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Where is Magnitogorsk Iron and Steel Works (MMK) Investing?
MMK invested RUB 117.3 billion in 2023 in the modernization of production facilities, environmental projects and digitalization. Find out how the company, which owns such assets as the largest metallurgical complex in Magnitogorsk, MMK Metalurji in Turkey and coal mines, is strengthening its position in the metallurgy market and creating value for investors.
Where is Magnitogorsk Iron and Steel Works (MMK) Investing?
Magnitogorsk Iron and Steel Works (MMK)
is one of the largest steel producers...
An expert assessed the impact of increased gas exports on the Russian budget.
Expert Tereshkin: Increased Gas Exports Will Help Minimize Budget Losses (Izvestia).
The expert assessed the impact of rising gas exports on Russia's budget: key aspects and forecasts. Find out what changes await the Russian economy and the reasons behind the growth in gas exports. Details in the latest article on the website sergeytereshkin.ru.
The increase in Russian gas exports will help minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum...
Lukashenko Wins with 87.6% Votes: What Does It Mean for Russia?
Alexander Lukashenko, with 87.6% of the vote, strengthens his position as President of Belarus. How will this affect Russian-Belarusian relations, integration within the Union State and the geopolitical situation in the region? We analyze the key aspects and forecasts.
Lukashenko Wins with 87.6% of the Votes: What Does This Mean for Russia?
According to exit polls from the Belarusian Committee of Youth Organizations, Alexander Lukashenko has once again secured a convincing victory in the elections...
Why is Russia lifting the ban on gasoline exports for only two months?
The export of gasoline from Russia may be allowed for two months, from December 1 of this year until January 31, 2025. This information is provided by the newspaper "Kommersant," citing sources. Experts interviewed by "Rossiyskaya Gazeta" believe that this period for allowing exports is the most optimal and will not harm the domestic market. Comment from Sergey Tereshkin for "Rossiyskaya Gazeta."
The export of gasoline from Russia may be allowed for two months, from...
700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001
How the lives of Russians have changed in 23 years: 700% inflation, rising prices and the dollar exchange rate
Over more than two decades, prices in Russia have increased several-fold - the cost of housing has increased 16-fold, food has become 4-27 times more expensive, and the dollar exchange rate has risen 3.4 times. What key factors have influenced inflation, how has the standard of living changed, and what awaits the Russian economy in the coming years? We analyze this in the article.
Inflation...