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Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... of the week, Brent quotes were around $69 per barrel, slightly above Monday’s levels. Prices are supported by progress in trade negotiations: expectations of potential deals between the US and its partners have bolstered demand forecasts for oil. Specifically,... ... imbued the market with optimism, outweighing supply-increasing factors. Reports emerged that US authorities might partially ease restrictions on oil production in Venezuela, potentially allowing Chevron and other partners of PDVSA to increase heavy crude ...
Mir Cards to Start Operating in Iran from January 2025
... particularly relevant for large shipments such as machinery and equipment.
Benefits for Iranian Companies and the Economy
For the Iranian economy, the introduction of Russian Mir cards will open access to a new influx of funds, especially given the restrictions imposed on traditional international payment systems. This will help sustain economic activity and foster a conducive business environment.
Strengthening Trade Connections:
The use of Mir cards will provide Iranian companies with access to the Russian financial market, allowing deals to be conducted more swiftly and securely. This is particularly significant for small and medium-sized enterprises eager ...
EU on the Brink of Trade War: Macron Warns of Threat from the US and China
... protect its internal market.
Protectionist measures, such as the imposition of high tariffs, subsidizing domestic producers, and restricting foreign companies, put European manufacturers at a disadvantage. Macron stresses that a lack of decisive action from ... ... forcing them to relinquish positions in the US and Chinese markets.
Key Risks and Consequences for EU Businesses
Export Losses:
A trade war with the US and China could result in a significant decline in the export of European goods to these key markets, particularly ...
USD Coin (USDC) Price Forecast for May 2025
... protect capital from the depreciation of the national currency. Thus, macroeconomic instability and geopolitical risks (sanctions, restrictions on currency transfers) boost demand for USDC, indirectly influencing its market capitalization and turnover.
4. The ... ... in the Crypto Market. Stablecoins are an integral part of the cryptocurrency market infrastructure, providing liquidity for trades and serving as an intermediary asset for conversions between various cryptocurrencies. In 2024-2025, the cryptocurrency ...
EU Faces Trade War Threat: Macron Warns Investors of Rising Risks with the US and China
... independence and protect its internal market.
Protectionist moves, such as high tariffs, subsidies for domestic industries, and restrictions on foreign companies, put European producers at a disadvantage. Macron suggests that without decisive action, European ... ... suffer major losses, forced out of key markets in the US and China.
Key Risks and Impacts for EU Businesses
Export Losses:
A trade war could lead to a sharp decline in European exports to the US and China, particularly in sectors like automotive, chemicals,...