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Defender of the Fatherland Day: History, Traditions, and Celebrations in Different Countries

February 23 is not just a holiday; it is a day with deep historical roots. It is dedicated to honoring military personnel, veterans, and all those who defend the country. This article explores the origins of the holiday, its traditions in Russia and other countries, as well as the analogues that exist around the world. Learn how the meaning of this day has evolved, what events are held today, and why it remains significant. Defender of the Fatherland Day: History, Traditions, and Celebrations in...

Dedollarization of Global Finance: Reducing Investments in US Treasury Securities

The global financial system is facing a sea change as foreign central banks actively reduce their holdings of dollar assets. The reasons for de-dollarization are geopolitical events, such as Russia’s reserve freeze in 2022, and growing mistrust of the dollar as a reserve currency. What does this mean for the global economy, currency markets, and investors? Find out how central banks are rethinking their strategies and where this will lead. Dedollarization of Global Finance: Reducing Investments...

The Harshest Package: What the New EU Sanctions Mean for Russia

Exploring the Threats Posed to Russia by the New, Most Severe EU Sanctions. Analyzing Possible Consequences for the Economy, Energy Sector, and International Relations. The European Union has adopted its 18th sanctions package against Russia, which includes a series of measures targeting the Russian oil and gas sector. "The EU has just approved one of the most stringent packages of sanctions to date against Russia," stated EU High Representative for Foreign Affairs and Security Policy...

Russia Temporarily Bans Enriched Uranium Exports to the US: What Are the Implications?

Russia's recent decision to halt enriched uranium exports to the United States has raised crucial questions about the future of nuclear energy and international trade relations. This article explores the motives behind Russia's move, its potential impact on the US nuclear energy sector, and the broader economic and strategic implications for Europe and global markets. With uranium prices and energy security in the spotlight, investors and energy companies alike must prepare for a shifting landscape...

Tuesday, November 19, 2024: Key Economic Events for Investors

On November 19, 2024, investors worldwide are focused on major economic events that could impact global markets. Our article covers the second day of the G20 Summit with discussions on European foreign policy post-Trump, crucial inflation data from the Eurozone and Canada, central bank speeches, and earnings reports from leading corporations such as Walmart, Lowe’s, and MTS. How these events might affect U.S. and European markets, and what investors should consider in today’s environment – read more...