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An expert suggested a way to stabilize fuel prices in Russia.
... Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products. Tereshkin also suggested a partial reduction of excise taxes, which would save about 250 billion rubles per year. These steps could help alleviate pressure on retail prices, especially for high-octane fuel, which continues to rise due to infrastructure issues. For more details on the solutions, read the full article.
MOSCOW, September 2 - RIA Novosti....
Economic Events and Corporate Reports - Tuesday, August 5, 2025 - PMI Index and US Trade Balance
... released, showing how tariffs and changes in external demand affect exports and imports. Additionally, the ISM index for the U.S. services sector (17:00 MSK) will provide an assessment of business activity in the largest sector of the American economy.
Ruble Exchange Rate and Currency Market Dynamics
The Russian ruble enters August under the influence of mixed factors. The conclusion of the tax period at the end of July has weakened support for the national currency, and last week the exchange rate ...
Ban on Account Transfers: How the New Law Will Change the Gaming Market
... administrative and criminal liability for the illegal transfer of login data. A new article has been added to the Code of Administrative Offenses (CAO RF) that provides for fines for such actions:
For individuals:
fines ranging from 30,000 to 50,000 rubles;
For individual entrepreneurs:
fines from 50,000 to 100,000 rubles;
For legal entities:
fines from 100,000 to 200,000 rubles.
Additionally, changes have been made to the Criminal Code of the Russian Federation, introducing penalties for the so-called ...
Economic News August 2, 2025 — US Labor Market, Trade Truce, Amazon and Samsung Reports
... However, Asian investors remain vigilant overall: the slowing factor from China, the risks of global recession, and potential new trade disputes (e.g., between the US and China) may temper current optimism in the second half of the year.
Russia: Stable Ruble and Expectations of Further Rate Cuts
For the Russian financial market, the week passed relatively calmly, without shocking upheavals. The ruble, after a short-term weakening following the July decision of the Bank of Russia, is holding steady around ...
Where does the coal holding Elga invest?
In 2023, Elga coal holding invested 99.1 billion rubles in expanding production at the Elginsky deposit, modernizing the enrichment factories and the development of transport infrastructure, including the construction of the Pacific Railway. The company is actively introducing environmental technologies ...