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Russia is set to engage in discussions with Elon Musk regarding Mars flight plans, as stated by Kirill Dmitriev, President Putin's envoy for international cooperation. Dmitriev emphasized the potential for collaboration in the space sector, aiming to enhance Russia's space agency Roscosmos and its nuclear corporation Rosatom. This initiative comes amid ongoing efforts to restore dialogue between the U.S. and Russia, particularly in light of the conflict in Ukraine.
Goldman Sachs has revised its Brent crude oil price forecast for December 2025 down by $5 to $71 per barrel, citing slower demand growth and increased OPEC+ supply. The bank now expects oil demand growth of 0.9 million barrels per day in 2025, influenced by slower U.S. GDP growth and higher tariffs. Meanwhile, oil prices rose over 1% amid geopolitical tensions and economic stimulus plans in China, with Brent futures reaching $71.91 and WTI at $68.42.
The crypto landscape is rapidly evolving, with major brands set to converge in Moscow for the Blockchain Forum 2025. This event promises to showcase the latest innovations and trends in the blockchain sector, highlighting the growing significance of cryptocurrency in the global market.
Goldman Sachs has revised its oil price forecasts downward, projecting $71 a barrel by December 2025 and $68 in 2026, due to anticipated weaker US economic growth and increased OPEC+ supply. Analysts highlight the need for refiners to hedge against potential margin pressures as demand risks rise, while geopolitical factors, including energy sanctions and production increases from exempt OPEC producers like Libya and Iran, will also influence prices. Despite the downgrade, a modest recovery in oil prices is expected in the coming months, contingent on stronger GDP growth and ongoing sanctions on Russian energy.
Goldman Sachs reports a significant shift in demand towards gold from financial institutions and central banks, driven by tariff concerns and inflation fears, with gold prices climbing to $3,004.81 per troy ounce. In contrast, Bitcoin has struggled, losing over 15% in value recently and failing to outperform gold for four years, raising concerns about its future as it breaches a long-held support trendline. Analysts warn that if Bitcoin closes below this level, it could signal the end of its current bull run.
Goldman Sachs has lowered its Brent crude oil price target for December 2025 to $71 per barrel, citing expectations of slower GDP growth influenced by President Trump's tariff policies. The firm anticipates reduced oil demand and higher OPEC+ supply, as geopolitical tensions ease supply concerns. Recent data indicates a shift in market focus from supply risks to economic growth, with tariffs expected to impact the U.S. economy further.
Shri Nitin Gadkari, Union Minister for Road Transport & Highways, will inaugurate the 32nd Convergence India & 10th Smart Cities India Expo 2025 in New Delhi from March 19-21. The event, themed "Imagining an AI-Driven Future Today," will feature over 1,000 exhibitors and 45 conference sessions, showcasing advancements in digital technologies and smart city solutions. With participation from government officials, industry leaders, and startups, the expo aims to foster innovation and collaboration in India's digital landscape.
Gold prices remain near record highs, hovering around $3,000 an ounce, driven by safe haven demand amid trade tariff uncertainties and geopolitical tensions in the Middle East. UBS has raised its price target for gold to $3,200 per ounce, reflecting increased investor interest in gold ETFs as a stable investment during turbulent times.Copper prices are steady, supported by expectations of stimulus measures from China, while concerns over potential U.S. tariffs on copper imports could tighten supplies.
BNP Paribas has renewed its title sponsorship of the BNP Paribas Open tennis tournament through 2029, solidifying its position as the longest-running title sponsor in the event's history since starting in 2009. The partnership, highlighted by the annual $20,000 BNP Paribas Open Scholarship for local high school students, reflects the tournament's growth and its impact on the Coachella Valley economy. The event continues to attract top players and large crowds, bolstered by significant investments from owner Larry Ellison since 2009.
Goldman Sachs has revised its crude oil price outlook, lowering its December 2025 forecast for Brent by $5 to $71 due to anticipated slower U.S. economic growth and increased OPEC+ supply. The bank warns of medium-term risks, including potential tariff escalations and the possibility of OPEC+ reversing supply increases if prices decline. Analysts believe the oil market will remain oversupplied this year, echoing sentiments from major commodity traders and the International Energy Agency.
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Russia plans talks with Elon Musk on Mars flight collaboration
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gold prices near record highs as geopolitical tensions and tariffs rise
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