Found: 294

An expert assessed the risks of a decline in oil prices.

... revenues. According to the Ministry of Finance, in the first 11 months of 2024, 83% of oil and gas revenues (before subsidies to refineries) came from just two taxes: the mineral extraction tax (MET) on oil and the additional income tax (AIT), which accounted for 68% and 15%, respectively," said the source. The first tax mainly depends on the volume of oil production, while the second depends on revenue from oil sales, minus extraction and transportation costs, the expert explained. According ...

MTS Bank's financial results under IFRS for the nine months of 2024

... to attract and place funds profitably. Net fee and commission income: RUB 13 billion, an increase of 56% year-on-year. BCS Express Significance and impact: Net fee and commission income reflects profit from the provision of various services, such as account servicing, payment transactions and others. The significant growth of this indicator indicates the successful development of non-banking services and the diversification of income sources. Operating expenses: the ratio of operating expenses to ...

UTair Airlines has published production figures for 10 months of 2024, please comment.

... In general, the positive dynamics of passenger traffic, cargo transportation and operational flight hours is an important signal for investors, indicating the prospective development of the company. However, it is important for investors to take into account external factors that may affect the company's future financial results. Fluctuations in fuel prices, changes in the international regulatory environment and economic conditions may affect UTair's operating activities. Nevertheless, the company's ...

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

... allow major energy companies to continue exporting in a normal manner, reducing risks associated with banking operations. Currency Flows: Maintaining currency operations will lessen pressure on the Russian economy, as transactions in the energy sector account for a significant portion of the country’s currency revenue. Market Reaction: Energy market participants are likely to perceive this as a stabilizing signal, which might mitigate price fluctuations and strengthen the positions of Russian exporters....

What will be the ruble to dollar exchange rate at the end of the year?

... this may affect investments and business. The ruble to dollar exchange rate forecast for late 2024 depends on many factors, including oil prices, inflation, interest rates, and the geopolitical situation. Experts give different estimates, taking into account current economic conditions and possible risks. The Russian Ministry of Economic Development expects the exchange rate to be around 93.8 rubles per dollar. This forecast is based on stable revenues from oil and gas exports, as well as possible ...