... decline in orders. While the US and its partners discuss ways to ease trade disputes, uncertainty persists. Export-oriented economies in Asia (especially the high-tech sectors of Southeast Asia) are vulnerable to a possible intensification of the trade war in the second half of the year. Additionally, in Japan, domestic politics have taken the spotlight: ahead of elections for the upper house of parliament (set to take place on Sunday), the ruling coalition risks losing its stable majority. This political ...

... factors are contributing to the price increases: Trade truce and rising demand. Progress in trade negotiations between major economies has improved market sentiment. Washington and Brussels have reached a framework agreement that has avoided a new tariff war: agreements have been made to reduce duties and increase U.S. energy exports to Europe, bolstering investor confidence and heightening expectations for increased demand for oil and gas. Additionally, the U.S. and India have made strides in resolving ...

... resolving the conflict in Ukraine to 10–12 days, threatening enhanced sanctions, which added uncertainty regarding future energy resource supplies from Russia. The US-EU Trade Deal Supported the Market: Washington and Brussels narrowly avoided a trade war by agreeing on mutual tariffs and large-scale purchases of American energy resources by the European Union. This news improved investor sentiment and intensified expectations for increased demand for US oil in the future. Geopolitical Premium in Prices: ...

... was a small family confectionery factory in the town of Alba. Rivella began his career in the company’s research department, focusing on raw material analysis and the development of new recipes for confections. The Creation of Nutella After World War II, Europe faced a cocoa shortage, complicating chocolate production. In search of alternatives, Pietro Ferrero, the founder of Ferrero, developed Giandujot paste in 1946—a mixture of cocoa and local hazelnuts sold in bar form. In 1951, a creamier ...

... points along Canada’s southern border. Collaboration with Britain. Support from the British navy and army was considered a key factor in a successful defense. Historical Roots of Conflicts The rivalry between the U.S. and Canada dates back to the War of 1812, when Canadian forces, acting on behalf of the British Empire, invaded Washington and burned the White House. This episode left a deep mark on American history, fostering lasting distrust. In the following decades, conflicts continued: Border ...