... Gusev, deputy chairman of the supervisory board of the association "Reliable Partner," noted that the funds collected from excise taxes go to road funds. It is not by chance that when proposals are made to cancel or reduce excise taxes to stabilize retail fuel prices, the Ministry of Finance responds that excise tax revenues are used to build new roads and maintain old ones, Gusev says. Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, notes that ...

... Events Japan Money Supply (October) — Published at 23:50 GMT (November 11) Japan’s money supply data is an indicator of available capital in the economy. An increase signals economic stimulus, potentially supporting the yen and influencing financial stability. Lower-than-expected growth may lead to concerns about liquidity and economic stagnation. 3. U.S. Market Events United States NFIB Small Business Optimism Index (October) — Published at 10:00 GMT The NFIB Small Business Optimism Index measures ...

... crisis. Kotov notes that the Ministry of Finance has repeatedly attempted to change the dampener mechanism to reduce payments. It is likely that the new mechanism will again focus on this goal (though officially, the aim is said to be the additional stabilization of the high-octane gasoline market). As a result, refineries will receive less money, and profitability will decrease, which will lead to further price increases both in wholesale and retail. Tereshkin believes that the mere separation ...

... to foreign assets but with lower risks. These could include, for instance, ETFs linked to foreign company indices or structured products tied to foreign assets. Why Are Restrictions Being Introduced and What Will Happen Next? The Central Bank aims to stabilize the financial system and protect retail investors from unjustified risks. However, this measure is also designed to support the Russian stock market and reduce the outflow of capital abroad. In the coming years, given the restrictions on foreign ...

... assets. Enhanced Resilience and Financial Independence: Both countries can benefit from such financial cooperation, minimizing the impact of international restrictions and sanctions. Investors considering Russian-Iranian projects can expect greater stability in doing business. Acceleration of Investment Flows: Providing the opportunity to conduct transactions through Mir cards will make financing joint projects more convenient and secure, which may, in turn, increase investment volumes and the number ...