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Uzbek companies are increasingly developing local brands for domestic and international competition. Industrial production rose 6.8% in 2025, with exports increasing 24% to approximately 29 billion euros.
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Serbia and Uzbekistan aim to boost trade and are discussing a free trade agreement. Bilateral trade reached a record $41.9 million in 2025, with Serbian agricultural and food exports increasing by 54.1% in early 2026.
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The travel industry warns of new border concerns and long waiting times following the end of emergency measures for the EU's Entry/Exit System (EES). Representatives from Ryanair and Holiday Extras criticize the system as failed and demand an extension of flexible rules until April 2027. The EU Commission, however, considers the system to be largely functioning well.
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Canada has introduced retaliatory tariffs of up to 50 percent on US goods valued at 27.6 billion Canadian dollars. This action is a response to US tariffs on Canadian products, intensifying an 18-month trade dispute.
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Qatar and the UAE are using ship-to-ship transfers to maintain LNG exports despite the Strait of Hormuz blockade. These emergency measures increase the cost of each shipment by over $1 million and extend travel time by up to 35 hours.
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French AI startup Mistral has secured three billion euros in a funding round, valuing the company at over 21 billion euros. The company plans to invest the capital in research, development, and infrastructure.
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Climate change could favor the cultivation of the valuable spice saffron in Germany, particularly in the Lausitz region on sandy soils. The second German Saffron Symposium took place yesterday in the Oberspreewald-Lausitz district to network German saffron growers.
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US startup Tau Robotics offers humanoid robots for home cleaning at approximately €26 per hour. These robots are increasingly handling complex tasks, though they are still remotely controlled. Concerns exist regarding data privacy due to recordings used for AI training.
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Canada is introducing tariffs of up to 50 percent on US imports, including steel, aluminum, appliances, farm machinery, and electronics, starting at midnight. This is a response to US tariffs on Canadian goods that took effect in August after trade talks failed.
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Record prices for diesel and gasoline in Portugal have led to protests. Diesel reached €2.169 per liter and gasoline €2.142 per liter. An analysis by regulator ERSE found no evidence of exploitation by operators.
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