AGP Executive Report
Last update: 11 hours agoLukoil Assets: A consortium led by U.S. billionaire Todd Boehly is nearing a securities-swap deal for Lukoil’s overseas portfolio, initially valued at $22 billion. Business Conditions: Russian courts declared 5,360 companies bankrupt in the first nine months, while rising utility bills add to household strain. Industrial Policy: Moscow plans to spend 65.2 billion rubles in 2027–29 on industrial infrastructure; Putin has also ordered data centers to reserve 10% of capacity for state resources. Markets and Payments: The Moscow Exchange plans to launch Bitcoin, Ether and USDT trading on December 1, as Russia restricts cash-ruble exports to Armenia and other countries. Fuel and Trade: Diesel exports from Russia and the Middle East fell 60%, and St. Petersburg’s diesel supply has dropped below 40% amid fuel shipments to the U.S. Russia’s trade with ASEAN has grown 58% in a decade, according to Foreign Minister Sergey Lavrov.
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