🌍 During the Caucasus Investment Forum in Mineralnye Vody, 51 agreements were signed totaling 176 billion rubles. Russian Deputy Prime Minister Alexander Novak reported this, highlighting a significant increase compared to last year, when the volume of agreements was around 100 billion rubles. For more details, click here.
⚠️🛢🇷🇺 The European Commission is proposing to tighten sanctions on Russia by lowering the price cap on Russian oil from $60 to $45 per barrel. This initiative is being discussed as part of the 18th sanctions package of the EU, according to the Financial Times. Novak has stated that the dynamics of Russia's oil exports will not change even if the price cap is adjusted. For more details, visit here.
❗️🇷🇺 ASTR announces dividends for 2024 at 3,147 RUB per share. The general meeting is scheduled for June 27, with the cutoff date on July 10.
🌍 Greenland is set to turn to China if the US and EU withdraw from its mining sector, according to the Financial Times. The island's government is exploring alternatives to maintain its resource development in light of potential shifts in international partnerships.
🇷🇺 KLVZ reports for Q1 2025 under RAS show a net profit of 33 million rubles, up from 24.1 million rubles in the same period last year.
⚠️🇪🇺 Villeroy from the European Central Bank (ECB) indicated that the ECB is likely not finished with interest rate cuts.
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🇪🇺 Inconsistent policies from former President Trump present a significant opportunity for the euro to strengthen its international role, according to Christine Lagarde.
🇪🇺 The euro may emerge as an alternative to the dollar, according to a statement by Lagarde.
📡 The Russian government has approved an action plan for the implementation of the telecommunications industry development strategy through 2035.
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🚨 MOSENERGO has announced its dividends for 2024, set at 0.226 RUB per share. The general meeting will take place on June 24, with the cutoff date for dividends on July 8.
🚨 The Bashneft Board has announced the 2024 dividend of 147.31 RUB per share. The general meeting is scheduled for June 30, with the cutoff date set for July 14.
🌍 Turkey's Foreign Minister Hakan Fidan is set to visit Kyiv this weekend following discussions in Moscow, according to RTRS.