... reduction in the share of borrowed funds amidst rising interest rates and overall economic instability. Prices of New Homes: The average price of new homes in Moscow and the Moscow region increased by 6% in 2024. This is significantly lower than the rate of price increases in previous years, when housing prices rose much faster, clearly indicating a slowdown in the real estate market. #Moscow #RealEstateMarket #Mortgage

... but this carries certain risks. The gasoline export ban, suspended at the end of May, will resume on August 1 for at least a month. The opening of the export channel did not lead to a significant increase in oil refining, while wholesale gasoline prices increased by 10-30% over just two months, according to exchange data. For instance, the price of AI-92 increased by 13% from May 20 to July 30, reaching 54,486 rubles per ton, while AI-95 rose by 29%, to 72,712 rubles per ton, according to data from ...

... over the past week. As reported by Vedomosti, in September, the exchange price of AI-92 gasoline in Russia reached its highest level since the fall of 2023, and the price of AI-95 gasoline reached its highest point since the summer of this year. Prices increased despite government efforts to stabilize the fuel market. In particular, since August 1, Russia reinstated a ban on gasoline exports. The restriction does not apply to shipments under intergovernmental agreements or humanitarian supplies. ...

... planned budget deficit for 2024, which is 3.3 trillion rubles. However, oil producers still cannot keep gasoline prices in line with inflation, which marks a key difference between the current fuel crisis and last year's. Last year, the trigger for the price increase was the Finance Ministry's attempt to "halve" the damper, after which oil producers, in order to compensate for losses, raised exchange prices, which prompted the regulator to impose a temporary export ban and return to previous rules....

... the halving event. The principal factor behind the revenue growth for miners was the strong upward trend in Bitcoin prices. In July, the value of the leading cryptocurrency briefly surpassed $120,000, breaking the historical maximum. This significant price increase boosted the dollar revenues from each mined block, partially offsetting the effects of the reward reduction. Halving Consequences: Revenues Below Previous Levels Despite record revenues in July, mining profitability remains significantly lower ...