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Tuesday, November 12, 2024: Key Economic Events for Investors
... critical indicators of consumer sentiment and spending patterns. Emerging market updates from Brazil and India on retail and industrial output will also be in focus, as they signal growth trends in these key regions. Stay informed on the potential market ... ... growth trends in the UK, influencing inflationary pressures and consumer spending. Rising wages suggest consumer purchasing power, supporting the pound and boosting sectors reliant on domestic consumption. Weak wage growth may lead to concerns about ...
Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
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Alternatives: Electricity and Renewable Energy Sources
The latest spike in traditional fuel prices raises the question of alternative solutions in the energy and transportation sectors. One approach is **the electrification of transport**. Electric vehicles powered by the grid can partially reduce dependence on gasoline. In countries with expensive gasoline, the transition to electric vehicles becomes a popular cost-saving strategy for citizens and companies. However, in Russia, the electric vehicle fleet ...
Why Does Business Need Authority in Managing Monetary Policy?
... constraints in attracting the funds necessary for project development and supporting ongoing operational activities. This is especially relevant for strategic sectors and large-scale projects that require significant capital investments.
Transferring some powers to the government would enable it to verify whether the main parameters of monetary policy align with the goals set at the state level. These goals include not only stable socio-economic development but also strengthening national sovereignty, ...
An expert explained how the situation around the GIS "Sudzha" will affect Europeans.
... level took effect, will play a role. The effect of savings was noticeable this year as well.
According to Ember, electricity demand in the EU increased by 9 terawatt-hours (TWh) in the first half of 2023, but at the same time, generation at gas-fired power plants decreased by 29 TWh during the same period. The lost volume was fully compensated by an increase in generation from wind, solar, nuclear, and hydropower plants.
Finally, gas savings in energy-intensive industrial sectors will also have an effect. One sign of this savings is the PMI Manufacturing index for the eurozone, which has remained below the 50-point mark (the boundary of recession in manufacturing industries) since July 2022. In July 2024, the ...
Slowdown in GDP growth in Russia: Central Bank of Russia forecast and possible consequences
... cautious in their spending. Rising prices for basic goods reduce the real income of the population, which in turn limits purchasing power. Inflation also leads to higher costs for companies, especially for imported raw materials and equipment, which restrains ... ... government spending
Due to the current geopolitical situation, Russia has increased spending on defense and support for strategic industries, which limits the ability to finance other sectors. These changes in the spending structure create an imbalance in ...