... where they can receive a guaranteed income. This leads to a decrease in activity on the stock market, as investors avoid the risks associated with purchasing shares at the IPO stage. Problems with company valuation. In conditions of a high rate, the valuation ... ... terms. Company reaction to the rate increase Many companies that planned to hold an IPO in the coming months prefer to "lay low" and wait for more favorable conditions. This is due to a number of factors: Uncertainty in the market. In the context ...

... the range observed in recent months but remain vulnerable to external factors. Gas Market: Record Storage Levels Reduce Winter Risks The European natural gas market continues to rapidly build up reserves ahead of the heating season. According to Gas Infrastructure ... ... August-September. However, if the ban is lifted in the fall, another price surge is not excluded if the root causes of the crisis (low gasoline reserves and maintenance downtimes at oil refineries) are not addressed. The government will need to balance the ...

... These measures are aimed at reducing dependence on Chinese products. In addition, European countries are increasing criticism of low prices for Chinese goods, which also poses a threat to exports. Real Estate Crisis Real estate investment fell by 10.6%, the ... ... severe decline in recent years. Oversupply in the housing market, falling prices, and problems for developers create additional risks for the economy. Demographic Decline In 2024, China's population fell by 1.4 million people. This reduces the labor force,...

... dollar rate will still remain at $1. For investors using USD Coin as a store of value, it is important to remember that the main risks do not lie in fluctuations of the token's price itself, but in possible extraordinary situations—such as technological ... ... temporarily disrupt the exchange mechanism of 1 USDC = $1. However, the likelihood of such developments in May 2025 is assessed as low. The fundamental factors supporting the stability of USDC remain strong: reserve assets are reliable and liquid, global regulatory ...

... The increase in provisioning is linked to borrower pressures due to high rates and economic volatility; the management chose to build an additional safety buffer in advance. Despite the substantial provisions, the level of non-performing loans remains low and is fully covered by reserves – indicating a conservative approach to risk management. Increased provisioning temporarily restrains net profit; however, it simultaneously enhances the long-term stability of the balance sheet. Financial Stability and Tax Burden The financial stability of Sber during the reporting period ...