When the public sector becomes a strategic driver of economies:

In many major global economies, the state continues to play a significant role in strategic areas, not only through companies, but also through national investment funds amounting to hundreds of billions of dollars. From Singapore to China, South Korea, and Norway, the common thread is not the level of state intervention, but how the public sector is organized to serve long-term goals while operating according to modern market principles.

Nomination of Kevin Warsh as head of the Federal Reserve on May 22: President Donald Trump’s administration announced on May 21 that an inauguration ceremony for Kevin Warsh, the new Federal Reserve (Fed) chair, would take place on May 22 (US time) at the White House. Mr. Warsh’s appointment at the head of the Fed is of particular interest to investors due to his more accommodative monetary policy.

United States: Gas prices exceed $4 per gallon in all 50 states just before Memorial Day (May 23-25). In all 50 US states, gas prices exceed $4 per gallon (1 gallon = 3.78 liters) as Memorial Day approaches. This surge in fuel prices represents a major challenge for the Trump administration, which fears a potential drop in demand.

The global electric vehicle market: a changing landscape: The United Kingdom is neither the leading global electric vehicle market nor has the most efficient charging infrastructure. Yet, last year, the growth rate of electric vehicle sales in the UK, a country facing cost of living crises and Brexit consequences, outpaced that of China, the world’s leading electric vehicle production center. This turnaround reflects significant developments on three major markets: the UK experiences acceleration, China faces a slowdown, while the United States is declining.

Investors are selling their Bitcoins as prices start to recover: US Bitcoin cash exchange-traded funds (ETFs) have just recorded their ninth significant weekly capital outflow since their launch in early 2024. This movement reveals a worrying psychological paradox in the cryptocurrency market: the price level that should attract buyers is instead triggering massive sales.

Europe seeks to reduce its dependence on American payment giants: According to sources close to the matter, Europe’s efforts to reduce its dependence on American payment giants like Visa and Mastercard are causing deep divisions between the European Central Bank (ECB) and regional financial institutions. This conflict stems from banks’ desire to preserve their sources of revenue, which hinders the establishment of a national payment system.

The EU may temporarily lift sanctions against the Chinese chip manufacturer: According to certain sources, the European Commission will propose this week a temporary lifting of sanctions imposed on the Chinese group Yangzhou Yangjie Electronic Technology Co., following warnings from automakers about potential disruptions to the supply chain. Such a measure would require the approval of the EU’s 27 member states.

El Niño and conflicts in the Middle East threaten rice production in the Philippines and Asia: The climate phenomenon El Niño, expected later this year, combined with the impact of conflicts in the Middle East leading to a sharp increase in fertilizer prices, raises concerns about a decline in rice production in the Philippines and many Asian countries this year and next year. Some farmers may even have to abandon rice cultivation due to rising production costs.

The international maritime transport industry considers a scenario of Iranian control of the Strait of Hormuz: According to the Gulf economic news site AGBI, the international maritime transport industry is increasingly seriously considering the scenario in which the Strait of Hormuz could resume its activities under Iranian administrative control in the long or semi-long term, instead of returning to the free navigation status it had before the conflict.

Source: https://baotintuc.vn/kinh-te/diem-tin-kinh-te-the-gioi-noi-bat-ngay-2252026-20260522205004170.htm