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FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
... levels and significantly lower than the peaks of last winter. Contributing to this are relatively cheap oil (~$70 per barrel compared to >$100 a year ago) and successfully restructured fuel supply chains. European countries have compensated for the loss of Russian diesel by increasing imports from the Middle East and Asia, as well as ramping up domestic production. As a result, gasoline prices at filling stations in Europe have stabilized, alleviating one of the reasons for inflationary pressure ...
Business Loan: How to Choose and Get Financing Wisely
... reliable than a completely new company with no history.
Financial statements and turnover. The bank will definitely request documents reflecting the financial status of the business. For LLCs, these are accounting statements (balance sheet, profit and loss statement), for individual entrepreneurs - tax returns on income. Bank statements confirming cash flows may also be required. Stable revenue and profit, an acceptable level of debt burden are important. If the purpose of the loan is to develop a ...
Top 10 Cryptocurrencies as of April 2025: Overview of Best and Promising Cryptocurrencies
... using the pseudonym Satoshi Nakamoto. In his white paper, Nakamoto outlined the idea of decentralized electronic cash, independent of banks and governments. The emergence of Bitcoin was a response to the global financial crisis of 2008 and the resulting loss of trust in the traditional banking system. The first block of the network, the "genesis block" (block #0), contained an encrypted reference to a newspaper headline about the banking crisis, symbolizing the intent to create an alternative ...