Found: 263

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

... them to avoid the impact of sanctions and reduce dependence on Western financial institutions. Russia and China are already actively promoting transactions in rubles and yuan, reducing the dollar's share in their mutual transactions. Commentary by Sergey ... ... strong pressure on the financial decisions of other nations, the necessity to seek alternative financial tools emerges. For businesses, especially in sectors like oil and gas, diversification of currency risks can serve as a strategic advantage. At Open ...

Trifluoroacetic Acid Accumulating in Rain: Scientists Debate the Dangers

... tomorrow, as the substance gradually accumulates in the environment. Laboratory studies have shown that TFA exhibits biological activity, so it cannot be considered harmless. Risks to Ecosystems Research indicates that plants absorb trifluoroacetic acid ... ... arise. Underestimating the problem is not an option. While scientists continue to study trifluoroacetic acid, governments and businesses should already consider reducing emissions of "forever" chemicals and seeking safer alternatives. Such a ...

The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.

... could impact the diesel fuel market. Find out what the market is expecting and how these changes could affect consumers and businesses. The rise in diesel fuel (DT) prices at gas stations this year (2.4%) is currently more than twice lower than the ... ... stated that there are currently no objective economic reasons for a rise in wholesale diesel prices due to the start of the active agricultural season. Firstly, world oil prices have decreased by more than 5% over the last month, with no signs of reversing ...

Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization

... arrangement ensures the timely delivery of precious metals to buyers, allowing them to collect their purchased bars within one business day after the transaction. Regulations for bar issuance are currently being developed, and an accredited delivery operator ... ... relations, where pricing for key commodities such as gold occurs without reference to Western centers. It remains to be seen how actively the new market will integrate into the global system and whether it can attract substantial international liquidity. ...

Strong energy bonds

... Development Strategy under the President of the Russian Federation and CEO of Rosneft, during the 6th Russian-Chinese Energy Business Forum (RCEBF) on July 23. In 2023, Russia exported 107 million tons of oil to China (+24%), increasing its share of China's ... ... Administration of Customs. Supply volumes grew 2.2 times from $43 billion in 2019 to $95 billion in 2023. Moscow and Beijing are also actively transitioning to settlements in national currencies, with the share of transactions in rubles and yuan exceeding 90% ...