โ ๏ธ๐ช๐บ๐ท๐บ The European Union is currently negotiating a compromise with Greece on the 21st sanctions package against Russia, which includes approximately 215 individuals and entities, among them 94 financial institutions. Nearly 90 of these are banks, raising the total number of sanctioned banks to over 100, which represents more than half of the 213 Russian credit institutions with international ties. โ RTRS
๐จ AHEAD
๐ข The U.S. oil inventory report from the EIA is set to be released at 17:30 Moscow time.
๐ข The U.S. oil inventory report from the EIA is set to be released at 17:30 Moscow time.
โ ๏ธ๐ฎ๐ท Iran has responded to Trump's threats regarding bombing bridges and power plants. If the U.S. strikes a bridge or power plant in Iran, the country will retaliate by targeting infrastructure and bridges in the region, including energy facilities in which the U.S. has interests, according to TASNIM.
โ ๏ธ๐ฉ๐ช Germany has approved the production of nuclear fuel using Russian technologies, according to Die Zeit. This decision marks a significant development in the country's energy strategy. For more details, visit Die Zeit's website.
โ ๏ธ๐จ๐ณ๐บ๐ธ The United States has accused the Chinese AI startup Moonshot AI (the same one) of stealing technologies from Anthropic.
๐ข๏ธ The latest report from the U.S. Energy Information Administration (EIA) reveals a surprising increase in crude oil inventories. Stockpiles rose by 2.01 million barrels, contrary to expectations of a 2 million barrel decline and previous figures of 1.692 million barrels. This unexpected rise may have implications for the oil market.
๐จ Amazon is laying off employees in its artificial intelligence division. The decision comes as part of the company's ongoing restructuring efforts to streamline operations and focus on core business areas. The layoffs are expected to affect a significant number of positions within the team, as Amazon continues to adapt to changing market demands and technological advancements.
๐บ๐ธ Apple is preparing a significant AI update for its iMac. The tech giant aims to enhance user experience and performance through advanced artificial intelligence features. This move signals Apple's commitment to staying at the forefront of technology innovation. Further details on the update are anticipated in the coming months. For more information, visit Apple's website.
๐จ Andrey Birzhin has been appointed the head of Public Joint Stock Company "Glorax" (ะะะ ยซะะปะพัะฐะบัยป).
๐จ๐๐ท๐บ The era of the "gray" cryptocurrency market in Russia has officially ended. With the new law on "Digital Currency," banks and tax authorities now hold the power to audit any crypto transactions. Hiding behind others' cards and hoping for leniency is no longer an option, as administrative and criminal penalties loom. On July 23 at 8 PM, a live broadcast featuring lawyer Mikhail Uspensky will dissect the new regulations, covering taxes, legal platforms, and updated crypto guidelines. Better to listen to the experts than face hefty fines. Register here ๐ REGISTER
๐จ Hunter Biden is attempting to sell his paintings for $54,000, according to the New York Post. The artworks have generated significant attention, reflecting both his artistic ambitions and the ongoing public interest in his personal life. For more details, visit the NYP article here.
๐บ๐ธ OpenAI has raised its forecast for cloud technology spending to $750 billion by 2030. The company anticipates significant growth in this sector, reflecting the increasing demand for advanced technological solutions. This adjustment underscores the importance of cloud infrastructure in driving innovation and efficiency across various industries. For more details, visit OpenAI.
โ ๏ธ Upcoming Events
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
๐บ๐ธ๐ฒ๐ฑ The Trump administration is considering military options in Mali, according to the Washington Post.
โ๏ธ๐บ๐ฆ President Zelensky discussed with Whitcoff and Kushner ideas for renewing diplomatic efforts aimed at ending the war, according to AXIOS.
๐จ๐๐บ๐ธ Republicans in the Senate have amended the CLARITY Act, introducing the first restrictions on how U.S. presidents can profit from cryptocurrencies. The revised bill prohibits presidents and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. For more details, visit CNBC.