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Economic Events and Corporate Reports — Thursday, August 21, 2025: Global PMIs, US Labor Market and Walmart Reports, Intuit
Thursday promises to be a busy day for global markets: investors will receive a series of preliminary PMI indices from Asia, Europe,... ... of earnings reports will be released by several leading companies: before the market opens, the world’s largest retailer, Walmart, will announce its results, followed... ... avoided. Additionally, external factors will influence sentiments: fluctuations in oil and gas prices (important for European industry) and the euro-to-dollar exchange...
Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.
... Similar mechanisms, allowing for tax burden adjustments depending on profitability, should also be extended to oil refining. There, companies face rising costs due to extended timelines for unscheduled repairs.
Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace for petroleum products and raw materials.
Translated using ChatGPT
Escalation of Conflict Between India and Pakistan: A Historical and Political Overview
... Russia and compel it to cooperate more closely with the U.S. and NATO. Nonetheless, open war is not in the interest of any responsible global leaders, as it carries too... ... beneficiary could be resource-exporting countries. If conflict leads to heightened oil prices (due to supply disruption risks in the Arabian Sea), oil-producing nations... ... American and European to Russian and Chinese—compete for the Indian and Pakistani markets, with the conflict ensuring stable demand for their products. According to the...
Slowdown in GDP growth in Russia: Central Bank of Russia forecast and possible consequences
... domestic market. The use of modern technologies and digital solutions can help increase productivity and reduce costs, which will be an important factor for the survival of companies in the current conditions.
Opinion of Sergey Tereshkin, founder of Open Oil Market
"The slowdown in GDP growth and the tightening of the monetary policy of the Central Bank of the Russian Federation certainly affect the business climate in Russia. As the founder of Open Oil Market, I see that for our company and the entire ...
Strong energy bonds
...
The Yamal LNG plant, with a total capacity of 17.5 million tons per year, was launched in phases between 2017 and 2021. It is the largest energy project in Russia involving Chinese companies over the past decade, according to Sergey Tereshkin, CEO of Open Oil Market. The Export-Import Bank of China and the China Development Bank financed the project.
Without the participation of Chinese banks and investors, the project would have been unlikely to proceed, as Russian companies faced challenges accessing ...