Found: 284

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

... explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments, as adapting to these changes is crucial for resilience and growth ... ... financial landscape. The idea of a BRICS currency remains a distant possibility, but the ongoing discussions reflect significant interest in reducing dollar reliance. Transitioning away from the dollar would require considerable effort and long-term strategies ...

Startup and Venture Investment News — August 8, 2025: Mega Funds, AI, and Successful IPOs

... billion—joined existing participants such as Blackstone and TPG. The unprecedented scale of this funding underscores the enormous market interest in AI industry leaders. Notably, the investment frenzy encompasses not only AI projects themselves but also the infrastructure ... ... experts warn against the risks of industry overheating. IPO Market Revives: "Window of Opportunity" for Listings Remains Open The global market for initial public offerings (IPOs) has revived after a period of stagnation and continues to gain momentum....

Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization

... by 58% compared to the same period in 2024 (to 59.9 billion rubles),” notes Sergey Tereshkin, CEO of the fuel marketplace Open Oil Market. “Oil companies are left with no choice but to raise prices in those market segments where fuel price increases ... ... dampener calculations, as well as prices in the over-the-counter wholesale segment.” Source: Russian Gazette Thus, balancing interests—maintaining fuel prices for the population while ensuring budget revenues—remains a challenging task for authorities ...

The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?

... require close political cooperation and the creation of supranational institutions, which may not always align with national interests. Legal and Financial Infrastructure: Creating a new currency requires substantial investments in infrastructure, including ... ... Potential Consequences for Russia and the BRICS Nations For Russia and the BRICS countries, the idea of an alternative currency opens up opportunities for greater financial independence. Introducing a domestic currency or utilizing national currencies for ...

XRP Price Forecast for May 2025: Technical Analysis and Key Factors

... bolstered by partnerships with banks and payment providers, distinguishing it from many speculative altcoins and fostering long-term interest in the XRP asset. Ripple’s Monetary Policy and XRP Supply. The dynamics of coin supply remain an important factor influencing ... ... from Ripple’s locked accounts, and unsold remnants are returned to escrow. In 2023–2024, Ripple limited sales of XRP on the open market, thereby helping to avoid price pressures during periods of legal uncertainty. Now, with legal risks reduced, the ...