Ukraine signs $40M grant deal with Japan's JICA for recovery, infrastructure, health & agriculture support

Russian stock exchange chief: Criminal cases against investment Telegram channel authors signal market boundaries

Russian stock exchange chief says criminal cases against investment Telegram channel authors signal market boundaries

Euro zone economic activity contracts at fastest pace in over two years in May, PMI shows

Euro zone economic activity contracted at the fastest pace in over two years in May, according to the latest PMI data.

Stablecoins' 'hidden dollarization' threatens monetary sovereignty, BIS warns. Russia uses them in trade, but CBRF unregulated due to US jurisdiction.

According to BIS, around 98% of all stablecoin capitalization is in USD, with USDT and USDC used for savings and payments in high-inflation countries. Major issuers are US-based, raising concerns about monetary sovereignty. Russia uses stablecoins in trade, but CBRF doesn't regulate them due to US jurisdiction.

UK businesses see first output decline in over a year due to Iran crisis, political turmoil

British businesses experienced a decline in output for the first time in over a year due to the impact of the Iran crisis and political turmoil on the services sector.