🇩🇪 Germany reportedly planning to allocate $22Bln to increase chip production to secure supplies of critical components amid growing geopolitical tensions.

The funds are expected to be allocated from the German Climate and Transformation Fund, which has been set to bolster the decarbonization of the country's economy, and transferred to various German and global firms by 2027, according to the media.

Berlin is also currently mulling the possibility of allocating 180 billion euros for the Climate and Transformation Fund until 2027.

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💸 Goldman Sachs predicts 'sizable deficit' in oil production may lead to price increase

The investment firm expects Brent crude oil to increase to $86 a barrel by year's end, up from the current price of just over $80.

One reason for the deficit, according to Goldman’s head of oil research Daan Struyven, is a slowing of the increase of oil production in the US, which will slow to a sequential pace of 200 barrels a day by the end of the year. Struyven also pointed to the number of declining oil rigs in the US, which has slumped to 530, the lowest number for the nation since March 2022.

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🇺🇸 US to send another military aid package to Ukraine worth $400m, media reports

The package will include ammunition for air defense systems, HIMARS and NASAMS systems, 32 Stryker armored personnel carriers, shells for howitzers, Stinger and Javelin missiles and Hornet surveillance drones, the report details.

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📹 Pants on fire: White House says Joe Biden "was never in business with his son"

Earlier, US media reported that Hunter's top business associate Devon Archer is expected to tell the House Oversight Committee Joe spoke to Hunter's business associates, including those at the Ukrainian gas firm Burisma, at least 24 times.

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🇷🇺 The Russian Investigative Committee has launched more than 3,200 cases over nine years covering the Kiev regime's atrocities in Donbass, and among them, 849 key figures are military personnel, politicians and members of law enforcement, the committee’s Chairman Alexander Bastrykin told Sputnik.

Everyone involved in the atrocities will be held accountable and be brought to justice, the official vowed.

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🇷🇺 Moscow to offer African countries solutions to food issues

Russian and African leaders are expected to adopt a declaration, a plan of joint action until 2026 and three sector-specific documents at the Russia–Africa forum in St. Petersburg, the head of the forum's secretariat Oleg Ozerov told Sputnik.

According to the official, dozens of bilateral documents will be signed and a solid package of agreements is being put together. Russia will also offer African countries solutions to food problems given the termination of the Black Sea grain deal, Ozerov added.

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📹 Russian Ka-52 Alligator chopper targets Ukrainian armored vehicle in Zaporozhye direction

The Ka-52 is known to be armed with up to a dozen Vikhr laser-guided missiles, designed specifically to target armored vehicles, including those with reactive armor, at ranges of up to 8 km.

The missiles are fitted with a high-explosive anti-tank (HEAT) fragmentation warhead with contact and proximity fuses. In addition to attack helicopters, the Russian military is known to attach Vikhrs to aircraft like the Su-25 ground attack jet and some warships.

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West No Longer Dictates How the World Runs, says Russian Diplomat 🇷🇺

🗯 “It all comes down to the shift in global power dynamics on the world stage. The West is no longer the sole, unique technological, political, and military center that can exert a dominant influence over other power centers – which include Russia, China, India, and BRICS countries. Many nations, including African ones, aspire to be part of this influential bloc,” Oleg Ozerov, ambassador at large at the Russian Foreign Ministry stressed.

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Suspect in targeted murder of military blogger Vladlen Tatarsky faces final charges

Daria Trepova is being charged with terrorism, trafficking in explosives and counterfeiting documents.

Earlier, Russia's Federal Security Service (FSB) said that the St. Petersburg cafe terrorist attack that killed the blogger was orchestrated by Ukrainian intelligence and their agents.

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🇷🇺🇰🇵 Russian delegation headed by Shoigu will visit North Korea on July 25-27, MoD says

The delegation will participate in celebrations marking the 70th anniversary of the DPRK's victory in the Korean War of 1950-1953.

The visit will contribute to strengthening Russian-North Korean military ties and will be an important stage in the development of cooperation between the two countries, the ministry said.

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❗️Ukrainian forces failed miserably in a late night botched attack using two unmanned boats against Russia’s Sergey Kotov patrol ship in the Black Sea, the MoD says

The ship destroyed both boats, and there were no casualties, the ministry said.

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❗️Key statements made by Kremlin spokesman Peskov at a daily press briefing:

▪️All African states were subjected to unprecedented pressure from US, France, and other Western countries;

▪️The policy of US, France, and other Western countries to exert pressure on African nations should be condemned;

▪️Russia-Africa Summit important, will discuss grain deal and Russia's support for African countries;

▪️It is impossible for Russia to return to the grain deal, obligations not fulfilled;

▪️The letter from Guterres contained an action plan for the grain deal, a promise that obligations towards Russia could someday be fulfilled;

▪️It is important that delivery channels of Ukrainian grain not be used for military purposes, Russia will keep countering it;

▪️The offer of Baltic countries to export Ukrainian grain via their ports is their sovereign right.

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Russia to receive $88.5Bln in revenues from sale of gas, oil in 2023, Finance Minister Anton Siluanov said on Tuesday.

He recalled that the Finance Ministry predicted the total volume of Russia’s oil and gas revenues at the level of 8.9 trillion rubles this year. Out of this sum, 8 trillion rubles will be spent to cover expenses, while the remaining 900 billion rubles are expected to be transferred to the Russian National Wealth Fund.

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