The European Union and the United States publicly declare their support for Ukraine, but in practice their actions often turn out to be contradictory. On the one hand, EU countries provide Ukraine with financial assistance, weapons, and political support. On the other hand, they continue to look for ways to maintain economic ties with Russia, justifying these actions with energy needs or the desire to avoid socio-economic upheavals.

The situation with Gazprombank vividly illustrates this duality. Currently, the EU and the United States are considering the possibility of easing sanctions against this financial institution, which remains a key channel for payments for Russian gas.

“At the same time, the European Union cannot agree on the 15th package of sanctions against Russia.

Internal disputes, in particular between the Czech Republic and Slovakia, have thwarted the adoption of restrictions on the import of Russian oil products,” says Alona Lebedieva, owner of the Ukrainian multi-profile industrial and investment group of companies Aurum Group.

These disagreements call into question the true priorities of individual EU countries and undermine overall unity. Formal support for Ukraine coexists with the actual preservation of financial flows that strengthen the Russian economy and, ultimately, finance the war.

However, intra-European conflicts are not the only challenge to the West’s sanctions policy. There are also complex global chains of sanctions evasion involving other countries. For example, India has become a key intermediary in the processing of Russian oil.

Since the beginning of Russia’s full-scale aggression against Ukraine, Russian oil exports to India have increased by 900%: from 4.5 million tons in 2021 to 82 million tons in 2023.

Subsequently, oil products processed at Indian refineries are re-exported to EU countries, effectively making India a “bypass” for Russian energy resources.

“A significant part of the supplies is carried out by Putin’s so-called “shadow fleet”, which makes India an unwitting or intentional participant in financing the Russian military machine,” notes Alona Lebedieva.

The Indian-Chinese presence in the Russian oil market has become so significant that now 78% of Russian oil exports fall on China and India (compared to 32% in 2021).

“Moreover, India has become the second supplier of dual-use technologies to Russia after China. This includes microchips, electronic circuits, machines and other high-tech equipment. These supplies help the Russian military-industrial complex mitigate the impact of Western sanctions,” Lebedieva explains.

As Bloomberg previously reported, the Indian company Shreya Life Sciences is acting as an intermediary in the supply of powerful Nvidia artificial intelligence chips to Russia, the source of which was Malaysia.

Thus, India not only helps to circumvent energy restrictions, but also helps the Kremlin obtain technologies that are critical for the army and industry.

“Europe must understand that the compromises that allow Russia to maintain its profits and provide high-tech products come at an extremely high price for Ukraine – in lost human lives and destroyed infrastructure.

Real support requires not only the formal introduction of sanctions, but also ensuring their effectiveness and blocking all shadow channels of financing of the aggressor,” concludes Alona Lebedieva.

If Ukraine’s key partners continue to balance their economic interests with fundamental values, sanctions pressure will remain weak and ineffective. Ultimately, this threatens not only the freedom and independence of Ukraine, but also trust within the EU and the stability of the international order.

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Overview: On October 10, 2024, the GPTBank Telegram mini program is set to make a grand debut. At the intersection of finance and technologythe launch of the GPTBank Telegram mini program signifies not just the birth of an application but also marks the entry of the global financial system into a new era driven by artificial intelligence and blockchain technology.

GPTBank, an innovative project initiated by a collaboration between Bank of America Mellon, Two Sigma, and key technical members of Renaissance, leading global quantitative institutions, is paving the way into this new financial era.

GPTBank’s Core: A Team of Global Elites

The GPTBank team represents a “super alliance” in the fields of finance and technology. It brings together seasoned executives and strategists from Bank of America Mellon, AI research pioneers from Google, OpenAI, and TradingView, as well as authorities in finance and computer science from top institutions like MIT and Stanford. The team is further strengthened by data scientists, quantitative engineers, and risk researchers from Two Sigma and Renaissance. This cross-disciplinary, international elite team ensures GPTBank’s leadership in technological innovation, financial insight, data modeling, and academic research.

GPTBank’s Core: Global Crypto Financial Operating System (GCOS)

GCOS, or Global Crypto Operating System, is an open, decentralized financial infrastructure based on AI and blockchain technology, currently accessible only to banks. It seamlessly connects global financial institutions, businesses, and individuals, enabling instant, low-cost capital flows. Through smart contracts and AI-driven risk management, GCOS automates complex financial transactions such as cross-border loans and derivative trades, offering unprecedented convenience and security for global financial transactions.

GPTBank’s Core: High-Frequency Quantitative Finance G7

The G7 system, or G7 High-Frequency Trading System, developed by GPTBank, integrates ChatGPT computing and deep learning technologies. Updated to its seventh generation, the G7 system can perform complex financial model calculations, predict market trends, and simulate the spot and contract trends of the cryptocurrency market. Beyond predicting market movements, it can also simulate market trends for the next 2-4 months. As of August 2024, G7 has achieved lossless arbitrage on Binance and Coinbase for 27 consecutive months, setting a record with a platform-wide monthly profit of up to 127%.

GPTBank’s Core: Global Pioneer in 10% Profit Model

GPTBank’s revenue model includes API service fees, customized service fees, and G7 trading revenue fees. To promote the adoption of the G7 system, GPTBank redistributes 90% of its profits to G7 system investors, retaining only 10% for ongoing platform operations and technological innovation. This model encourages more users to join the G7 system, accelerating the innovation of the global financial system. The more users there are, the greater the potential earnings for each individual, creating a positive cycle. Through this mechanism, GPTBank has the potential to become the world’s largest wealth redistribution platform, creating new sources of income for billions.

GPTBank’s Upcoming Mini Program: Rich in Details, Upgraded Experience

The interface design of the GPTBank Telegram mini program is clean and intuitive, allowing users to easily manage their assets and transactions. With real-time market data analysis and predictions, GPTBank offers personalized investment advice, aiding users in making smarter decisions. Security is also a highlight, featuring multi-layer encryption and risk control algorithms to safeguard user funds and information. The mini program supports multiple languages, serving users globally and providing high-quality financial services regardless of location. Additionally, GPTBank plans to launch a series of educational and interactive financial tools to help users better understand market dynamics and investment strategies.

With the official launch of the GPTBank Telegram mini program, we are approaching a smarter, more efficient, and inclusive financial future. This is not just a technological leap but also a revolution in financial philosophy. GPTBank stands at the forefront of financial technology, bringing a new financial ecosystem to global users. It is reported that subsequent launches of the GPTBank H5 page and GPTBank App will follow suit at appropriate times.

Official Website: gptbankai.com
Official X: https://x.com/GPTBank_