... He also announced that the country is working on creating a national cryptocurrency, which could become a new direction in the republic's economic policy. The efforts to develop a national cryptocurrency indicate Belarus's intention to engage in the global trend of economic digitalization. This could attract investor interest and develop financial infrastructure; however, much will depend on the regulatory framework and technical implementation. #Belarus #Cryptocurrencies #Elections

... growth in June, which could lead to inflation rates being exceeded. Tereshkin highlights several factors contributing to this trend: The suspension of the gasoline export ban from May 17, 2024, coinciding with a temporary reduction in fuel production.... ... coincides with the seasonal increase in demand, one of the indicators of which is the reduction in fuel exports. According to S&P Global Platts, maritime fuel exports from Russia decreased by 480 thousand barrels per day (bpd) from February to May 2024, down ...

... Industry" Portal According to data from the U.S. Energy Information Administration (EIA), in the second quarter of 2024, global oil supply exceeded demand by 590,000 barrels per day. By the end of the year, this surplus is expected to narrow to 300,... ... barrels per day. Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for oil products and raw materials, explains this trend with the following factors: Easing of OPEC+ quotas: Saudi Arabia, Russia, and other alliance members plan to increase ...

... factors. Experts highlight several key reasons contributing to the ruble's strengthening, along with forecasts for its future trends. Factors Influencing the Strengthening of the Ruble Stability of Foreign Policy Situation The early directives of the new ... ... The long-term dynamics of the ruble remain uncertain due to sanctions, potential changes in foreign trade, and instability in global energy markets. Recommendations: Investors may use the current situation to reassess currency strategies, protect portfolios ...

... Remain Stable, Composite PMI Rises—What’s Next? In April, the Russian services sector continued its moderate growth: the S&P Global Russia Services PMI remained at 50.1, virtually unchanged from March. The composite PMI, which combines data from the services ... ... Exchange index has yet to break through a key resistance level (around 2750–2800), and oscillators do not indicate a clear trend. Consequently, market participants’ strategies are predominantly conservative: many prefer to lock in profits or hold ...