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700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001
... have influenced inflation, and what can we expect in the future?
Key Inflation Indicators Since 2001
Average annual inflation: 9.1%.
Dollar exchange rate: increased 3.4 times (from 29 rubles to 98 rubles).
Housing prices: increased 16 times.
Tobacco products: price of a pack of cigarettes increased 27 times.
Food products: significant price increase for basic food items.
How Have Prices for Food and Essential Goods Changed?
Product
Price in 2001 (rub.)
Price in 2024 (rub.)
Growth
Eggs (dozen)
...
How Digital Detox Enhances Mental Health
In today's world, gadgets have become an integral part of our lives, but excessive use can lead to stress, anxiety, and decreased productivity. Digital detoxification is a conscious withdrawal from technology for a certain period, which helps restore mental health, improve sleep, and foster in-person communication. Discover how to effectively conduct a digital detox and what practices ...
MTS Q3 2024 Financial Results and What They Mean for Investors
... amounted to 1 billion rubles against the background of increasing interest expenses, and consolidated revenue grew by 15.3%, reaching 180.4 billion rubles. The ecosystem direction also demonstrated success: the number of customers using four or more products increased by 30%. Read about how MTS plans to adapt to changing economic conditions and maintain growth in the article.
Question: What are MTS's financial results for Q3 2024, and what do they mean for investors?
MTS showed growth in several ...
The government has extended the ban on gasoline exports until the end of the year.
...
The idea to extend the measure came from the Ministry of Energy. The proposal implied that the ban would effectively continue through September and October, and for the next two months, an embargo would be in place only for non-producers of petroleum products.
The previous temporary export ban on gasoline was introduced in September 2023.
Market Reaction to the Lifting and Return of the Embargo
In late May, the Ministry of Energy reported that stocks at oil refineries and fuel depots amounted ...
Where does Surgutneftegas invest?
... makes it attractive to investors focused on long-term prospects.
Where Does Surgutneftegas Invest?
Surgutneftegas
Sector: Oil and Gas
Investments in 2023: 265 billion rubles
Investments in 2022: 226.7 billion rubles
Key Investment Directions:
Oil Production and Extraction:
Fields in Western Siberia: Surgutneftegas actively invests in the development and operational management of fields in the Khanty-Mansi Autonomous Okrug, including the Priobskoye and Fyodorovskoye fields. These projects aim to ...