Russian billionaires increased their combined wealth by 11% over the past year to a record $696.5 billion, according to Forbes. The rise comes despite ongoing war-related pressures and sweeping Western sanctions, highlighting the resilience of Russia’s resource-driven economy. Much of the wealth growth is tied to Russia’s vast natural resources, with higher global
Gold is on track for its strongest annual performance since 1979, with futures in New York surging nearly 71% in 2025. Prices have climbed from around $2,640 an ounce at the start of the year to above $4,500, driven by global uncertainty ranging from trade distortions and geopolitical conflicts to inflation risks and currency volatility. […]

