Senator Graham posts agreement to hold Russia energy buyers accountable with 500% tariff threat

Angola's yuan reserve inclusion reflects a strategic shift in global finance, reducing dollar reliance and aligning with China's economic influence. The post Angola allows banks to use China’s yuan for reserve requirements, signaling dollar diversification push appeared first on Crypto Briefing.

The post India Gold Discounts Widen to $19 as China Buying Streak Hits 20 Months appeared on BitcoinEthereumNews.com. Indian jewelers are cutting gold prices by as much as $19 an ounce this week as sharp volatility freezes retail buying, while China’s central bank keeps adding to its reserves. The contrast highlights diverging gold strategies across Asia’s two largest markets during a volatile month for the metal. Spot prices dropped to a seven-month low in late June before rebounding, fueling the wide swings dealers cite this week. India’s Discounts Deepen as Buyers Hesitate Dealers in India cut prices by up to $19 an ounce this week, according to Reuters. Sharp volatility has discouraged fresh purchases, and many buyers are avoiding the market entirely. Retail activity has shifted toward exchanging old jewelry for new pieces, so jewelers do not need to restock as often. This shift lowers demand for freshly mined bullion and keeps discounts elevated. Indian jewelry volumes fell 19% ye

The post China: Growth slowdown with uneven momentum – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment. AI exports offset weak consumption “Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.” “Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.” “Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.” “However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year’s tra

This situation could lead to stricter AI export regulations, impacting US firms' global market access and boosting China's domestic AI industry. The post OpenAI and Google caught selling AI models to Pentagon-blacklisted Chinese firms appeared first on Crypto Briefing.

The post India: Inflation risks stay skewed higher – ING appeared on BitcoinEthereumNews.com. ING economists Deepali Bhargava and Lynn Song project India’s consumer inflation to edge up to 4.2% year-on-year in June, while wholesale inflation moderates to 9%. They highlight that lower Brent prices should ease wholesale costs, but persistent retail fuel prices, firmer food inflation and sticky core pressures keep overall inflation risks tilted to the upside over the coming months. Wholesale easing, consumer prices stay sticky “We expect India’s consumer price inflation to edge slightly higher to 4.2% year-on-year in June, while wholesale price inflation is likely to moderate to 9%.” “Softer Brent crude prices should pull wholesale prices lower, but persistent retail fuel costs, gradually firming food inflation and sticky core pressures point to a mild uptick in consumer inflation.” “The gradual pass-through of wholesale prices to retail prices, meanwhile, is expected to support underlyin

The post Russia Moves to Monitor Every Crypto Transaction Above 60,000 Rubles appeared on BitcoinEthereumNews.com. Rosfinmonitoring gets real-time data on Russian crypto deals over 60,000 rubles. Full KYC data including wallet address, name, DOB and TIN is required above 60K. Russia’s Central Bank gains power to ban crypto deals that may threaten stability. Russia is building one of the most comprehensive cryptocurrency surveillance architectures of any major economy, with new legislation set to give the country’s financial intelligence agency automatic access to data on every significant crypto transaction made by Russian citizens at home and abroad. Rosfinmonitoring Gets Sweeping New Powers The financial monitoring agency Rosfinmonitoring is set to become the central node of Russia’s crypto oversight system under a companion bill to the government’s core cryptocurrency legislation. The agency will receive real-time data feeds on all crypto transactions above 60,000 rubles, down from

Turkey's move to transfer S-400 systems could reshape its defense alliances, impacting NATO dynamics and US-Turkey relations significantly. The post Turkey seeks Russia’s permission to transfer S-400 systems in bid to rejoin US F-35 program appeared first on Crypto Briefing.

China's warning to Russia reshapes global nuclear diplomacy, potentially stabilizing geopolitical tensions and influencing market risk perceptions. The post China warns Russia against considering nuclear weapons in Ukraine, reshuffling geopolitical risk calculus appeared first on Crypto Briefing.