India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve liquidity in trading operations. This will help to avoid double conversion through the dollar when paying for oil. The exchange rate will be set by the Bank of Russia and the Reserve Bank of India. Earlier, a similar agreement was concluded between India and the UAE. Fitch downgraded Israel's rating to A level. The international rating agency Fitch Ratings has downgraded Israel's long-term foreign currency issuer default rating from «A+» to «A», setting the outlook as «Negative». This decision is due to the ongoing war in Gaza, which has increased geopolitical risks and led to military operations on several fronts. Brazilian meat is becoming more and more popular in Russia. In July, Brazil doubled meat supplies to Russia compared to June, reaching a record $59.5 million — the highest figure since November 2017. Trump supports Putin. Trump expressed the opinion that it is important for the United States to maintain good relations with Putin. If he wins the presidential election, he hopes to re-establish cooperation with the Russian leader. Gazprom stated that the gas supply through Ukraine to GIS Suja has returned to its maximum. The company is currently supplying 42.4 million cubic meters for transit through Ukraine via GIS in the Kursk region, said company spokesman Sergey Kupriyanov. According to him, the supply returned to the levels of July and early August.
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