....9%. Friday, December 13 UK: GDP Data (October) (10:00 MSK) British economic growth indicator, especially under inflationary pressure and high interest rates. Eurozone: Industrial Production (October) (13:00 MSK) Data will help assess the industrial sector's condition in the region. Russia: Q3 2024 GDP Data (19:00 MSK) Updated Russian economic growth indicator under high inflation and sanctions pressure. Baker Hughes Data on Active Oil and Gas Rigs (20:00 MSK) Decrease or increase in drilling rigs ...

... Russia, this could be an opportunity to strengthen its international economic ties and reduce dependence on the dollar in trade relations. A weakening US currency could also have a positive effect on Russian export revenues, especially in the commodity sector. Other countries, especially those that hold significant dollar reserves, could also feel the effects of Trump's new measures. For example, China, as one of the largest holders of US debt, may reconsider its policy if there is a risk of a sharp ...

... way to bolster its prestige. Similarly, in Pakistan, military leadership and associated political forces benefit from the conflict: it justifies existing power structures (the military’s special role), ensures a flow of resources into the defense sector, and distracts the population from problems for which elites are responsible. Pakistani generals traditionally enjoy huge confidence, manage a vast network of commercial assets, and receive up to 20% of the national budget for defense needs—naturally,...