... to: Rapid technology adoption. Chinese companies are unafraid to experiment, allowing them to shorten product development cycles. Cost-effectiveness. China offers competitive prices without compromising on quality, making its products attractive for export. Government support. Subsidy programs for electric vehicles and investment in infrastructure play a crucial role in developing the industry. Lessons for Germany Volkswagen's leadership acknowledges that the German automotive industry, long a leader ...

... and the pipeline will be fully operational by 2028. The plan is to deliver Russian oil via a new route through the Druzhba pipeline, transiting through Hungary directly into Serbia. Previously, Russia supplied oil to Serbia by sea. "Gazpromneft exported oil via the port of Novorossiysk to Croatia, where the oil was unloaded and then sent through a direct pipeline to the Serbian oil refinery owned by NIS. However, the sixth package of anti-Russian sanctions, effective from December 5, 2022, has ...

... out by the 'shadow fleet,' which will disregard European sanctions." Concerns also arise regarding the price cap, according to Shevyrenkov from IEF. "It is stated that it will be reduced to $47.6 per barrel, which is unfavorable for Russian exporters, but does not fundamentally change the situation regarding export flows," he says. Ban on Products from Russian Oil Most of the announced sanctions measures will be difficult to administer, believes Sergey Tereshkin, CEO of the Open Oil ...

... with multiple suppliers,” explains Yushkov. However, that panic has long passed, sanctions have been clarified, and Europeans are buying Russian gas through the remaining routes – via Ukraine and the Turkish Stream. In September 2024, Gazprom's exports to the EU reached 101 million cubic meters per day, of which 58 million cubic meters were transported via Turkish Stream, with the remaining volumes going through Ukraine. “Now, for Russia, this gas hub has become purely a matter of image....

... 00:05 MSK. Expected change: +9.1%. Planet Labs PBC (PL): report at 00:05 MSK. Expected change: +13.7%. Toll Brothers Inc (TOL): report at 00:30 MSK. Expected change: +4.6%. Tue sday, December 10 China: Global Trade Data (November) (06:00 MSK) China's export and import statistics reflect the state of global demand and supply. Results will be important for assessing global economic prospects. Australia: Central Bank Rate Decision (06:30 MSK) Markets expect comments on the state of the Australian economy,...