... coal from Kemerovo to new markets due to the long transport distances," explains Igor Yushkov. "Redirecting coal exports from China to other markets will be difficult. On the one hand, China is the world's largest coal importer, with a global share of 29% in 2023, and no other country currently has a comparable internal market. On the other hand, neighboring India is also focusing on developing 'clean' energy: Prime Minister Modi has repeatedly stated plans to increase renewable energy ...

... pressures and anticipate potential shifts in central bank policies. In Europe, industrial production data from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s oil inventory report in the U.S. will be pivotal for energy markets. These indicators could set the tone for markets across sectors — stay informed with Open Oil Market! Wednesday, November 13, 2024: Key Economic ...

This week’s economic calendar offers a comprehensive overview of critical global and Russian financial events, including influential economic data releases, central bank speeches, and major earnings reports from both U.S. and Russian companies. With the G20 Summit, inflation data from major economies, and several high-impact ...

... hydrocarbon supply sources. Increased Diplomatic Pressure: New sanctions and political measures against Russia from Western countries may be on the horizon. International Community Reaction In light of this incident, experts anticipate varied reactions from global leaders and organizations. It is likely that emergency sessions will be convened by the European Union and other entities focused on energy security issues in the near future. Conclusion The events surrounding the damage to the Druzhba pipeline ...

... inflation. At the same time, the GfK consumer confidence index in the UK dipped slightly (to -19 points from -18 in June), reflecting continuing household caution. A key theme in Europe remains international trade relations. In light of new challenges in global trade, an increasing number of companies mention the impact of tariffs and barriers in their reports. The focus is on negotiations between the USA and the European Union. President Donald Trump's administration has intensified its rhetoric concerning ...