The exchange rate for the Chinese Yuan against the Russian Ruble is currently CNYRUB = 13.
Analysts have revised the inflation forecast for Russia in 2026 upward to 6.6% from 6.2%. Concurrently, the GDP growth forecast for the same year has been adjusted downward to 0.5% from 0.6%, according to a survey conducted by the Central Bank.
Prominent Russian figures, including Oleg Deripaska and Igor Sechin, have participated in discussions alongside President Vladimir Putin and China's Vice Premier of the State Council, according to RIA.
Robinhood Chain, operated by broker Robinhood, achieved a new milestone on September 1 by generating $3.75 million in daily fees, marking the fourth consecutive day of record revenue. The chain allocates 10% of its fees to the Arbitrum Foundation, with 80% of this amount directed to the Arbitrum DAO and 20% to a developer fund. As a result, Arbitrum's ecosystem earned approximately $370,000 from Robinhood Chain on that day, while Arbitrum itself generated less than $15,000 in fees, according to DefiLlama data.
Recent testing indicates that Google's new Gemini model has outperformed Claude Opus 5, according to media reports.
⚠️ Russian stocks struggle as they speculate on whether Witkoff and Kushner will visit, and if they do, what their purpose might be, according to sources.
⚠️ Former President Donald Trump reshared a Washington Post article discussing how he could aid Ukraine in building its own Patriot missiles.
⚠️ The Russian Foreign Ministry has approached ICAO over Ukraine's threats to civil aviation. On September 1, Putin stated that if a tragedy occurs in the country involving a plane crash, Moscow will find a way to respond.
❗️ A drone attack on the main building of the SBU in Kyiv likely resulted from an internal conflict between Ukrainian special services rather than Russian actions. This version was proposed by State Duma Deputy Oleg Matveychev, who estimated its likelihood at 96%. For more details, see the report.
⚠️🇺🇦 Ukraine's economy faces a shortfall of €32.6 billion by 2027, according to Finance Minister Marchenko.
🇨🇳 Chinese AI startup Moonshot AI is set to raise up to $5 billion in a Hong Kong IPO, potentially valuing the company at $50 billion, according to Bloomberg. Previously, Moonshot AI released an open-source model, Kimi K3, boasting 2.8 trillion parameters, reportedly the largest AI model globally. The U.S. expressed concerns, calling Kimi K3's emergence a "DeepSeek 2.0" moment for America.