Found: 127

Growth of the Wealth of the Richest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics

... state of the Russian economy. Discover the role of entrepreneurs like Potanin in transforming the market and the prospects for new investments in 2025. Growth of the Wealthiest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics 1. ... ... analysts, and the wider audience in the CIS, this signals the sustained investment attractiveness of Russian assets even amidst sanctions and geopolitical volatility. 2. Growth Leader: Pavel Durov and the Telegram Ecosystem The absolute leader was Pavel ...

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

... announced discussions with BRICS partners to create an international precious metals exchange. The aim of such collaboration is to ensure "fair pricing" for gold and other metals, promote mutual trade growth, and protect these operations from sanction risks. The new St. Petersburg platform is potentially open to participants from BRICS countries interested in trading actual bars outside the control of Western exchanges. This represents another step toward de-dollarization—transitioning to settlements in national ...

Buyers Battle for Russian Oil in Europe

... begin in late 2025 or early 2026, and the pipeline will be fully operational by 2028. The plan is to deliver Russian oil via a new route through the Druzhba pipeline, transiting through Hungary directly into Serbia. Previously, Russia supplied oil to Serbia ... ... and then sent through a direct pipeline to the Serbian oil refinery owned by NIS. However, the sixth package of anti-Russian sanctions, effective from December 5, 2022, has prohibited the delivery of oil from Russia to the European Union by sea. As a ...

New Reality for Gazprom: The End of a 60-Year Partnership with the EU

... actively taken Russia's place by providing alternative sources of gas to European countries. In 2024, the EU continued to purchase Russian LNG at a volume of 21 billion cubic meters; however, these supplies are under significant risk due to potential new sanctions. Among the few remaining partners of Gazprom in Europe, Hungary remains significant. The Role of the U.S.: Strategic Dominance in the Gas Market The U.S. decision to push Russia out of the European gas market began to be realized during Donald ...

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... the Saint Petersburg Currency Exchange (SPCE), which has attracted the attention of all participants in the currency market. The purchase of this platform by the Central Bank opens up new opportunities for the country's financial market, and also sets new benchmarks for currency transactions in the context of sanctions pressure. Let's figure out why this deal was made, what prospects it opens up for the Central Bank and the financial sector as a whole. Who did the Central Bank acquire the Saint Petersburg Currency Exchange from? According to Frank Media, sources ...