The main events by the morning: May 6

• Instant coffee prices may rise due to a sharp jump in prices for robusta coffee futures. Its value has reached its highest level in the last 45 years. In Vietnam, the world's largest producer of robusta, supply difficulties continue due to crop failures both last and this season.

• An increase in furniture imports to Russia led to a decrease in sales of domestic manufacturers. According to forecasts of industry associations, the volume of production may decrease by 19% by the end of 2024. A complete ban on the import of goods from «unfriendly» countries, as well as an increase in import duties for suppliers from «friendly» states, will help stop this process. 

• The Houthis are now in the Mediterranean. One of the leading Houthi military leaders, General Yahya Sami, said that Yemeni rebels would begin attacking ships in the region.

• French President Emmanuel Macron is seeking to distance China from Russia. During Xi's upcoming visit to Paris, he plans to put pressure on China to reduce the trade imbalance and reduce Beijing's influence on Moscow in connection with the conflict in Ukraine.

• Washington insists on providing Ukraine with additional assistance in the amount of $50 billion from the G7 countries. Sources claim that the United States will try to reach an agreement on this at the upcoming G7 summit in Italy in June, but negotiations on this issue are continuing rather difficult.

• Turkish banks are losing interest in customers from Russia. One of the largest banks in Turkey, DenizBank, has been refusing to open accounts for Russians more often since the beginning of 2024, even if they have local residence permits and residence permits. Previously, account opening was available only if you have a foreign passport.