🇮🇳 India is considering further steps to attract foreign investments into the country, according to BBG. The government aims to create a more favorable investment climate to boost economic growth and development.
🚨 Western investors are once again focusing on Russian assets, attracted by significant discounts resulting from ongoing sanctions. This renewed interest highlights the potential opportunities in the market, despite the geopolitical challenges. For more details, visit EUReporter.
🛢 The number of oil tankers crossing Egypt's Suez Canal increased by nearly a third in April, according to BBG. This rise comes amid the blockade of the Strait of Hormuz, impacting global oil logistics.
✨ The CFTC is set to propose new regulations for "prediction markets", granting regulators the authority to block markets that are susceptible to manipulation, according to the Wall Street Journal.
⚠️🇦🇲 Lavrov announced that Armenia has begun active military dialogues with both NATO and the EU.
🤖 Russian telecommunications giant Rostelecom is establishing an open consortium of developers aimed at the industrial implementation of artificial intelligence (AI). This initiative seeks to foster collaboration and innovation in the AI sector, enhancing the capabilities and applications of AI technologies across various industries.
💰 The Russian Finance Ministry has successfully placed OFZ 26244 bonds worth 53.49 billion rubles, amid a demand of 102.73 billion rubles. The average yield stands at 14.84% per annum.
🛢🇯🇵🇷🇺 Kyodo reports that Japan is nearing an agreement with the United States on exemptions from sanctions for the supply of LNG from Russia.
🇶🇦 A delegation from Qatar has arrived in Iran for discussions on diplomacy with the United States, as reported by ISNA.
🚫🛢 The CEO of Shell has announced that events in the Strait of Hormuz have resulted in a supply deficit of oil amounting to 1.2 billion barrels.
⚠️🇮🇷 Trump has stated that he is close to issuing orders for new strikes against Iranian power stations and bridges. He emphasized that he will not back down. - Fox News
🇷🇺 Financial services report that deposit rates for deposits have risen since early May.
⚠️🇺🇸 Traders have begun to actively hedge against a potential decline in the S&P 500 in the coming weeks, as concerns mount over market stability. The costs associated with hedging the $9 trillion S&P 500 rally have surged ahead of the Federal Reserve's upcoming decisions. For more details, visit BBG.