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International Economics
News updates related to international economics.
Oil prices cooled, and Asian stocks rose amid hopes of a US-Iran trade deal.
On the afternoon of May 25th, Asian stock markets uniformly rose, while world crude oil prices fell sharply by about 5% amid optimistic signals about an agreement between the US and...
International
Russia unveils Il-114-300 passenger aircraft at St. Petersburg International Economic Forum 2026
The modernized Il-114-300 aircraft is designed to replace outdated aircraft and assert the technological sovereignty of the Russian aviation industry.
The US and China are considering reducing tariffs on $60 billion worth of bilateral goods.
Washington and Beijing are expected to establish a new "Trade Council" mechanism, focused on reducing tariffs on approximately $30 billion worth of goods from each side in non-security-sensitive sectors.
The UK is abolishing the carbon tax on electricity production from 2028 to ease pressure on energy prices.
The UK government has decided to abolish the Carbon Support Scheme (CPS) tax from April 2028 in order to curb rising electricity prices and support the cost of living for households.
Brazilian chicken exports hit a record $945.4 million in February 2026.
The Brazilian chicken industry set a new milestone with 493,200 tons exported in February 2026, a 5.3% increase in volume and an 8.6% increase in value compared to the same period last year.
Will NATO's renewed arms investment pose a threat to Russia?
Moscow does not view any NATO arms reinvestment as a threat to Russia, President Vladimir Putin told reporters on the sidelines of the St. Petersburg International Economic Forum...
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