Brussels is taking steps to lift sanctions on Russian billionaire Oleg Deripaska's assets, specifically a €2 billion stake. This move is aimed at offsetting court-ordered damages owed by Raiffeisen in Russia. The decision is significant as it reflects a potential thaw in relations and could have implications for international business and investment in the region.

The US dollar has reached a 30-year low in global foreign reserves, according to the IMF. This decline is significant as it reflects a shift in the global economic landscape, potentially impacting international trade and investment. A weaker dollar could lead to increased costs for imports and affect the purchasing power of consumers, making it a crucial development to watch.

Elon Musk has made headlines by becoming the first person to reach a net worth of $500 billion, according to Forbes. This remarkable achievement highlights his recent return to focusing on business, which has contributed to his financial resurgence. This milestone not only underscores Musk's influence in the tech and business sectors but also reflects the broader economic trends that can impact wealth accumulation. It's a significant moment that showcases the potential for growth and innovation in today's market.

Taiwan has reportedly imported nearly $5 billion worth of naphtha from Russia, despite the ongoing sanctions against the country and its support for Ukraine. This unexpected trade highlights the complexities of global oil markets and the challenges of enforcing sanctions. It raises questions about the effectiveness of these measures and the geopolitical implications of such transactions.

The ongoing conflict in Ukraine has sparked a significant surge in demand for military equipment, leading to what some are calling a 'gold rush' for Western weapons manufacturers. This situation is transforming Ukraine into a testing ground for new military technologies, as EU startups rush to supply arms to support Kiev. This development is crucial as it not only boosts the defense industry but also enhances the capabilities of Ukraine in its fight, potentially altering the dynamics of the conflict.