... comprises several hundred financial institutions globally. This means that XRP is increasingly used as a bridge currency for converting and transferring funds between different fiat currencies. The rise in actual demand for XRP for operations (through products like ODL – On-Demand Liquidity) provides fundamental support for the price. Additionally, Ripple regularly reports network metrics, such as transaction volume growth and liquidity on routes in Southeast Asia and the Middle East. As a result,...

... Russia was reinstated in August—enough time to saturate the domestic market. Not coincidentally, a few weeks ago, Deputy Prime Minister Alexander Novak mentioned reports of gasoline stockpiling in the domestic market. Only 10-15% of total gasoline production in the country is exported, but some oil refineries (NPPs) are initially geared towards fuel supply abroad. For them, the export ban was particularly painful. Stankevich notes that the political and economic situation requires prompt decisions,...

.... Payment Schemes: Utilizing friendly currencies and intermediary trading entities reduces operational risks. Impact on Indian Refinery Margins Increase in Gross Refining Margin (GRM): The discount to Brent raises the spread between crude prices and products. Optimization of Product Yields: Blending Russian and Middle Eastern grades allows for flexible management of diesel and jet fuel output. Reduction in Purchasing Volatility: Long-term supply schedules stabilize utilization rates. Consequences ...

... intensifying global tech race: funds from the US, Europe, and Asia are competing for stakes in the most promising AI startups , fearing they might miss out on the next great leader like OpenAI. Consequently, even relatively young teams with breakthrough AI products can now attract hundreds of millions of dollars, a feat formerly achieved only by more mature businesses. The current AI boom is global in nature and continues to gain momentum, setting new records in the venture market for access to cutting-edge ...

Tereshkin: Gas prices in the EU will not exceed $500 per thousand cubic meters due to the "Sudzha" gas metering station (Prime Economic Information Agency). On August 9, 2024, Sergey Tereshkin, CEO of the OPEN OIL MARKET oil products marketplace, commented on the potential consequences of reduced gas supplies through the "Sudzha" gas metering station for Europe. In his opinion, despite the increase in gas prices, the impact on European consumers will be limited....