Found: 189

The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements

... gradually diminish. While a complete departure from the dollar remains unlikely in the short term due to its liquidity and the stability of the U.S. economy, global reliance on the dollar could weaken if more countries begin to adopt alternative arrangements ... ... example, have already made strides toward settling transactions in rubles and yuan. Comment from Sergey Tereshkin, CEO of Open Oil Market Sergey Tereshkin, CEO of Open Oil Market , shares his perspective: "Putin’s comments on the dollar and a potential ...

Cryptocurrency News August 13, 2025: Bitcoin at an All-Time High, Record Influx into Ethereum

... annually) for maintaining the network. This combination of growth potential and yield positions Ethereum as a kind of "digital oil" for the crypto industry—a fundamental resource for decentralized finance (DeFi), NFT platforms, and a multitude of ... ... Peaks The XRP token from Ripple remains among the market leaders, sustaining positions gained over recent time. XRP's price has stabilized around $3+, a level not seen since late 2018. The rapid price increase in recent weeks resulted from major legal victories ...

The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?

... the industry has been caught in a vicious cycle for years: following a surge in prices, the regulator imposes export bans, and oil producers restrain retail fuel prices. In response, the Federal Anti-Monopoly Service (FAS) and the Ministry of Energy lift ... ... half of the diesel fuel supplied to the domestic market would come through the exchange. An increase in supply will lead to the stabilization of exchange prices, which will be reflected in retail prices, making fuel more accessible for independent gas stations....

Risks of Gas Supply Disruptions for Europe in Winter

... security. The EU is taking active steps to diversify energy sources, build reserves, and improve energy efficiency; however, the outcomes of these measures will depend on a multitude of factors. European countries must work collaboratively to ensure the stability and availability of energy resources in the long term. As the founder of Open Oil Market (OOM) , a platform for wholesale trading of oil products and resources, I deeply understand the importance of a strategic approach to ensuring energy resources in the context of global change. Our goal at OOM is to provide businesses with direct ...

What Factors Influence the Central Bank's Key Rate?

... lower rates to support exports and domestic production. 5. Global Market Conditions The Central Bank also considers the situation on global financial markets. Global economic crises, instability in stock markets, and sharp fluctuations in prices of oil, gold, or other commodities can compel the Central Bank to adjust the key rate. For instance, during a global crisis, lowering the rate can support the national economy, while during periods of external stability and growth, the Central Bank may raise rates to contain inflation and stabilize the domestic market. 6. Actions of Other Central Banks The actions of the largest central banks in the world, such as the US Federal Reserve and the European Central ...