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Economic News August 2, 2025 — US Labor Market, Trade Truce, Amazon and Samsung Reports
... manufacturers (especially in the automotive sector) has receded. Shares of major European automakers (such as Volkswagen, BMW, Stellantis) reacted positively to reports of the trade compromise, as the direct risk of imposing 25–70% tariffs on car exports to the US was eliminated. However, uncertainty in global trade has not completely dissipated—US negotiations with several other partners (China, India) continue, and businesses in Europe still take into account the possibility of new barriers ...
Chinese Oil Purchases from Iran: Hidden Operations and Their Consequences for Russia
... official statements about halting oil supplies from Iran to China, the Middle Kingdom continues to import crude oil using complex circumvention schemes. These actions have a significant impact on the global oil market, creating challenges for other major exporters, including Russia.
How the Scheme Works: The "Shadow Fleet"
A key element of these operations is the use of aging tankers that belong to a "shadow fleet." These vessels, registered under "convenient" flags, often ...
Key Takeaways from Putin's Address at SPIEF 2025 – Essential Signals for Investors
... the country's GDP grew by 1.5% year-on-year, with growth rates accelerating to 1.9% in April.
Moving Away from Resource Dependence:
The head of state emphasized the qualitative changes in the economic structure. The previous model, based on resource exports, is becoming a thing of the past. The contribution of the resource sector is no longer a determining factor—in fact, its influence on economic dynamics has become negative. This indicates that growth is now primarily driven by non-resource sectors,...
Growth of the Wealth of the Richest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics
...
Alisher Usmanov
– wealth increased by
+$3 billion
to $16 billion, driven by stable demand for steel and projects in the IT sector.
Viktor Vekselberg
– growth of
+$3 billion
, for a total of $10.3 billion; supported by rising aluminum prices and export supplies.
Suleiman Kerimov
– added
+$2.6 billion
, bringing wealth to $9.6 billion; a key factor was the revaluation of gold mining assets.
4. Resource Giants: Oil & Gas and Mining
Classic resource sectors continued to generate superprofits ...
Economic News August 3, 2025 — Fed Rate Cut, Apple and Meta Reports, Gold Price Increase
... tariffs on EU goods from August 1. The looming threat of a large tariff war over European automotive industry has receded. Shares of major automakers (Volkswagen, BMW, Stellantis) surged on news of the compromise, as the risk of 25–70% tariffs on car exports to the U.S. was lifted. However, uncertainty in global trade remains – negotiations between the U.S. and China as well as other partners are ongoing, and European businesses are still accounting for the possibility of new barriers in the future....