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The global demand for diesel is decreasing: how will this affect Russia?
... Refineries and Competition
China is not a major buyer of Russian diesel, as it predominantly produces its own supplies. However, a decrease in China’s diesel consumption could still impact global demand. Additionally, key Russian diesel markets—such as Brazil and India—are developing alternative import options. New refineries coming online this year include the Dangote plant in Nigeria (650,000 bpd), Dos Bocas in Mexico (340,000 bpd), Al Zour in Kuwait (615,000 bpd), and Duqm in Oman (230,000 bpd),...
Startup and Venture Capital News — Thursday, August 21, 2025: Mega-Rounds, New Unicorns, and IPO
... Southeast Asian states are recording a record influx of venture investments and an increase in the number of unicorns. Own startup clusters are rapidly developing in Africa and Latin America—from fintech centers in Nigeria to e-commerce successes in Brazil.
Major venture funds are now closely monitoring promising projects worldwide—from Singapore and Dubai to Nairobi and São Paulo—trying not to miss the next "diamond" of the tech scene. Founders from various countries are granted unprecedented ...
OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It
... increasing production with the aim of reclaiming market share, which before the cuts in late 2020 was about 50% and has now dropped below 45%,” Skryabin clarified.
Production has also been increased by countries outside OPEC+, particularly the U.S. and Brazil. In 2024, U.S. crude oil production increased by 270,000 bpd (+2%) on an annual basis to an average of 13.2 million bpd. Brazil elevated its output by 14% over five years to 3.358 million bpd.
How Will Buyers of Russian Oil React?
According to ...
Startup and Venture Investment News — Friday, August 1, 2025: AI Boom, IPOs, and Global Deals
... rapid development of local startup ecosystems. From Nigerian fintech projects to Kenyan agri-tech startups, an increasing number of African teams are attracting international capital for scaling. Latin America is keeping pace: in 2025, Mexico surpassed Brazil for the first time in venture investment volumes, while startups in the region actively secure funding in fields such as fintech, e-commerce, and delivery. New innovation centers in Mexico, Brazil, and other countries enhance global competition ...
Cryptocurrency News – Wednesday, August 20, 2025: Bitcoin, Top 10 Coins, and Regulatory Events
... reserve. This refers to a strategic reserve of BTC that could be formed from a portion of the country's gold and foreign exchange reserves (there’s a proposal to gradually increase the Bitcoin share to 5% of reserves). If this initiative gains support, Brazil could become one of the first major economies to officially include cryptocurrency in its sovereign reserves – a step that seemed unthinkable just a few years ago. Experts note that such a decision would enhance Bitcoin's legitimacy and could encourage other states to consider cryptocurrencies ...