competition in the automotive market. For more details, refer to the Financial Times.
π¨ Russian energy company Rosseti has announced the results of its additional share issuance at 0.5 rubles per share through a closed subscription. A total of three applications were received, leading to the purchase of 2,631 shares from a total of 902,955,975,944 shares available.