... physical sales volumes. Investors will assess this data in the context of the stability of the ruble and budget revenues: a weaker export flow may increase pressure on the national currency and government finances, while a steady inflow of foreign currency earnings will support economic stability. Sberbank: Russia's largest bank will present its financial results for the first seven months of 2025 according to RAS. This interim report will reveal profit and lending dynamics at the country's largest credit and financial institution. Analysts forecast continued high profitability for Sberbank amid rising interest income and an active recovery ...

... Recession In Europe, more concerning news dominates. Preliminary data shows that Germany's GDP contracted in the second quarter of 2025, re-entering a downturn in the largest economy of the Eurozone. After modest growth in the first quarter, German GDP has ... ... economic stimulus with financial stability will be a priority for the regulator. Corporate Reports: Season Summary The concluding earnings season has shed light on the state of the largest companies worldwide. In the US, most companies in the S&P 500 reported ...

... regulations have already been established in Russian legislation. For instance, if you sell Bitcoins or another cryptocurrency and earn a profit, be prepared to pay tax to the budget. Security and data protection. Despite significant advancements in cybersecurity,... ... user identification (facial/eye recognition, voice, and fingerprint verification). Creation of Bitcoin reserves by states. In 2025, the USA plans to form its own strategic reserve of Bitcoin—without utilizing taxpayer money (according to the Trump administration)....

... second quarter of 2025 from major oil and gas corporations. The reports from industry leaders reflect normalization of market conditions compared to last year’s record figures. For instance, one of the largest companies, Shell , reported adjusted earnings of approximately $4.3 billion for Q2 2025—this is nearly a third less than a year earlier due to lower oil and gas prices. Nevertheless, the result exceeded analysts' expectations, which was positively received by the market. Other majors followed a similar trajectory: leading oil companies ...

... critical issues related to trade between these two largest economic regions. Equally important will be the release of corporate earnings reports in the United States, shedding light on order dynamics and corporate performance. Investors are closely monitoring ... ... and their possible implications for the economy in our article. Economic Events and Corporate Reports – Friday, July 25, 2025: EU-China Summit, CBR Rate Decision, Durable Goods Orders (USA) Summary and Highlights of the Day Friday, July 25, 2025, ...