... an average oil price of $80 per barrel and accounting for sanction-related discounts of 30-35%, the total value of the shipments is estimated to exceed $20 billion. These figures not only illustrate significant trading volumes but also the enormous economic advantage for China, which is acquiring oil at a reduced price. How This Affects Russia? Increased competition in the Asian market Iran is offering oil at substantial discounts, making it attractive to China. As the primary oil supplier to the ...

... if nominal incomes are increasing, prices are rising faster, and people can afford fewer of the same goods. This is particularly hard on retirees and those on fixed incomes, as their earnings are effectively devalued. Second, high inflation creates economic uncertainty: businesses cannot accurately plan investments and expenses, raising the risk of project losses. The central bank must increase the key interest rate to "cool down" the market, making loans more expensive and slowing economic ...

... then the ruble has become cheaper, and this is called devaluation. Devaluation greatly affects the purchasing power of citizens and the country's economy. Why does devaluation happen? Devaluation can occur for various reasons. Here are the main ones: Economic instability: When a country experiences economic difficulties, such as high inflation, political or geopolitical crises, the state's foreign exchange reserves can decrease, and the demand for the ruble falls. Low prices for export goods: Russia,...

... 2013: The price of Bitcoin exceeded $1,000, only to decline to around $200 shortly afterward. 2017: Bitcoin achieved a new high of approximately $20,000, attracting significant attention from investors and media. 2020-2021: Amidst a global pandemic and economic instability, Bitcoin exhibited remarkable growth, reaching $29,000 in December 2020 and over $64,000 in April 2021. 2024: Bitcoin reached a new all-time high, surpassing the $100,000 mark. Factors Influencing the Growth of Bitcoin's Value Limited ...

... China and India present a different scenario. The Chinese economy is demonstrating stable growth, and World Bank specialists believe this trend will continue for at least the next ten years. In other words, China has every chance of becoming a global economic leader soon. Regarding sectors to invest in, the IT sector should be prioritized, having attracted almost $90 billion in investments last year. However, China isn't the only growth leader. India has outpaced China in GDP growth, attributed to ...