Found: 82

The History of Valentine's Day and Why It's Not Favored in Russia

... Many Russians view Valentine's Day solely as a commercial holiday created to boost sales of souvenirs, flowers, and sweets. An alternative holiday. Russia has its own holiday dedicated to love and fidelity—the Day of Family, Love, and Fidelity, celebrated ... ... cities, themed parties, promotions in shopping malls and restaurants, and events dedicated to this day are popular. Couples exchange cards, flowers, sweets, and spend time together. However, a significant part of society, particularly in the regions,...

Investing in Currency: Where to Buy US Dollars and Euros

... also to grow capital. This approach helps avoid financial losses during significant devaluation of the national currency as well as inflation. The first thought that comes to an inexperienced individual’s mind is to purchase dollars at a currency exchange point. However, this is not the most profitable option. There are various alternative methods that allow one to save money, with the primary one being online purchasing. When choosing this method, it’s crucial to understand the nuances of currency acquisition. To avoid mistakes and thoroughly understand the issue, one can ...

Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports

... increased; the government is utilizing the damping mechanism more actively—it limits excess profits from fuel exports. If the alternative export price significantly exceeds the baseline indicative price, budget payments to oil companies are reduced, decreasing ... ... motivates producers to saturate the domestic market. Simultaneously, there are plans to raise mandatory sales norms for fuel on the exchange (above the current 15% of production volume for gasoline) to increase the supply in the exchange segment and mitigate ...

Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications

... putting additional pressure on the ruble. Forecasts for 2025 Reuters Forecasts the dollar exchange rate to be between 100 and 108 rubles by the end of 2025. Ministry of Economic Development of the Russian Federation Estimates the average annual ruble exchange rate in 2025 at 96.5 rubles per dollar. Alternative Scenarios Some experts suggest both further weakening of the ruble to 120 per dollar and strengthening below the 100 ruble mark in the event of improved economic and geopolitical conditions. Implications for the Economy and Population Inflation ...

The export ban has slowed the growth of exchange prices for gasoline.

... revenues go to regional budgets and 25.1% to the federal budget. Adjusting the federal share could provide room for reform. Alternatively, restricting diesel exports may temporarily curb gasoline price hikes. However, Gusev warns this approach could ... ... reducing diesel production, which far exceeds domestic consumption. Instead, he advocates increasing AI-95 production and revising exchange trading regulations. Tereshkin also emphasizes reducing operational costs, such as railway transportation fees for ...