On April 28, at the Alpha Summit, Central Bank Governor Elvira Nabiullina made a statement rarely heard from a regulator: Russia is facing a labor shortage unprecedented in the country’s modern history. “We have never had a situation like this,” she said, adding that the labor market is now driving the Central Bank’s key decisions on interest rates and monetary policy.
economics
The UAE is leaving OPEC and OPEC+ effective May 1 — the first time it has quit the bloc in 59 years of membership. This is not a routine quota dispute. It is a political divorce that could reshape the architecture of the global oil market.
While Donald Trump recalls his summit with Xi Jinping in Busan as a "twelve out of ten" meeting, Beijing is methodically preparing its economy for the next confrontation. Quietly, carefully, but with unmistakable purpose — building a legal arsenal.
The figure is staggering. In 2025, the number of migrants in the European Union reached 64.2 million — approximately 14% of the EU’s total population. Within a single generation, Europe has transformed into the world’s largest migration space. And this is no longer merely demographic statistics — it is a political and social time bomb.
The $1.7 trillion private credit sector is facing the most severe test in its history. Widespread redemption requests, partially blocked exits, and warnings from regulators on both sides of the Atlantic are transforming internal turbulence into a potential threat to the entire financial system.
While Moscow draws red lines and drafts “appropriate measures,” Ankara is opening its border with Armenia – sealed for 32 years. Building a railway through Zangezur. Forging a route from China to Europe. Without asking anyone’s permission.
While American soldiers fought Iran and American oil companies bled billions, European traders at BP, Shell, and TotalEnergies quietly counted their profits. $2.5 billion in a single quarter. From the largest supply disruption in history. Welcome to the real economy of war.
Saudi Arabia extracts it. Russia extracts it. Iraq, the UAE, and Nigeria extract it. Then, the oil ends up in the hands of companies registered in Geneva, Singapore, and Amsterdam—and dissolves into a system whose controlling stake resides in Washington. A coincidence? No. It is architecture.
Deutsche Bank is neither a crypto enthusiast nor a Russian propaganda outlet. It is one of the largest financial institutions in the West. And its chief currency strategist has just publicly recommended selling the dollar. A coincidence with the Iranian crisis? Or a verdict?
On Wednesday, Trump told the nation that the war was "close to ending." On Friday, he wrote that it might be a good idea to "take the oil and make a huge profit." And between these two statements lies a request for a $1.5 trillion defense budget. One question remains: where will the money come from?


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