... effectiveness of the ceiling depends on compliance: in reality, Russia and its buyers have long moved to over-the-counter trading with settlements outside the dollar and SWIFT systems, and a number of transactions are occurring above the ceiling. The U.S. and G7 have not yet agreed on a new ceiling, and the U.S. Treasury, as of late June, had not approved a decrease below $60. Without coordination with Washington, a ceiling of $47.6 will remain an EU recommendation, lacking full legal authority globally,...

... 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,... ... banks are rethinking their strategies and where this will lead. Dedollarization of Global Finance: Reducing Investments in U.S. Government Debt Recently, global financial systems have been experiencing a significant shift: foreign central banks have ...

... looked for offers from banks with favorable terms for B2B marketplace users. The first integration was with Sberbank. We became one of the pilot projects within the "Installments for Business" program. We integrated via API with the bank’s system, and users gained the ability to apply for installment plans through their personal account on the marketplace. It took us 3 months to complete the documentation and technical work. The credit offer from Sberbank became available to "ORG-Market" ...

... almost entirely devalued. Causes of Inflation Growth The primary causes of inflation growth are usually attributed to the following factors: Excess demand. When the aggregate demand from the population and businesses significantly exceeds the economy's capacity to produce goods and services, sellers raise prices. Demand increases, while supply is lacking, leading to price growth. Rising production costs. Increases in the prices of raw materials, energy, transportation, or labor create higher production ...

... fueled by significant legal victories for Ripple: a US court confirmed that secondary sales of XRP do not constitute securities, alleviating substantial regulatory risks. The final resolution in the dispute with the SEC is still pending (the regulator's appeal remains), but market sentiment is positive. If the Securities and Exchange Commission (SEC) officially drops its claims in the coming weeks, the long-standing uncertainty regarding XRP's status will fade. Additional momentum for XRP may come ...