Next week, the Bank of Russia will hold a meeting on the discount rate for the penultimate time this year. Both data and rhetoric indicate that even the expectation of a 100 basis point cut—to 16%—may be too optimistic. The Central Bank is caught between an increasingly obvious structural slowdown in the economy, which requires a rate cut to revive lending and demand, and still high inflation, which prevents this from happening.

Huge capital expenditures and investments continue to make American companies the leaders in the race for artificial intelligence. Europe is taking a different path and is responding with large-scale government programs and the first major deals, trying to commercialize its entire research potential. In this article we talk about why Europe can still compete with the United States for primacy in this race, as well as three possible beneficiaries of the development of AI in Europe.

THIS MATERIAL (INFORMATION) IS PRODUCED AND DISTRIBUTED BY THE BELL'S FOREIGN AGENT OR CONCERNES THE ACTIVITIES OF THE BELL'S FOREIGN AGENT. 18+ With increased uncertainty in global markets in 2025, investors have increased their investments in metals - and not just gold, which is currently receiving all the attention. Silver confidently surpassed the critical psychological level of $50 per ounce, reaching highs since 2011.

Shane Coplan made history as the youngest self-made billionaire. This comes after the owner of the New York Stock Exchange, Intercontinental Exchange (ICE), invested $2 billion in its Polymarket platform, where users place bets on the outcome of events. The company was valued at $9 billion, and Coplan's roughly 11% stake made him the youngest self-made billionaire in the world.

The Supreme Court of the Netherlands in The Hague made a final decision on the claim of ex-YUKOS shareholders against Russia, rejecting the cassation appeal of the Russian side and approving the decision of the Amsterdam Court of Appeal to pay $50 billion to ex-shareholders.

According to Reuters, citing a source in the White House, in the context of “productive trade negotiations” with the United States, Indian refineries began to reduce purchases of Russian oil by 50%. This has not yet been reflected in physical deliveries, but may become noticeable in December-January.

There is still a week before the Central Bank meeting on rates, but state banks are already raising deposit rates TASS