🛢🇨🇳🇷🇺 Russia and China are advancing the "Power of Siberia - 2" project, following discussions between their leaders. Russian Energy Minister Alexander Novak announced that they have instructed to accelerate the project. Additionally, Novak stated that by 2025, Russia plans to increase its oil, gas, and LNG supplies to China. For more details, visit TAAS.
🇩🇪 Germany's domestic intelligence agency has suspended its designation of the AfD party as "extremist" following a lawsuit filed by the party. The Cologne court announced the decision, marking a significant development in the ongoing legal battle surrounding the agency's classification of the political group.
🇺🇸 ConocoPhillips has reported an earnings per share (EPS) of $2.09, exceeding expectations of $2.03. The company's performance continues to reflect its strong operational capabilities in the energy sector. For more details, visit ConocoPhillips.
❗️🇬🇧 The Bank of England has announced its interest rate, set at 4.25%. This aligns with expectations of 4.25% and marks a decrease from the previous rate of 4.5%.
🚀 Shopify reported a revenue of $2.36 billion for the latest quarter, marking a year-over-year increase of 26.9%. This figure exceeded analysts' expectations by $30 million. The strong performance continues to highlight the company's growth in the e-commerce sector. For more details, visit Shopify.
🇷🇺🇨🇳 Following their talks, Putin and Xi Jinping issued a statement emphasizing the deepening of comprehensive partnership and strategic cooperation between Russia and China. - TASS
🌏 Putin announced that Russia and China are set to sign a substantial package of documents for joint projects valued at approximately $200 billion.
🇷🇺🇨🇳 President Putin announced that nearly all trade between Russia and China is conducted in rubles or yuan. This shift reflects a broader trend of de-dollarization in the economic relations between the two nations, aiming to reduce dependence on the US dollar. For more details, visit here.
⚡️🇷🇺 GAZP is hosting a master class noscriptd "Buy on Expectations, Sell on Facts" focused on monitoring.
🥔 Belarusian President Alexander Lukashenko has attributed the country's potato shortage to increased sales to Russia. He noted that the export of potatoes has impacted local availability, leading to a deficit in the market. The situation raises concerns among consumers about access to this staple food item.
🌾 Russia aims to maintain its position as the top wheat exporter, according to Agriculture Minister Oksana Lut.
💥✴️ Medical company Wellgistics Health #WGRX integrates the payment system Ripple, based on XRP, into its infrastructure.
🚨 Upcoming Economic Data
The United States will release its Initial Jobless Claims report today at 15:30 Moscow time. This data is closely monitored as it reflects the number of individuals filing for unemployment benefits for the first time, providing insights into the labor market's health. Stay tuned for updates and analysis following the release.
The United States will release its Initial Jobless Claims report today at 15:30 Moscow time. This data is closely monitored as it reflects the number of individuals filing for unemployment benefits for the first time, providing insights into the labor market's health. Stay tuned for updates and analysis following the release.
🚨 The U.S. Department of Labor reports that initial jobless claims stand at 228,000, slightly below the expected 231,000 and down from the previous figure of 241,000.
⚠️🇺🇸🇬🇧 A trade agreement between the United States and Britain will maintain the 10% tariffs imposed by the U.S., according to CNN.
🇷🇺🇨🇳 Russia and China will expand settlements in their national currencies, according to a recent statement. This move is part of ongoing efforts to strengthen economic ties between the two nations and reduce reliance on the US dollar in international trade. The shift towards using the Chinese yuan (CNY) and the Russian ruble (RUB) is seen as a significant step in their financial collaboration.