🇷🇺 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.
🌍 The British cryptocurrency exchange Blockchain.com is set to expand its operations in Africa, with plans focused on key markets such as Nigeria and Ghana. The move aims to tap into the growing demand for digital currencies on the continent. For more details, visit this link.
🚨🛢️🇺🇸🇷🇺 The U.S. Treasury Secretary Janet Yellen has declined to include references to a price cap on Russian oil in the final communiqué following the G7 finance ministers and central bank governors meeting, according to the Financial Times. The G7 finance ministers, at the request of the U.S., chose not to mention the price cap on Russian oil.
🚫 Russia's STG announced that dividends for 2024 will not be paid. The decision was revealed ahead of the state deadline of June 30.
🚀 A strong earnings report from Nvidia could trigger a significant rally in US stocks, as there is a substantial amount of cash on the sidelines ready to flow into equities with a bullish catalyst. This insight was shared by BBVA, highlighting that markets have approximately $7 trillion in potential investment power ahead of Nvidia's earnings announcement on May 28, following market close. For more details, check the full article here.
🛢️🇷🇺 Natural gas, which has seen a surplus in Russia following the loss of European exports, could serve as fuel for cryptocurrency mining, according to Alexey Chekunkov, head of the Ministry for the Development of the Far East.
🚀 The U.S. project "Golden Dome" is directly undermining strategic stability, according to the Russian Foreign Ministry. Washington is urged to abandon its plans for deploying weapons in space.
🛢🇷🇺 Russia's Ministry of Energy is set to evaluate mechanisms for realizing the country's gas production potential. This could include tax incentives for mineral extraction, as stated by Anton Rubtsov, the head of the oil and gas department at the Ministry of Energy. For more details, visit this link.