Found: 500

Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization

... benchmarks. Thus, Russia seeks to lessen the influence of Western financial centers on the valuation of its strategic resources. Alternative to the Markets of London and New York The launch of the St. Petersburg Precious Metals Exchange is viewed as an important alternative to Western platforms like the London over-the-counter gold market (LBMA) and the COMEX exchange in New York. Following the imposition of sanctions in 2022, the LBMA excluded all Russian refineries from its list of accredited suppliers,...

Mushroom Coffee: Why More People Are Switching to Chaga Instead of Espresso?

... accounts for about 50% of the blend, with the remainder being coffee. As a result, a cup of mushroom coffee contains significantly less caffeine than standard espresso while being complemented with a host of beneficial nutrients from the mushrooms. It is important to clarify that we are not talking about common mushrooms but rather so-called medicinal adaptogenic mushrooms. These mushrooms have long been used in Eastern medicine to strengthen the immune system and enhance vitality. They possess little ...

Economic Events and Corporate Reports - Tuesday, August 5, 2025 - PMI Index and US Trade Balance

... Index (PPI) for June, likely confirming a decline in energy prices and easing inflationary pressures. Later, at 15:30 MSK, data on the U.S. trade balance for June will be released, showing how tariffs and changes in external demand affect exports and imports. Additionally, the ISM index for the U.S. services sector (17:00 MSK) will provide an assessment of business activity in the largest sector of the American economy. Ruble Exchange Rate and Currency Market Dynamics The Russian ruble enters August ...

Bitcoin Price Forecast for May 2025

... under control and recession averted through regulatory efforts), this will support further Bitcoin price growth. In May, macroeconomic reports (inflation levels, labor market data, etc.) and comments from Fed representatives will also hold significant importance: unexpected figures could adjust investor sentiment and impact Bitcoin's dynamics. Investor Demand and Market Sentiment Sentiment in the cryptocurrency market ahead of May 2025 can be characterized as predominantly optimistic. Large institutional ...

Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality

... infrastructure (power lines, substations) and reduces the overall cost of clean energy production. Aiming for Carbon Neutrality China is the largest producer and consumer of energy in the world, and the transition to low-carbon technologies is critically important for the country. China has officially set a goal to peak greenhouse gas emissions by 2030 and achieve complete carbon neutrality by 2060. To meet these targets, the country is making substantial investments in renewable energy—from solar and ...