They must provide a favorable environment for economic development and the expansion of the business landscape. Moscow has risen to the 22nd position, marking its first entry into the TOP-25 fDi Global Cities of the Future since 2014. In the challenging year of 2020, Moscow managed to attract a record amount of private investments, with investments in fixed capital amounting to 1.9 trillion rubles from January to September, which is 11.5% higher ...

... in 2025, promising teams will once again have ample opportunities to secure funding—the competition for the best projects is growing not only among startups but also among investors themselves, striving to invest in the most promising innovations. Global Expansion of Venture Capital The venture activity in 2025 is distinctly global in nature. While historically, the majority of deals were concentrated in the US and China, a surge of growth is now occurring in new markets. In the Middle East and North ...

... reduces potential regulatory risks. 8. Forecast Until the End of 2025 Conservative Scenario: maintaining commodity price levels could add an additional $5-7 billion to total wealth. Optimistic Scenario: a successful IPO of Telegram and continued growth in global demand for metals could increase total capitalization by $10-12 billion. Risk Scenario: an expansion of sanctions or a sharp drop in oil prices below $60 per barrel could negate half of the achieved gains. 9. Conclusion: Key Takeaways for a Broad Audience The increase in the wealth of Russian billionaires demonstrates the adaptability of major ...

... Concurrently, national oil and gas giants (such as Saudi Aramco, Rosneft, etc.) continue to implement strategic projects for capacity expansion, diversifying sales markets, and localizing equipment. Overall, the quarterly financial results confirm the resilience ... ... regarding interest rates and the dollar's exchange rate will impact borrowing costs, investment activity, and consequently, global demand for energy resources. Sanctions and Trade Disputes. The development of sanction policy against Russia (including ...

... issuers) may raise costs for Circle. Nevertheless, the current trend appears to be positive, as authorities recognize the benefits of stablecoins for the economy and seek to legalize and regulate them rather than ban them. MiCA in the EU and Circle's Global Expansion. Regulatory shifts are also occurring outside of America. In 2024, the European Union approved the MiCA (Markets in Crypto-Assets) regulation, establishing rules for crypto-assets, including stablecoins, within the EU. Circle has proactively ...