Found: 323

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% ...

Putin and Trump's Talks in Alaska: Agenda and Impact on Global Markets

... sanctions are unrealistic, but the mere fact of dialogue regarding economic cooperation could serve as a positive signal for businesses. Location of the Meeting and Security Measures The decision to hold the summit at the Joint Base Elmendorf-Richardson ... ... the negotiations. Putin's arrival at a site that historically played a role in containing Soviet (and later Russian) military activity in the Arctic is noteworthy in itself. At the same time, the choice of Alaska – a relatively neutral and geographically ...

Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality

... through the implementation of advanced technologies and innovative solutions in the field of renewable energy. This project is actively contributing to the global initiative aimed at achieving carbon neutrality. The use of molten salt for energy storage,... ... operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, wind, and other forms of alternative energy. Projects like the dual-tower solar power plant ...

Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?

... September-October will depend on the balance of supply and demand. "September is traditionally a month of high demand, as people return from vacations, the school season starts, and consumption in cities increases. At the same time, September-October is the active period for refinery maintenance. Based on this, I assume the government may extend the restrictions," he concludes. RBC has sent a request to the Ministry of Energy. Translated using ChatGPT Sourse: https://www.rbc.ru/business/31/07/2024/66a8e7779a7947cafd9a33a4?from=newsfeed