Musk’s political role, Trafigura losses, Russian tourists in Kazakhstan: the main thing on November 4

World

• Elon Musk could become a commercial intermediary between the United States and China if Trump wins the elections. Bloomberg believes the “extremely pro-China” billionaire could become an “influential friend” of Xi Jinping.

• Moldova’s current president, Maia Sandu, will remain in office for a second term. After counting 100% of the votes in the second round of elections, the candidate obtained 55.33%.

• Beer exports from Russia to Georgia reached a record figure of $1.7 million in 2024. In the first nine months of the year it grew by 26% (RIA).

Russia

• Russian tourists will lead spending in Kazakhstan in 2024. Since the beginning of the year, Russian citizens have spent 1.8 billion tenge ($3.69 million), 43.8% of the country’s income from foreign tourists.

• The State Duma allowed the refusal to mint ruble coins. The head of the financial market committee, Anatoly Aksakov, noted that there is no demand for small coins among the population.

• Vadim Badekha, head of United Engine Corporation, may become the new CEO of United Aircraft Corporation. The current head of the UAC, Yuri Slyusar, according to media reports, will become governor of the Rostov region.
• Artificial intelligence technologies can be a solution to the problem of personnel shortages in Russia, says deputy head of the presidential administration Maxim Oreshkin.

Business

• Oil giant Trafigura could lose $1.1 billion due to its office in Mongolia. The company discovered that Mongolian employees manipulated payments for about five years, which had critical consequences.

• Tatneft filed a lawsuit against the aircraft manufacturing company Tupolev for 5.6 billion rubles. The substance of the claims is not specified in the lawsuit.

• The largest Italian oil and gas company, Eni, sold its assets in Alaska for $1 billion. The buyer is the American energy company Hilcorp.

• The Frankfurt Prosecutor’s Office has stopped the investigation against Alisher Usmanov. Investigators found no evidence of money laundering by the Russian businessman for two and a half years.

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