... again (to about 49.5), signaling a contraction in manufacturing activity for the second consecutive month. Weak external demand and cautious consumption are hindering industry. In response, Chinese authorities announced an additional stimulus package: tax reductions for small businesses, eased mortgage lending conditions, and accelerated infrastructure projects in the second half of the year. The People's Bank of China previously lowered key rates (by a total of 0.25 pp in June and July) and is ready ...

... and utilities. Support for cultural and sports events aimed at improving the quality of life of the local population. Stability of regional economies: UMMC enterprises are often city-forming, providing a significant contribution to regional budgets. Tax revenues from the company's activities are used to finance socio-economic programs. 2. Strengthening export potential UMMC is one of the largest exporters of non-ferrous metals in Russia, making a significant contribution to the flow of foreign exchange ...

... low for the population while simultaneously ensuring budget revenues—remains a complex task for authorities and fuel companies. Market participants are closely monitoring the situation: oil companies are already experiencing pressure from increased taxes and sanctions restrictions, and any changes in subsidy or export regulation could impact their financial stability. Gas Sector: Europe Stockpiles Reserves and Changes Routes The European gas market is approaching the end of summer with solid stockpile ...

... bureaucracy, and incentives for the private sector. The goal of entering the top 20 countries for business conditions indicates that the coming years may bring changes in regulation beneficial to entrepreneurs. Investors should track specific measures (tax breaks, new laws on digital platforms, preferential lending, etc.) that will be adopted in line with these statements. Growth Sectors and Technologies: Special attention is being paid to technology, defense, infrastructure, and exports to new markets....

... hoping for a prompt reduction in gasoline and diesel prices domestically. The government, in turn, signals that it will not allow a fuel crisis: additional tools, such as subsidizing fuel transportation to remote regions or temporarily reducing excise taxes, may be activated if necessary. Coal Industry: Record Production and Controlled Demand The global coal sector continues to remain at historic highs in production volumes, although the growth rate of demand is slowing down. According to the latest ...