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What is the Digital Ruble in Simple Terms and How Will It Change Life in Russia?

The digital ruble is a new form of currency developed by the Central Bank of Russia, existing exclusively in electronic ... ... will bring to citizens and businesses. Discover how this innovation will impact the Russian economy and your everyday life. What is the digital ruble in simple terms... ... a bank card, the digital ruble is a currency created and directly controlled by the state, and it will be stored in an electronic wallet provided by the Central Bank. Why...

What the US Imports from Russia — Uranium, Fertilizers, and Palladium

... 2025, US imports from Russia continue to attract interest and discussions. Against the backdrop of global economic changes, the consumption of certain products has become particularly... ... by Washington against Moscow following the onset of the war in Ukraine, the United States continues to import a range of strategically important goods from Russia. In... ... fact has gained attention amidst Washington's recent criticism of India for purchasing Russian oil: the Indian Ministry of External Affairs pointed out that the U.S. still...

Economic News: Sunday, July 27, 2025 – US and EU Close to a Trade Agreement, Markets Await Signals from the Fed

On July 27, 2025, a significant event is set to unfold in global markets as the United States and the European Union stand on the brink of a trade agreement that could radically alter the economic landscape of both regions.... ... current state of financial markets, and examine how the Fed's actions may impact the economies of both the U.S. and the EU. Economic News: Sunday, July 27, 2025 – The... ... declining interest rates within certain countries, some EM currencies depreciated. The Russian ruble faced moderate pressure following the Central Bank of Russia's decision...

What is devaluation in simple terms and how does it affect the Russian economy?

Devaluation is the process of devaluation of the national currency, which each of us feels when prices rise and ... ... analyze why devaluation occurs, how it affects prices, business and everyday life of Russians, and what steps can be taken to protect your funds in the context of a weakening... ... economic difficulties, such as high inflation, political or geopolitical crises, the state's foreign exchange reserves can decrease, and the demand for the ruble falls....

Doubling the Capitalization of the Russian Stock Market by 2030: IPOs of ₽1.28 Trillion Annually

To achieve the targeted capitalization of the Russian stock market at 66% of GDP by 2030, it will be necessary to attract over 1.28 trillion rubles annually through IPOs. We ... ... ₽81.6 billion. This signifies that the number of companies going public is limited, primarily to small firms or those in the state sector. Notable recent offerings included the online retailer Ozon (2021) and several 'digital' private companies, although ...