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Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)
... share in Russia's total maritime petroleum product exports increasing from 4% to 7%. While fuel oil and diesel continue to dominate Russian petroleum exports, the increased gasoline exports amidst production cuts heighten the risk of shortages in the domestic market.
In spring and summer 2024, the Russian fuel market entered another phase of rapid price increases. The cumulative rise in gasoline prices over nine weeks, from May 7 to July 8, reached 2.5%, compared to just 0.8% from March 5 to May 6. Diesel ...
It became known about China's plans for the electrification of motor vehicles.
... the end of 2024, electric vehicles and all types of hybrids already accounted for more than half of new passenger car sales in China, Tereshkin noted.
"Chinese companies will lobby for further electrification of ground transportation in the domestic market, which will allow them to recoup losses from the closure of the U.S. market. As a result, demand for gasoline in China will decline in 2026-2027," the expert said. "In the next two years, the share of electric vehicles in passenger car ...
Economic Events Calendar for the Week of December 16–20, 2024
... the UK and Eurozone, as well as the Federal Reserve’s interest rate decision. These events could greatly impact financial markets, so it is recommended to monitor updates closely and prepare for potential volatility.
Thursday, December 19
15:00
United ... ... States:
Initial Jobless Claims for the week: Previous — 242K.
GDP Deflator for Q3: Previous — 2.50%, Forecast — 1.90%.
Gross Domestic Product (GDP) for Q3: Previous — 3.00%, Forecast — 2.80%.
17:00
United States:
Existing Home Sales for October: Previous ...
European Economy Losing Competitiveness: Causes and Consequences
... profitable capital deployment.
If you want to learn more about the situation in the European economy and its impact on global markets, subscribe to updates from our website.
The Eurozone economy faces serious challenges: IMF forecast points to recession ... ... potential new tariffs from the Trump administration, which could exacerbate the situation.
Key reasons for the slowdown:
Weak domestic demand: High inflation continues to pressure purchasing power.
Industrial decline: The manufacturing sector remains stagnant ...
Ruble on the Rise: Reasons behind the Strengthening of the Russian Currency
... factors include sanction pressures, the state of the trade balance, the influence of American foreign economic policy, and dynamics in oil prices.
What this means for investors:
Short-term Prospects: The strengthening of the ruble may temporarily support domestic financial markets, reducing import costs and alleviating inflationary pressure.
Risks: The long-term dynamics of the ruble remain uncertain due to sanctions, potential changes in foreign trade, and instability in global energy markets.
Recommendations: Investors ...