OPEC+ countries will meet on July 18 after they finally managed to make progress in negotiations on oil production quotas, writes Bloomberg. The main confrontation unfolded between the United Arab Emirates (UAE), which blocked the deal, and Saudi Arabia. The online conference is scheduled for 13:00 Moscow time, sources close to the talks told the publication. In recent days, officials have privately argued that the meeting will only take place if some kind of agreement is reached.

Anthony Di Iorio, co-founder of the blockchain platform and digital currency Ethereum, will stop dealing with cryptocurrencies. One of the reasons for this decision is his fears for personal safety, writes Bloomberg. “I don't feel safe in this space. If I was focused on more serious problems, I think I would be safer, ”said the entrepreneur. Since 2017, Di Iorio has been traveling everywhere exclusively accompanied by personal guards.

Hello! Our top story this week is another assault on independent media with the effective ban of investigative journalism outlet Proekt. We also look at Putin’s 5,000-word historical essay on Russians and Ukrainians, a billion-dollar IPO for a leading private healthcare provider , and the chart-topping success of Russian-made action film Major Grom that became Netflix’s most-watched offering.

The EU's proposal for a border tax on carbon has provoked a sharp reaction from its trading partners, led by Russia, writes the Financial Times. It is Moscow that will lose the most from the implementation of this plan. This week, the EU unveiled the EU Green Deal, a comprehensive environmental plan that aims to reduce emissions by 55% from 1990 levels by 2030.

The issue of release is like a 32-year-old lawyer became the main enemy of Amazon, Facebook and Google in the USA Last week, US President Joe Biden signed a radical antimonopoly decree designed to destroy the oligopolia of techno -giants. The document was written not without the help of 32-year-old Lina Khan-the youngest in the history of the head of the US Federal Trade Commission (FTC), appointed by Bayden in June. Khan is the voice of the American antimonopoly movement of recent years.

Almost a week has passed since the successful flight of Richard Branson into space, and the excitement among investors has noticeably subsided during this time, writes Bloomberg. Now Virgin Galactic has an equally important task to solve - to convince investors of the viability of its plan to become a pioneer in the field of space tourism. The first flight of VSS Unity with passengers, among whom was the founder of the company, took place on July 11.

Record inflation, which turned out to be a reckoning for the rapid restoration of world GDP after the pandemic and overtook such different countries as Russia and the USA, becomes the main factor in the global economy. More and more economists are inclined to the fact that this is not a temporary effect of pandemia, but high inflation with us for at least two to three years. This means not only rising prices, but also a change in investment strategies.

The United States believes that Russia and China are spreading disinformation about Western vaccines in order to promote their own coronavirus drugs. This was stated on the eve of the White House Press Secretary Jen Psaki during a briefing. “This is more than just vaccine competition. The risk and impact is that such reports exaggerate potential side effects from Western vaccines.

The international rating agency S&P Global Ratings has affirmed Russia's long-term foreign currency credit rating at BBB-. Analysts believe that the country's economy has returned to its pre-crisis state. Long-term local currency rating affirmed at 'BBB'. The rating outlook is “stable”. Analysts at S&P raised their GDP growth forecast to 3.7% from 3.3% in March.