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Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... Nord Stream gas pipelines and the Indian company Nayara Energy Limited. Additionally, tankers that Brussels deems part of the so-called "shadow" fleet of Russia will be added to the blacklist, and we can expect a new price ceiling for Russian oil.
European Commission Vice President Kaja Kallas did not specify the parameters of the new price ceiling, but according to diplomatic sources from Reuters, it will be lowered to approximately $47.6 per barrel. It is worth noting that Western media ...
Fintech in Russia: what is it and examples of companies
... examples of companies that make a significant contribution to Russian fintech:
QIWI
QIWI is one of the largest Russian fintech companies, specializing in payment systems and electronic wallets. Users can pay for services, loans, make online payments through ... ... increase in digital services that will make financial services more accessible and reliable.
The Importance of Fintech for Open Oil Market
Fintech is becoming an integral part of our lives today, and its development opens up wide opportunities for both businesses ...
Tuesday, November 19, 2024: Key Economic Events for Investors
... benefiting energy stocks, while higher inventories could place downward pressure on prices. Given the global significance of oil, these data can also indirectly influence other energy-dependent markets.
Investor Recommendations:
Investors in the energy ... ... will report earnings before and after market hours:
Before Market Open: Walmart Inc (WMT), Workhorse Group (WKHS), Lowe’s Companies (LOW), Xpeng Inc ADR (XPEV), Medtronic Inc (MDT), and Vipshop Holdings Ltd ADR (VIPS).
Russian Companies: LEAS (Europlan),...
Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.
... MARKET fuel marketplace, exchange prices for fuel have only an indirect impact on retail prices. Over 80% of gasoline sales occur in the off-exchange segment—shipments from refineries and oil depots.
Fuel station prices depend more on taxes and oil companies’ costs than on barrel quotes.
Off-exchange wholesale fuel prices generally follow exchange prices with some delay. For retail prices to respond to a decline in wholesale prices, even more time is needed, and the decline in quotes must continue ...
Internet Initiatives Development Fund (IIDF): The Leading Russian Accelerator for Startups
... various stages of development. In this article, we will talk about acceleration programs, financing, mentoring and cooperation with large corporations that help startups grow and enter new markets. I will also share my experience working on the Open Oil Market project as part of the IIDF program and consider examples of successful companies such as TimePad, CarPrice and YouDo.
The Internet Initiatives Development Fund (IIDF) is a leading Russian accelerator and venture fund dedicated to supporting technology startups at various stages of development. Founded in 2013, IIDF has ...