🚨 Russia's Manufacturing PMI for July stands at 47, down from 47.5, indicating a continued decline in activity within the country's industrial sector.
⚠️🇺🇦 The U.S. Senate Appropriations Committee has approved a military spending bill that includes nearly $1 billion in support for Ukraine, despite a request from the Trump administration to exclude such funding. Additionally, a bipartisan bill has been introduced in the Senate proposing $54.6 billion in aid to Ukraine over the next two years. The proposal suggests that up to one-third of this aid will be funded through revenues from Russian assets and arms sales to allies in the EU.
🇷🇺 The government has outlined criteria for determining which organizations will relocate from Moscow to the regions, according to a report by "Vedomosti." A preliminary list includes around 170 state corporations and companies with government participation that are potential candidates for the move. For more details, visit here.
🇷🇺 TGC-2 reported its RAS results for the first half of 2025, showing a profit of 1.88 billion rubles, down from 2.42 billion rubles in the same period last year.
🌟 The digital ruble is not a cryptocurrency, despite sharing some characteristics, nor is it merely a digital version of cash. It represents a new form of national currency that could fundamentally transform monetary transactions in Russia, potentially replacing both cash and non-cash payments. While the system may benefit the public and businesses, it also subjects them to greater oversight of financial activities. Additionally, the digital ruble could significantly reduce banks' commission income, estimated at over 2 trillion rubles annually, prompting resistance from the banking sector. — Forbes
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🇷🇺 A third of investors plan to reinvest dividends from Sberbank back into its shares, according to a recent survey by SberInvest. This comes ahead of the bank's record dividend payouts. Sberbank's senior vice president, Ruslan Vesterovsky, noted the stable interest in the bank's shares and the desire to increase capital through long-term growth. He added that, in July, every shareholder had the opportunity to join Sber's Shareholder Club. For more details, visit Gazeta.
💥 Chainlink has launched data streams for American stocks and ETFs, as well as for the prices of tokenized assets across 37 different blockchains.
🔥⚠️🛢🇺🇸🇮🇳 Former President Donald Trump has threatened India with significant tariff increases due to its substantial purchases of Russian oil. He stated that India not only buys a large quantity of Russian oil but also sells much of it on the open market for considerable profit. The exact tariff rate has not yet been specified.
🌍 CZ envisions a scenario where a country lacks artificial intelligence, blockchain technology, and a robust internet industry. This absence could hinder technological advancement and economic growth, limiting opportunities for innovation and connectivity. The implications of such a situation highlight the critical role that these technologies play in shaping modern societies and economies. For more insights, visit here.
💰 Nornickel reports a consolidated net profit of $842 million for the first half of 2025, a slight increase from $829 million in the same period last year. The company's financial performance highlights its ongoing strength in the market. For more details, check the full report here.
⚠️🇺🇸🇷🇺 US to Impose Sanctions on Key Russian Oil Importers
NATO Representative Matthew Whittaker announced that the United States will implement sanctions against major importers of Russian oil, specifically targeting China, India, and Brazil. Whittaker believes these measures will significantly impact Russia's revenue sources. The sanctions are set to take effect on August 8.
NATO Representative Matthew Whittaker announced that the United States will implement sanctions against major importers of Russian oil, specifically targeting China, India, and Brazil. Whittaker believes these measures will significantly impact Russia's revenue sources. The sanctions are set to take effect on August 8.
⚠️🇮🇳 Indian stocks are bracing for volatility amid threats from Trump to increase tariffs, according to Bloomberg. Investors are closely monitoring the situation as potential trade tensions could impact market stability. The uncertainty surrounding tariff changes may lead to fluctuations in stock prices, prompting caution among traders.
⚠️🇪🇺 European companies that have failed to meet earnings expectations are experiencing unprecedented declines this quarter. According to a recent Goldman research, the market is reacting more severely than in decades to profit misses.
🛢 Aramco's CEO reported that demand for oil remains robust, driven by gasoline and jet fuel consumption in the United States and China. The continued growth in these sectors highlights the ongoing need for oil as both countries recover and expand their economies. For more details, visit this article.
🌟 Canadian company Mogo has sold nearly half of its stake in WonderFi for approximately $13.8 million. The proceeds will be used to further purchase BTC for its balance sheet.