Russian e-commerce firm Ozon has suggested that merchants utilize warehouses in Kazakhstan for storing goods intended for sale in Russia. The move aims to improve logistics efficiency and expand market access for sellers targeting Russian consumers. More information is available here.

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A busy day on the global economic calendar with several key events scheduled. In Russia, the Eastern Economic Forum remains underway. Australia is set to release its Q2 GDP data, while New Zealand’s central bank will announce its decision followed by a press conference. The United States will publish ADP Employment and Factory Orders figures, and Canada is scheduled to announce its central bank interest rate. Later, the U.S. Beige Book will be released. Russia’s Finance Ministry is conducting a bond auction. Corporate earnings reports include NetApp, Hewlett Packard Enterprise, C3.ai, Barrick Gold, Snowflake, and Broadcom.

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The US dollar is currently valued at 6.72 against the Chinese yuan and 88.2 versus the Russian ruble.

New Zealand's central bank has increased the official cash rate to 2.75%, up from 2.5%, in line with market expectations. The Monetary Policy Committee indicated that a gradual withdrawal of stimulus measures supports its target to return inflation to 2%.

Russia's Yakutia region has uncovered new diamond deposits, bolstering the country's diamond mining sector, according to Rosnedra in a statement to RIA Novosti.

Deputy Foreign Minister of Russia Alexander Grushko said at the Eastern Economic Forum that the West’s position on sanctions remains unchanged and does not support the resumption of the Black Sea grain deal, according to RIA.

Russia's United Aircraft Corporation (UAC) expects to deliver the first Il-114-300 aircraft to a customer in 2026. The company has secured multiple orders for the regional aircraft from Russian airlines, according to the Ministry of Industry and Trade and TASS.

Russian enterprises are increasingly integrating into the zonal-object air defense system to enhance facility protection, with several companies designated for temporary management measures. Final decisions on ending temporary management will be made at the highest levels, based on security and recovery objectives, according to Manturov, TASS.

Kostin states that cryptocurrencies are poised to dominate the future, though the specific assets that will lead are uncertain. He noted that private, non-state digital currencies face significant opposition from central banks and financial regulators, citing existing monetary policies such as M1, M2, and interest rates. Despite regulatory pushback, Kostin highlighted the continued presence of an unregulated digital asset market.

The United States and Iran conducted significant strikes overnight. Former President Donald Trump threatened to destroy Iran if it proceeds with retaliatory attacks, according to Fox News.

Russian Deputy Minister Grushko warns of heightened escalation risk in Baltic region, RIA reports.

Russia's state authorities have no plans to divest their controlling stake in "Rusagro," with the Russian Agricultural Bank (RSХБ) set to maintain management of the asset. Boris Listov, head of RSХБ, confirmed the continuation of the bank's oversight, according to Interfax.

European Union member states have called for the abolition of the veto system in foreign policy matters. The current unanimity requirement has frequently hampered the bloc’s decision-making, and with the evolving international landscape, a move toward qualified majority voting is being proposed to enhance the EU’s ability to act decisively, Euronews reports.

NATO countries are approaching a potential military confrontation with Russia, said Grushko.

Russia’s six-month delay in implementing export duties on diamonds is justified by the “low level” of the global diamond market and prices, according to Aisen Nikolayev, head of Yakutia, as reported by RIA Novosti. The government previously postponed the introduction of the diamond export duty, which is now set to take effect on March 1, 2027.

Russian businesses expect the Bank of Russia to lower the key interest rate to at least 10%, according to Sergey Katyrin, President of the Chamber of Commerce and Industry. RIA reports.

Anton Siluanov told Vesti that Russia and the U.S. should continue dialogue, highlighting that economic cooperation could support political negotiations. Meanwhile, Bessent stated that easing sanctions or forging new agreements is unlikely until the Ukraine conflict concludes.

RusHydro to receive 450 billion rubles in support measures over the next five years, with plans to sustain its investment program at current levels through 2027. An additional 170 billion rubles will be secured via a liberalization mechanism for hydroelectric power plants. The company has indicated it is not considering the construction of new thermal power plants in the Far East, according to board member Roman Berdnikov at the Eastern Economic Forum.

India boosts imports of Russian ESPO crude, reports Kommersant.