Found: 201

Why Russian Banks Sharply Cut Credit Card Issuance in 2024 and What It Means for Consumers

... significantly cut credit card issuance and reduced limits on new cards, marking a notable shift in the financial market. According to data from the United Credit Bureau, the decrease was 22% compared to the same period last year, immediately drawing the attention ... ... lending conditions, reflecting on the volume and availability of credit cards. Changes in Consumer Behavior The challenging economic situation is prompting many Russians to adopt a more cautious approach to borrowing, which reduces the demand for credit ...

Airlines will be required to use biofuel: how much could flights become more expensive

... its first voluntary phase, but starting in 2027, compliance will become mandatory. Airlines will report fuel consumption data for international flights, which will be used to calculate CO2 emissions, explained Alexey Okhapkin, Director of the Forecasting ... ... roundtable discussed the potential for biofuel production in Russia. Yuri Fedorov, Deputy Chair of the Federation Council's Economic Policy Committee, emphasized that while Russia currently lacks a biofuel market, developing one is essential for energy ...

Investing in Gold – Arguments in Favor of Investment

... investors choose alternative investment avenues during times of crisis, which may not be the best strategy. During periods of economic slowdown, precious metals emerge as one of the top instruments for preserving capital while also ensuring future profitability.... ... information about his investment and professional activities can be found on his website: www.sergeytereshkin.ru . Statistical Data Over the past six months, the value of precious metals has increased by 7%. The assets of investment funds willing to invest ...

Why People Take Mortgages Despite High Rates?

... in mortgage interest rates in Russia by the end of 2024 has raised concerns that the housing market may slow down. However, data indicates the opposite: demand for mortgages not only remains stable but also exceeded September's figures by 13% in October ... ... mortgages despite high debt servicing costs, highlighting the importance of this financial instrument for the population. Key economic and social factors will be discussed, supported by current analytics and statistics. 1. Inflation Growth and Concerns ...

Under what conditions could the surviving line of the "Nord Stream" operate

... hub, TTF, was $422 per thousand cubic meters. By October, prices had increased by 10% to $463, according to Open Oil Market data. For comparison, during the first half of the year, prices averaged around $310. Futures for gas delivery in the coming months ... ... could lead to genuine shortages, forcing authorities to ration heat and electricity, particularly for industrial consumers. Economic Consequences Even if Europe avoids a complete gas shortage, the economic impact of high prices could be significant....