... cubic meters per day. According to him, the ability of the Russian budget to minimize losses from the gas sector will largely depend on the further dynamics of gas exports to Europe. "According to the draft federal budget, mineral extraction tax (MET) revenues from gas will decrease by 440 billion rubles in 2025, amounting to approximately 1 trillion rubles. The main reason is the expected cancellation of the MET surcharge on gas of 50 billion rubles per month, which Gazprom has been paying ...

... since the EU imposed an embargo on maritime supplies of petroleum products from Russia, yet the government continues to use Rotterdam hub quotes to calculate subsidies for the damper mechanism. If the Rotterdam quotes exceed the threshold set in the Tax Code for AI-92 gasoline and diesel fuel, oil companies receive payments from the budget. Otherwise, the oil companies contribute to the budget. The last time oil companies contributed to the budget was in February 2021, after which payments have ...

... economy relies heavily on support from Moscow. Low energy prices, loans, and joint projects remain key factors in the relationship between the two countries. Lukashenko's victory may lead to: Deepening economic integration, including coordination of tax policy and banking regulation. Discussions about new credit lines for Belarus in light of international sanctions. Potential strengthening of the role of Russian companies in Belarusian sectors, such as energy and industry. Geopolitical Significance ...

... although there was a decrease in profitability amid an increase in interest expenses. Explanation of key indicators: Net profit (RUB 1 billion): Meaning and impact: Net profit reflects the company's financial result after deducting all expenses and taxes. The increase in interest expenses, caused by both internal and external factors, affected the final profit, reducing its growth rate. This circumstance is important for investors, since net profit affects dividend payments and the overall financial ...

... Developing countries, particularly the Mexican peso and Brazilian real, are expected to face significant pressure. Outlook for Major Economies United States: GDP Growth: 2.0% in 2025 (down from 2.7% in 2024). Inflation: 2.6% in 2025. Policy: Ongoing tax cuts and encouragement of domestic investments. Eurozone: GDP Growth: 0.9%. Continued easing of rates by the European Central Bank is anticipated to support the economy, although it will not mitigate the impacts of American tariffs. China: GDP Growth: ...