π·πΊ Prices in Russia are experiencing both declines and increases. The summer harvest has significantly lowered vegetable prices, contributing to overall deflation. However, costs for gasoline, food, clothing, electronics, and medications continue to rise. Analysts predict that this trend will reverse in the fall as the seasonal effect diminishes. β Izvestia
πΊπΈ The US Dollar Index (DXY) is at a critical juncture. Investors are closely monitoring its movements as economic indicators fluctuate. With potential implications for trade and inflation, market analysts are debating the future trajectory of the dollar. The next few days could prove pivotal for its direction. Stay tuned for updates on this developing situation.
ππ¨π³ In 2025, China discovered 16 new gold deposits, according to a report from the Ministry of Natural Resources of the People's Republic of China.
π China aims to become one of the world's leading automobile powers by 2030, as outlined in its development plan for the 15th Five-Year Plan (2026-2030). The initiative seeks to enhance the country's position in the global automotive industry.
π° Axios reports that the United States is exploring methods to combat dangerous artificial intelligence (AI) using other AI technologies. As concerns grow regarding the implications of advanced AI, efforts are underway to develop strategies that leverage AI capabilities for safety and regulation. For more details, visit Axios.
π¨ The timeline for a potential sale of "Rosgosstrakh" will be determined within the next 1-2 months, according to Pyano.
π The light commercial vehicle (LCV) market in Russia has seen a decline of over 20% year-on-year for the first eight months, according to AutoStat.
β οΈπ±πΉ Lithuania will be under scrutiny if it hosts nuclear weapons, according to Peskov. This statement follows reports that Lithuania is considering lifting its ban on the deployment of nuclear arms.
π·πΊ SBER does not anticipate any dramatic increase in reserves as the situation aligns with forecasts. The cost of risk for corporate loans at SBER is rising, but it is not considered critical, according to Gref.
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π₯π°π΅ In North Korea, under Kim Jong Un's leadership, a "burst of fun" has begun as new shopping centers, resorts, and stores are opening across the country. The authorities are encouraging consumption, according to RTRS.
π§ Anthropic has restricted access to its language model, Claude, for several researchers who could potentially use AI to develop biological weapons, according to the New York Times.
π Huge opportunities are emerging for bilateral trade settlements in CBDC between India and Russia. Trade transactions in CBDC are significantly more efficient. Most of the oil purchased by India from Russia is being paid for in Indian rupees, according to Gref, RTRS.
π·πΊπ¨π³ President Vladimir Putin plans to meet with Chinese President Xi Jinping during the BRICS summit, according to spokesperson Dmitry Peskov.
π¨ Iran's Mohammad Bagher Ghalibaf stated that U.S. Treasury interventions and media misinformation cannot halt the rise in oil prices. The remarks come amid ongoing geopolitical tensions and highlight the resilience of the oil market despite external pressures. For more details, visit here.