... devaluation. Devaluation greatly affects the purchasing power of citizens and the country's economy. Why does devaluation happen? Devaluation can occur for various reasons. Here are the main ones: Economic instability: When a country experiences economic difficulties, such as high inflation, political or geopolitical crises, the state's foreign exchange reserves can decrease, and the demand for the ruble falls. Low prices for export goods: Russia, as an exporter of oil and gas, is faced with the fact ...

... giants Mercedes-Benz, BMW, and Volkswagen are encountering major financial risks. Some analysts warn of potential bankruptcy, raising questions among investors: how far could these problems go, and is it wise to invest in these companies now? Financial Difficulties and Declining Profits Recent financial reports from German automakers show a worrying decline in performance. Specifically: Mercedes-Benz reported a 64% drop in profits to €1.2 billion, with profitability plummeting from 12.4% to 4.7%—its ...

... important to remember that a financial safety net is not an investment or funds for large purchases. It is specifically a reserve intended for emergencies. Why is it Important to Have a Financial Safety Net? Protection Against Unforeseen Expenses. Financial difficulties can arise at any moment, and a safety net allows you to address them without resorting to loans or credit. Stress Reduction. Knowing that you have a reserve of money for emergencies provides a sense of security and reduces anxiety. The Ability ...

... care of it and not to spend it on trifles. If any question arises, it must be answered objectively. If there is any problem, it must be solved efficiently and quickly. What was the most difficult thing on your way to success? How did you overcome these difficulties? Success has not been achieved yet as I see it. We are still striving for it. The most difficult thing is to move forward. Even if it hurts and you are afraid of it and you want to leave the race. You should rise and overcome difficulties ...

... waste it on trivial matters. If there's a question, you need to answer it substantively. If there’s a task, it needs to be solved effectively and quickly. What has been the most difficult part of your journey to success? How did you overcome these difficulties? Success, in the form I see it, has not yet been reached. We are still striving for it. The hardest part is not stopping. Even when it hurts, when you're scared, when you want to quit. You have to get up and overcome difficulties as they ...