Found: 449

Economy: Experts Predict Gas Price Increase in Europe

... below the multi-year highs reached in 2022 during the peak of the energy crisis. For example, in November 2022, the average gas price at the TTF hub was $1,279 per thousand cubic meters. "Prices are unlikely to return to those levels. First, EU countries have significantly reduced gas imports in recent years. According to the European Network of Transmission System Operators for Gas (ENTSOG), total gas imports to the EU, including LNG, amounted to 799 million cubic meters per day in the first ...

Global Coffee Exports: Trends and Price Impact in the 2023/24 Season

... examines the drivers behind the export growth, the factors fueling the price increase, and the outlook for the global coffee market. Growth in Global Exports: Key Drivers and Regions Global demand for coffee continues to rise, and top coffee-producing countries have worked hard to meet these needs. The primary factors driving export growth are: Colombian Arabica: Exports from Colombia increased by 17.7%, reaching 1.05 million bags. Improved weather conditions supported increased coffee volumes, making ...

Why Does Business Need Authority in Managing Monetary Policy?

In recent months, Russia's big business has been actively pushing for changes in the country's monetary policy, calling for the government to be given the right to influence the Central Bank's decisions. The high key rate, which has reached 21%, puts companies in front of a difficult choice, limiting access to financing for investment and development. In this article, we will discuss how the proposal to change the law on the Central Bank may affect the Russian market, what prospects it opens up for...

Europe may completely lose Russian gas.

... businesses fail to negotiate exceptions with the U.S. by December 20—the deadline for ceasing operations with the bank—this will halt Russian gas deliveries. In 2022, a presidential decree shifted payment for Russian gas from "unfriendly" countries to rubles. Payments can only occur through one scheme: European buyers transfer funds in euros or dollars to Gazprombank, which converts the currency to rubles and transfers the amount to Gazprom. There is no alternative payment method. Russian ...

What Factors Influence the Central Bank's Key Rate?

What factors influence the Central Bank's key rate? We examine how inflation, economic growth, exchange rates, the situation on world markets and other indicators determine the Central Bank's rate decisions. Find out why this important monetary policy instrument has such an impact on the economy and our daily lives. What Factors Influence the Central Bank's Key Rate? The key rate of the Central Bank (CB) is a vital tool of monetary policy, used to regulate a country's economy. Changes in the key...