โ ๏ธ๐ท๐บ The Central Bank of Russia is expected to raise its inflation forecast for 2026 to 6โ7.5% during its meeting on July 24, while maintaining the key interest rate at 14.25%. This information was reported by Izvestia. Major banks are also increasing interest rates on short-term deposits, according to Kommersant.
๐๐บ๐ธ The President of Circle, the issuer of the USDC stablecoin, Hyt Tarbert, addressed concerns regarding the company's stock price drop from $260 to $62. He stated that Circle is playing the long game. If the company achieves its goal of creating a fully functional internet platform infrastructure, stock prices are expected to rise in the long term.
๐พ X5 has acquired the alcohol distribution business from Nikolai Laushkin's "Gorod 77." The deal is estimated to be worth between 500 and 600 million rubles. โ Kommersant
โ๏ธ One of the largest international airshows for civil, military, and aerospace technology is set to open in Farnborough, Britain. The 45th Farnborough International Airshow will take place from July 20 to 24. Organizers claim this year's event is the largest in history, featuring over 1,500 exhibitors from 40 countries. This yearโs main focus will shift towards defense and new technologies, including AI and drones.
๐ Xi Jinping's visit to the United States is still scheduled for September, according to Marco Rubio.
๐ข๐ฎ๐ถ๐ธ๐พ Iraq and Syria have reached an agreement at the U.S. Chamber of Commerce summit in Washington to restore the Kirkuk-Banias pipeline, enabling oil transport bypassing the Strait of Hormuz. This development aims to enhance energy security for both nations. For more information, visit โ CNBC.
๐ช๐บ๐ท๐บ The European Commission is set to revise the 21st sanctions package against Russia, taking Greece's position into account. An economic analysis is expected to be presented on July 22 during a meeting of EU ambassadors, according to POLITICO. Previously, Greece blocked the sanctions package over concerns that the Commission's ban on transporting Russian LNG could impact the shipping company Dynagas. The Commission may also remove provisions regarding the Austrian bank Raiffeisen and consider freezing the price cap on Russian oil, with discussions scheduled for July 23.
๐ข๐จ๐ณ๐ท๐บ In the first quarter of 2026, China increased its imports of Russian oil by 16.7% year-on-year, reaching 57.28 million tons, according to the customs data from China, reported by TASS.
โ ๏ธ๐ท๐บ Ozon's shares have dropped by 10%. Drone attacks on RWB (Wildberries) warehouses in Elektrostal and Kotovsk have disabled 7% of the company's logistics capacity. The recovery will require 20 to 35.8 billion rubles, which insurance companies are unlikely to cover. โ Kommersant
๐ท๐บ In the second quarter of 2026, debt prices for microfinance organizations (MFOs) and banks reached their highest levels since 2023. Prices for overdue debt have also set new records, as reported by Kommersant.
โ ๏ธ๐ฎ๐ท AP reports that the total number of U.S. military fatalities in the conflict with Iran has reached 17. According to WAPO, the U.S. is nearing a full-scale war with Iran following news of American military casualties.
โ ๏ธ Bitcoin's value has fallen below $64,000, raising concerns among investors. The cryptocurrency market is experiencing fluctuations, prompting analysts to assess potential implications for future trading. Market experts are closely monitoring trends to gauge the impact on Bitcoin's performance moving forward. For more information, visit here.