⚡️ A government directive regarding the dividend payments of PAO "RusHydro" has not yet been approved by the Ministry of Finance due to existing disagreements. This was announced by the Deputy Minister of Energy of Russia, Evgeny Grachev.
🚨🇷🇺 Financial Services: The average maximum interest rate on annual deposits has dropped below 18% for the first time since autumn 2024.
💥✴️ The Solana Optimistic Network has received strategic investments from Jump Crypto, Amber Group, and other major players.
🚀 PayPal has launched its stablecoin, PYUSD, on the Stellar network, aiming to enhance cross-border remittances, payments, and financing. This move is expected to streamline transactions and provide users with more efficient financial solutions. For more information, visit the full article here.
📈 Russia's external trade balance, calculated using balance of payments methodology, reported a positive figure of $39.5 billion for January-April 2025. This marks a decrease of $7.1 billion, or 15.2%, compared to the same period last year, which stood at $46.6 billion.
⚠️🇺🇸 Opponents of Trump plan to take to the streets nationwide on June 14, coinciding with Trump's birthday and a military parade day. Organizers have dubbed the event "No Kings," describing it as a "national day of defiance" to demonstrate to the world "what real democracy looks like," according to Politico. Trump has already vowed to retaliate against anyone who disrupts activities on that day, as reported by RTRS.
🛢 Brent crude prices have reached their highest level in 1.5 months following a strong surge today. The increase was triggered after former President Trump expressed reduced confidence in the nuclear deal with Iran.
🚨 Former President Donald Trump has once again urged Federal Reserve Chair Jerome Powell to cut interest rates by a full percentage point. In a recent statement, Trump emphasized the importance of lowering rates to alleviate the burden of interest payments on the nation's debt. He cited favorable Consumer Price Index (CPI) numbers as justification for this significant reduction.
⚠️🇷🇺 The State Duma has approved a law amending the federal budget for 2025. According to the revisions, Russia's budget revenues for the current year are projected to be 38.5 trillion rubles, which is lower than the previously approved figure of 40.296 trillion rubles. For more details, visit here.
⚠️🛢 Fitch Ratings has downgraded its outlook for the global oil and gas sector to "negative."
🌍 U.S. oil inventories have shown a significant decrease according to the latest EIA report. Crude stocks have fallen by 3.644 million barrels, surpassing expectations of a 2.400 million-barrel drop and a prior decrease of 4.304 million barrels. This decline signals ongoing shifts in the oil market dynamics as demand and supply continue to evolve.
🌟 Billionaire Paul Tudor Jones has stated that Bitcoin (BTC), gold, and stocks represent the best portfolio for hedging against inflation.
🚀 The stablecoin USDC by Circle is set to launch on the World blockchain created by Sam Altman.