#BTCPrediction 💬 News digest
Economy:
🟠 Due to low oil prices, the Russian government intends to spend about 450 billion rubles from the National Wealth Fund (NWF) to offset the budget deficit this year. This was stated by Finance Minister Anton Siluanov.
🟠 The European Commission will propose a phased complete cessation of all remaining imports of Russian gas and LNG by the end of 2027 — European Commission
🟠 The EU's plan to abandon Russian energy resources may not interest businesses. Many companies are discussing the resumption of full gas imports from Russia, 'as soon as it becomes legally possible and politically acceptable.' — Politico
🟠 New EU sanctions against Russia will affect 60 individuals and legal entities, as well as about 150 vessels — Bloomberg
🟠 Trump: now is not a good time to bring Russia back into the G7
🟠 The US Secretary of Homeland Security supports sanctions against Russia's oil industry
🟠 Oil prices may stabilize in May around $62 per barrel of Brent — SberCIB
🟠 Achieving market capitalization growth is impossible without state companies going public — Siluanov
🟠 The Russian Ministry of Finance does not expect dividends from Gazprom for the results of 2024 — Siluanov
Geopolitics:
🟠 A long-term solution to the conflict in Ukraine cannot be ensured solely by a ceasefire or stopping along the contact line — Lavrov — TASS
🟠 India has begun operations against Pakistan; explosions are heard at the border — Reuters
🟠 Pakistan does not plan escalation amid India's retreat — Defense Minister Khawaja Asif — Bloomberg TV — Vedomosti
🟠 Houthis will continue to attack Israel despite the cessation of the US military campaign in Yemen
Today's expected events:
• 🏛 The Central Bank of Russia will announce the volumes of currency purchases/sales in May - 12:00 MSK
• 🇺🇸 US crude oil inventories - 17:30 MSK
• 🇷🇺 Inflation (CPI) in Russia (weekly) - 19:00 MSK
• 🇺🇸 Federal Reserve interest rate decision - 21:00 MSK
• 🇺🇸 FOMC press conference - 21:30 MSK
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