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18.07.25 - 13:01
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Russia Sanctions: EU Targets Oil & Banks, Stablecoin Bill Boosts Crypto | Bloomberg The Pulse 7/18 (Bloomberg)
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European Union states have approved a fresh sanctions package on Russia over its war against Ukraine including a revised oil price cap, new banking restrictions, and curbs on fuels made from Russian petroleum. The package, the bloc's 18th since Moscow's full scale invasion, will see about 20 more Russian banks cut off the international payments system SWIFT and face a full transaction ban, as well as restrictions imposed on Russian petroleum refined in third countries. A large oil refinery in India, part-owned by Russia's state-run oil company, Rosneft, was also blacklisted.
Today's guests: Eelco Heinen, Dutch Finance Minister, Matheus Dibo, Goldman Sachs Private Wealth Management Investment Strategy Group Managing Director, Marcus Garvey, Macquarie Head of Commodities Strategy, Sanusha Naidu, Institute for Global Dialogue Senior Research Fellow (Source: Bloomberg)...
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18.07.25 - 12:48
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Ringen um sauberes Gold (FAZ)
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Als kleines Institut hat die Pax-Bank für Kirche und Caritas schon Einfluss genommen auf Standards im Umweltschutz. Nun will sie den Goldabbau nachhaltig verändern....
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18.07.25 - 12:00
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The EU Depends On China & Russia For Rare Earths (ZeroHedge)
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The EU Depends On China & Russia For Rare Earths
Almost half of the European Union's imports of rare earths came from China last year, according to the latest data from the European Union's statistical office (Eurostat).
As Statista's Anna Fleck shows in the chart below, Russia followed in second place with a share of around 29 percent, while Malaysia was in third at around 20 percent.
You will find more infographics at Statista
In order to reduce dependence on China and other individual countries, the EU passed the Critical Raw Materials Act 2024.
The aim is to extract 10 percent of rare earths in the EU itself and cover 15 percent of demand from recycling.
In addition, no single third country is to cover more than 65 percent of demand.
The 17 metals of the so-called rare earths are used in many of today's key technologies.
Terbium is essential for the production of permanent magnets, important for wind turbine generators and electric vehicle motors. The rare earths cerium and lanthanu...
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