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Центробанк Турции повысил прогноз инфляции до 24%Центральный банк Турции повысил прогноз по инфляции на конец года до 24% в четверг, по сравнению с предыдущим ориентиром в 16%, сославшись на рост цен на энергоносители как на главный фактор пересмотра. Глава регулятора Фатих Карахан заявил, что к концу года показатель может достичь 26%. Годовая инфляция в апреле составила 32,4%. Пересмотренный прогноз свидетельствует о том, что регуляторам придётся сохранять жёсткую денежно-кредитную политику для сдерживания высокого уровня инфляции. Вместе с тем Карахан подчеркнул, что центральный банк не меняет свою монетарную политику и политику в отношении обменного курса. Банк намерен продолжать допускать реальное укрепление лиры, то есть валюта будет слабеть медленнее, чем растут ежемесячные цены. Такой подход призван закрепить инфляционные ожидания и привлечь иностранные инвестиции. #WorldNews2026 , #FinancialNews

Центробанк Турции повысил прогноз инфляции до 24%

Центральный банк Турции повысил прогноз по инфляции на конец года до 24% в четверг, по сравнению с предыдущим ориентиром в 16%, сославшись на рост цен на энергоносители как на главный фактор пересмотра.
Глава регулятора Фатих Карахан заявил, что к концу года показатель может достичь 26%. Годовая инфляция в апреле составила 32,4%.
Пересмотренный прогноз свидетельствует о том, что регуляторам придётся сохранять жёсткую денежно-кредитную политику для сдерживания высокого уровня инфляции. Вместе с тем Карахан подчеркнул, что центральный банк не меняет свою монетарную политику и политику в отношении обменного курса.
Банк намерен продолжать допускать реальное укрепление лиры, то есть валюта будет слабеть медленнее, чем растут ежемесячные цены. Такой подход призван закрепить инфляционные ожидания и привлечь иностранные инвестиции.
#WorldNews2026 , #FinancialNews
USA has destroyed over 90% of Iran's naval mine stockpileThe USA has taken out over 90% of around 8,000 naval mines from Iran through more than 700 airstrikes, reported US Central Command Commander Admiral Brad Cooper to legislators on Thursday. The written statement didn't touch on the ongoing control Tehran has over the Strait of Hormuz.

USA has destroyed over 90% of Iran's naval mine stockpile

The USA has taken out over 90% of around 8,000 naval mines from Iran through more than 700 airstrikes, reported US Central Command Commander Admiral Brad Cooper to legislators on Thursday. The written statement didn't touch on the ongoing control Tehran has over the Strait of Hormuz.
Latvia to Ban All Bus Services to Russia and BelarusThe Ministry of Transport of Latvia has drafted legislative amendments that will completely ban bus services to Russia and Belarus, including regular routes and transit lines, as reported on Wednesday, May 11, by the Delfi.lv portal. The ban on irregular transport in both directions was introduced back on November 1, 2025. After the amendments are passed, the state Auto Transport Directorate will revoke the licenses of specific carriers on a case-by-case basis under the Administrative Procedure Law.

Latvia to Ban All Bus Services to Russia and Belarus

The Ministry of Transport of Latvia has drafted legislative amendments that will completely ban bus services to Russia and Belarus, including regular routes and transit lines, as reported on Wednesday, May 11, by the Delfi.lv portal.
The ban on irregular transport in both directions was introduced back on November 1, 2025. After the amendments are passed, the state Auto Transport Directorate will revoke the licenses of specific carriers on a case-by-case basis under the Administrative Procedure Law.
Cem Özdemir - the first premier with Turkish roots in GermanyCem Özdemir is the new premier of Baden-Württemberg On May 13th, the Landtag of Baden-Württemberg, located in southwestern Germany, voted mostly in favor of the German politician from the Alliance 90/The Greens party, Cem Özdemir, as the new premier. 93 members voted 'for', 26 voted 'against', and 4 abstained. The 60-year-old politician becomes the first head of the Baden-Württemberg government with Turkish roots. He takes over from his party mate Winfried Kretschmann, who has been the state premier since 2011.

Cem Özdemir - the first premier with Turkish roots in Germany

Cem Özdemir is the new premier of Baden-Württemberg
On May 13th, the Landtag of Baden-Württemberg, located in southwestern Germany, voted mostly in favor of the German politician from the Alliance 90/The Greens party, Cem Özdemir, as the new premier. 93 members voted 'for', 26 voted 'against', and 4 abstained. The 60-year-old politician becomes the first head of the Baden-Württemberg government with Turkish roots. He takes over from his party mate Winfried Kretschmann, who has been the state premier since 2011.
Talanx's net profit surged 28% in Q1German insurer and reinsurer Talanx AG (ETR:TLXGn) announced on Wednesday a net profit for the first quarter of €774 million, which is 28% higher than the €604 million posted a year earlier and exceeds the company's consensus forecast of €673 million. The group reported that operating profit jumped 27% to €1.61 billion for the three months ending March 31, compared to €1.27 billion a year earlier, beating the consensus forecast of €1.47 billion. Insurance revenue came in at €12.07 billion versus €12.36 billion a year prior.

Talanx's net profit surged 28% in Q1

German insurer and reinsurer Talanx AG (ETR:TLXGn) announced on Wednesday a net profit for the first quarter of €774 million, which is 28% higher than the €604 million posted a year earlier and exceeds the company's consensus forecast of €673 million.
The group reported that operating profit jumped 27% to €1.61 billion for the three months ending March 31, compared to €1.27 billion a year earlier, beating the consensus forecast of €1.47 billion. Insurance revenue came in at €12.07 billion versus €12.36 billion a year prior.
UAE Secretly Conducting Attacks Against IranThe United Arab Emirates (UAE) have been taking military hits against Iran, responding to attacks from the Islamic Republic, as reported on Monday, May 11, by the online publication The Wall Street Journal citing informed sources. It’s indicated that in this situation, the country, on whose territory the Islamic Republic has repeatedly struck, is emerging as an active player in the war.

UAE Secretly Conducting Attacks Against Iran

The United Arab Emirates (UAE) have been taking military hits against Iran, responding to attacks from the Islamic Republic, as reported on Monday, May 11, by the online publication The Wall Street Journal citing informed sources. It’s indicated that in this situation, the country, on whose territory the Islamic Republic has repeatedly struck, is emerging as an active player in the war.
Netherlands: 12 healthcare workers quarantined due to hantavirusIn the Dutch city of Nijmegen, 12 staff members from the university medical center were sent into quarantine for breaching safety protocols while dealing with a patient infected with hantavirus, reported Reuters on Tuesday, May 12. According to his info, the center's management put 12 healthcare workers on a preventive six-week quarantine due to failing to adhere to enhanced safety measures while handling blood and urine samples from an infected individual. The hospital stated that the risk of infection is very low, and they continue to provide medical assistance to other patients without interruption, Reuters reports.

Netherlands: 12 healthcare workers quarantined due to hantavirus

In the Dutch city of Nijmegen, 12 staff members from the university medical center were sent into quarantine for breaching safety protocols while dealing with a patient infected with hantavirus, reported Reuters on Tuesday, May 12.
According to his info, the center's management put 12 healthcare workers on a preventive six-week quarantine due to failing to adhere to enhanced safety measures while handling blood and urine samples from an infected individual. The hospital stated that the risk of infection is very low, and they continue to provide medical assistance to other patients without interruption, Reuters reports.
US Budget Surplus in April Hit $215 BillionThe US government recorded a budget surplus of $215 billion in April, which is $43 billion, or 17%, less compared to the $258 billion surplus in the same month last year, the Treasury Department reported on Tuesday. The drop is attributed to an increase in tax refunds and a rise in expenditures, including higher interest payments and military spending related to the war in Iran.

US Budget Surplus in April Hit $215 Billion

The US government recorded a budget surplus of $215 billion in April, which is $43 billion, or 17%, less compared to the $258 billion surplus in the same month last year, the Treasury Department reported on Tuesday.
The drop is attributed to an increase in tax refunds and a rise in expenditures, including higher interest payments and military spending related to the war in Iran.
Electricity in the EU doesn't spike, despite the war in IranThe blockage of the Strait of Hormuz, one of the key arteries of global trade in oil, gas, and some other commodities, has been ongoing for over two months. Supply disruptions are already affecting economic growth and inflation worldwide; however, their impact is not as significant as it was in 2022 when the energy shock was triggered by the start of the war between Russia and Ukraine. For example, electricity prices in Europe have risen, but so far only marginally. Furthermore, experts do not rule out that they may trend downwards in the future.

Electricity in the EU doesn't spike, despite the war in Iran

The blockage of the Strait of Hormuz, one of the key arteries of global trade in oil, gas, and some other commodities, has been ongoing for over two months. Supply disruptions are already affecting economic growth and inflation worldwide; however, their impact is not as significant as it was in 2022 when the energy shock was triggered by the start of the war between Russia and Ukraine. For example, electricity prices in Europe have risen, but so far only marginally. Furthermore, experts do not rule out that they may trend downwards in the future.
Israel Sets Up Special Tribunal to Prosecute Hamas TerroristsThe Israeli Parliament has passed a law in its second and third readings to establish a special military tribunal to try Hamas militants involved in the terrorist attack on October 7, 2023. This law was backed by 93 out of 120 Knesset members during the vote on Monday evening, May 11, with no votes against, as reported by Israeli media.

Israel Sets Up Special Tribunal to Prosecute Hamas Terrorists

The Israeli Parliament has passed a law in its second and third readings to establish a special military tribunal to try Hamas militants involved in the terrorist attack on October 7, 2023. This law was backed by 93 out of 120 Knesset members during the vote on Monday evening, May 11, with no votes against, as reported by Israeli media.
In Ukraine, Yermak is suspected of laundering 460 million hryvniasIn Ukraine, the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) have notified former President's Office head Andriy Yermak of suspicion of laundering funds obtained through criminal means (part 3 of article 209 of the Criminal Code of Ukraine). Specifically, the case involves washing 460 million hryvnias (approximately 8.9 million euros) in elite construction projects near Kyiv, according to reports from NABU and SAP released on Telegram on Monday evening, May 11.

In Ukraine, Yermak is suspected of laundering 460 million hryvnias

In Ukraine, the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) have notified former President's Office head Andriy Yermak of suspicion of laundering funds obtained through criminal means (part 3 of article 209 of the Criminal Code of Ukraine). Specifically, the case involves washing 460 million hryvnias (approximately 8.9 million euros) in elite construction projects near Kyiv, according to reports from NABU and SAP released on Telegram on Monday evening, May 11.
India Refuses to Buy Russian LNG Due to SanctionsIndia, despite the energy crunch caused by the Middle Eastern conflict and the blockade of the Strait of Hormuz, has refused to accept Russian liquefied natural gas which falls under US sanctions. This was reported on Monday, May 11, by Reuters, citing two sources directly familiar with the situation. Indian representatives informed Russian Deputy Minister of Energy Pavel Sorokin of their refusal during his visit to New Delhi on April 30.

India Refuses to Buy Russian LNG Due to Sanctions

India, despite the energy crunch caused by the Middle Eastern conflict and the blockade of the Strait of Hormuz, has refused to accept Russian liquefied natural gas which falls under US sanctions. This was reported on Monday, May 11, by Reuters, citing two sources directly familiar with the situation. Indian representatives informed Russian Deputy Minister of Energy Pavel Sorokin of their refusal during his visit to New Delhi on April 30.
The Peruvian government has allowed Petroperu to secure private creditThe Peruvian government on Monday allowed the state oil company Petroperu to secure private loans to tackle its liquidity crunch. According to the issued emergency decree, the Ministry of Finance is allowed to take on conditional obligations to domestic or international entities amounting to up to $2 billion to support Petroperu's operations, including $500 million in the form of short-term obligations. Details were published in Peru's official bulletin a few weeks after Petroperu announced liquidity issues.

The Peruvian government has allowed Petroperu to secure private credit

The Peruvian government on Monday allowed the state oil company Petroperu to secure private loans to tackle its liquidity crunch.
According to the issued emergency decree, the Ministry of Finance is allowed to take on conditional obligations to domestic or international entities amounting to up to $2 billion to support Petroperu's operations, including $500 million in the form of short-term obligations. Details were published in Peru's official bulletin a few weeks after Petroperu announced liquidity issues.
Trump called Iran's response to US proposal unacceptableUS President Donald Trump called Iran's response to Washington's latest proposal to end the war "completely unacceptable." "I just read the response from the so-called 'representatives of Iran.' I don't like it - it’s absolutely unacceptable!" - the US president posted on the social network Truth Social on Sunday, May 10.

Trump called Iran's response to US proposal unacceptable

US President Donald Trump called Iran's response to Washington's latest proposal to end the war "completely unacceptable." "I just read the response from the so-called 'representatives of Iran.' I don't like it - it’s absolutely unacceptable!" - the US president posted on the social network Truth Social on Sunday, May 10.
Euro Commission is in talks with OpenAI and AnthropicThe European Commission is conducting separate talks with American companies in the AI space — OpenAI and Anthropic. Negotiations with each of the companies are at different stages, the Commission's representative said on Monday. OpenAI has reached out to the Commission and proposed to provide access to its new AI model, stated representative Thomas Renier at the daily press briefing. The Commission welcomed the company's initiative, and negotiations about possible next steps are ongoing.

Euro Commission is in talks with OpenAI and Anthropic

The European Commission is conducting separate talks with American companies in the AI space — OpenAI and Anthropic. Negotiations with each of the companies are at different stages, the Commission's representative said on Monday.
OpenAI has reached out to the Commission and proposed to provide access to its new AI model, stated representative Thomas Renier at the daily press briefing. The Commission welcomed the company's initiative, and negotiations about possible next steps are ongoing.
South Korean stocks hit a new peak. Why is JPMorgan anticipating another 28% growth?The South Korean Kospi index hit a new all-time high of 7899.32 points during trading on May 11. Emerging market stocks are rallying as investor interest in artificial intelligence soars — concerns over stalled peace talks between the US and Iran were largely brushed off by emerging market equities on Monday, according to Bloomberg.

South Korean stocks hit a new peak. Why is JPMorgan anticipating another 28% growth?

The South Korean Kospi index hit a new all-time high of 7899.32 points during trading on May 11. Emerging market stocks are rallying as investor interest in artificial intelligence soars — concerns over stalled peace talks between the US and Iran were largely brushed off by emerging market equities on Monday, according to Bloomberg.
Czech Central Bank Unveils Scenarios Related to Energy PricesThe Czech National Bank on Monday unveiled alternative economic scenarios linking possible changes in interest rates to various levels of energy prices compared to the baseline forecast. The bank has prepped scenarios showing how higher or lower energy prices will impact monetary policy. If energy prices spike, the three-month Prague interbank offered rate (PRIBOR) could hit around 4.5% by the end of 2026, while a drop in prices would see the rate slightly decrease over the same period.

Czech Central Bank Unveils Scenarios Related to Energy Prices

The Czech National Bank on Monday unveiled alternative economic scenarios linking possible changes in interest rates to various levels of energy prices compared to the baseline forecast.
The bank has prepped scenarios showing how higher or lower energy prices will impact monetary policy. If energy prices spike, the three-month Prague interbank offered rate (PRIBOR) could hit around 4.5% by the end of 2026, while a drop in prices would see the rate slightly decrease over the same period.
Hantavirus symptoms found in another passenger on the Hondius linerOne in five French nationals evacuated from the cruise ship Hondius, where a hantavirus outbreak occurred, showed symptoms of the illness during the repatriation flight. This was reported on Sunday, May 10, by French Prime Minister Sébastien Lecornu on his social media page X.

Hantavirus symptoms found in another passenger on the Hondius liner

One in five French nationals evacuated from the cruise ship Hondius, where a hantavirus outbreak occurred, showed symptoms of the illness during the repatriation flight. This was reported on Sunday, May 10, by French Prime Minister Sébastien Lecornu on his social media page X.
Inflation in Moldova accelerated to 6.8% in AprilConsumer inflation in Moldova year-over-year rose to 6.8% in April, up from 5.81% in March, according to data released by the National Bureau of Statistics on Monday. The April indicator shows an acceleration in price growth, aligning with the inflation rate recorded for the entirety of 2025.

Inflation in Moldova accelerated to 6.8% in April

Consumer inflation in Moldova year-over-year rose to 6.8% in April, up from 5.81% in March, according to data released by the National Bureau of Statistics on Monday.
The April indicator shows an acceleration in price growth, aligning with the inflation rate recorded for the entirety of 2025.
Russia and Saudi Arabia Introduced Mutual Visa-Free RegimeOn Monday, May 11th, an agreement came into effect between Russia and Saudi Arabia regarding the mutual cancellation of visa requirements. According to this, citizens of the Russian Federation will be able to enter the kingdom and stay there without a visa for a continuous or cumulative total of up to 90 days within a calendar year. Similar conditions apply for citizens of Saudi Arabia arriving in Russia.

Russia and Saudi Arabia Introduced Mutual Visa-Free Regime

On Monday, May 11th, an agreement came into effect between Russia and Saudi Arabia regarding the mutual cancellation of visa requirements. According to this, citizens of the Russian Federation will be able to enter the kingdom and stay there without a visa for a continuous or cumulative total of up to 90 days within a calendar year. Similar conditions apply for citizens of Saudi Arabia arriving in Russia.
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