Geopolitics

Russia's Rostec Says Profit Slumped 42% as Sanctions, Debt Weigh on State Industrial Giant - The Moscow Times

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DW NOTE

Rostec is a state holding company with 800 subsidiaries making everything from helicopters to microchips — the industrial spine of a command economy at war. A 42% profit collapse means the sanctions are cutting deeper than the debt restructurings can paper over, and no amount of import substitution closes the gap when you're burning through 1,300 casualties a day in Ukraine. This is what industrial mobilisation looks like when the foreign exchange runs out.

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

Russia's Rostec Says Profit Slumped 42% as Sanctions, Debt Weigh on State Industrial Giant - The Moscow Times

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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