Found: 500

China's Economy in 2024: 5% Growth, Key Successes and Challenges

... manufacturing, and increased demand for Chinese goods. Retail sales up Retail sales rose 3.8%, driven by subsidies aimed at stimulating consumption, particularly in electronics and automobiles. Trade surplus China posted a record trade surplus. However, falling prices for exported goods have been a negative factor, cutting into the profits of many Chinese companies. Challenges Facing the Chinese Economy Despite significant successes, the Chinese economy faces a number of serious problems: Trade Restrictions ...

Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025

... released before market open and which after market close). Monday, August 4, 2025 Key Economic Events: Public holidays in the UK and Canada (Bank Holiday, Civic Holiday) – trading on these exchanges will not take place. 09:30 (Switzerland): Consumer Price Index (CPI) for July. A key inflation indicator in Switzerland that may impact the Swiss National Bank's policy and the franc's exchange rate. 10:00 (Turkey): Consumer Price Index (CPI) for July. Inflation data in Turkey is crucial for assessing ...

Bessent: Europe Purchases Processed Russian Oil from India

... and reduce regulatory arbitrage arises. Discount Economics and Margins Raw Material Discount: Russian oil is sold at a differential to Brent/Dubai, covering long logistics. GRM of Indian Refineries: The spread between the cost of barrels and product prices remains attractive. European Diesel Shortage: Sustains premiums for middle distillates and demand for imports. The result is a stable "circle economy": India achieves high refinery utilization, Europe receives finished products, and Russia ...

How is Open Oil Market changing the approach to buying fuel?

... deals were less profitable. Open Oil Market has introduced a transparent pricing system, where every buyer and supplier can see all the pricing details in real time. Thanks to this, companies get the opportunity to objectively assess the market, compare prices and choose the most profitable offers based on up-to-date data. Transparency in pricing helps to create fair competition among suppliers, stimulating them to offer the best conditions, which ultimately benefits all participants on the platform....

The Harshest Package: What the New EU Sanctions Mean for Russia

... Forbes believe that the severity of these sanctions is offset by the complexity of monitoring their enforcement. According to a press release from the EU Council, the 18th sanctions package includes a “dynamic reduction” of the cap on Russian oil prices from the current $60 to $47.6 per barrel and introduces “an automatic dynamic mechanism for adjusting the price ceilings on oil and ensuring their effectiveness.” Reuters reports, confirmed by the Estonian Ministry of Foreign Affairs, that ...