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The main events by the morning: February 26


February, 26 2025
watermark Economic news

  • Russia ranks 4th in the world in terms of reserves of rare earth metals. The proven reserves of REM at the beginning of 2023 amounted to 16.8 million tons + about 12 million tons undiscovered. This is a very large base, which provides Russia with the 4th place in the world in terms of reserves and the 7th place in terms of production. Technologically, mining is difficult, but there is a demand for REM in the world. Russia needs investments and the expansion of sales markets for the development of the industry.


  • Ukraine agreed to a deal with the United States on minerals after Washington refused the most stringent requirements. The United States waived the requirement for the right to receive potential income in the amount of $500 billion. Kiev is now ready to sign the agreement and hopes to improve relations with the Trump administration.


  • Canada will strengthen intelligence sharing with Europe amid Trump's tough foreign policy. The reason was the disagreement between Canada and the United States on the Ukrainian issue. Canadian Foreign Minister Melanie Jolie said the country was concerned that the United States opposed the anti-Russian resolution at the United Nations. 


  • Musk became the absolute leader of the «superbillionaire» rating with a fortune of $419.4 billion. In the current reality, we can talk about the emergence of a new category of rich people — superbillionaires with a fortune of over $50 billion. There are 24 such individuals worldwide: their total wealth is about $3.3 trillion. In the top five after Musk are Jeff Bezos with $263.8 billion, Bernard Arnault with $238.9 billion, Larry Ellison with $237 billion and Mark Zuckerberg with $220.8 billion.


  • It will be possible to become an American for $5 million. Trump announced that in 2 weeks, the US government will launch a special program to obtain a residence permit in the United States. It provides for a residence permit fee of $5 million. The money received can be used to cover the budget deficit.

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.