... economic and geopolitical conditions. Implications for the Economy and Population Inflation The depreciation of the ruble increases the cost of imported goods, leading to rising prices. This is particularly evident in food, household appliances, and pharmaceuticals. Household Incomes The real purchasing power of citizens is decreasing. This is particularly felt by those whose income is pegged to the ruble while expenses are tied to foreign currencies. Business Companies dealing with imported goods ...

... capital. The development of green technologies to achieve carbon neutrality goals by 2030. Healthcare The pandemic has heightened interest in medical innovations: Biotechnology and digital health demonstrate rapid growth. The importance of investments in pharmaceuticals to address global challenges such as an aging population. Alternative Investments Infrastructure: Investors are seeking stable income from long-term projects related to renewable energy. Private Capital: The popularity of venture capital ...

... is expected in 2025, linked to uncertainties in monetary policy. Sectors showing resilience include: Technology, particularly in artificial intelligence and automation. Green energy and sustainable development. Healthcare, including biotechnology and pharmaceuticals. Bond Market Long-term bonds remain under pressure due to expected rate increases. Investors seek safe-haven assets such as U.S. government bonds and gold to mitigate risks. Commodity Markets Energy: Oil and gas prices remain volatile ...

... decline. UBS Global Wealth Management no longer recommends purchasing sovereign bonds of developing economies with stable currencies. Experts recommend investing in telecommunications and similar sectors. It is advisable to abstain from investing in the pharmaceutical industry and the innovation sector for now. However, investors are concerned not only about strategy. They are also awaiting responses to additional tariffs imposed by the U.S. on products from China. Last autumn, the Chinese government ...

... inflation. Particular interest lies in renewable energy and digital infrastructure projects that receive support from governments and international organizations. Equity Diversification Stocks of companies involved in sustainable technologies, IT, and pharmaceuticals maintain high growth potential. Simultaneously, stocks in defensive sectors, such as consumer staples, offer stability amid high market volatility. Gold and Commodity Assets Gold, traditionally viewed as a safe-haven asset, is once again ...