⚠️🇺🇸 Traders have fully priced in two interest rate hikes by the Federal Reserve by the end of 2026, according to Bloomberg.
⚠️🇷🇺 Russia has faced 30,000 sanctions, twice the number imposed on all other countries combined. Structural changes have made the Russian economy resilient and agile, according to President Putin.
✨ Since the mass launch of the digital ruble, 87,000 accounts have been opened and over 50,000 transactions conducted, according to Nabiullina.
🌎 BRICS countries accounted for over 40% of global GDP in the past five years, while the G7 contributed just 29%. Nearly half of the growth in the world economy came from BRICS nations, compared to less than 20% from the G7, according to Putin.
⚠️🇺🇸 Traders on Polymarket currently see a 79% chance of a 0.25% rate hike by the Federal Reserve in September.
🌕 The head of the Central Bank of Russia, Elvira Nabiullina, addressed questions regarding the bank's plans to sell gold in 2026 rather than buying it like others. She explained that the Central Bank began purchasing gold several years ago when others were not. The current sales are primarily related to operations involving the Ministry of Finance.
⚠️🛢🇺🇸 Trump's chief economic advisor, Kevin Hassett, expressed that diesel prices are currently a major concern. He emphasized the importance of addressing this issue to ensure economic stability.
🚨🛢 The Iranian Foreign Ministry has announced plans for a regional meeting with Persian Gulf countries on Monday, September 14. Iran intends to hold the meeting in Oman with Iraq and other regional nations to discuss secure commercial shipping routes in the Strait of Hormuz.
🚨🛢 Iran's Foreign Ministry has stated that shipping in the Strait of Hormuz cannot be guaranteed as long as the maritime blockade and economic warfare by the US continue.
🇷🇺🇮🇳 German Gref has been appointed as the head of the Russian-Indian Business Council. Under his leadership, the organization aims to elevate business interactions between the two nations to a new technological and institutional level, according to the bank. Sber plans to enhance its role in developing bilateral business relations and to expand the participation of Russian and Indian businesses, including major corporations, state-owned enterprises, financial institutions, and small and medium-sized enterprises.
🚀 Bitcoin surged following comments from Belarusian President Alexander Lukashenko, who stated that the dollar is no longer needed by anyone. This statement has sparked discussions about the future of cryptocurrencies and their potential to replace traditional currencies. Investors are closely monitoring the situation as Bitcoin continues to gain traction in the global market. For more information, visit here.
✨ The Canadian regulator has announced that tokenized deposits will have the same legal status as traditional deposits.
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🚨 The Moscow Exchange has announced that there will be no trading on September 12-13.
🚨🇺🇸🇷🇺 The House of Representatives is set to vote on a sanctions bill targeting Russia, referred to as the "Hellish Sanctions," next week.