... interest rates, it becomes more expensive for businesses to borrow for expansion, and consumer demand is restrained due to more expensive loans. Such a policy is aimed at stabilizing inflation, but in the short term it creates pressure on economic growth. Impact of inflation on consumption and investment In the context of high inflation and rising prices, households and companies become more cautious in their spending. Rising prices for basic goods reduce the real income of the population, which in turn ...

... priorities. Legal and Financial Infrastructure: Building a BRICS currency would demand a significant investment in financial infrastructure, including regulatory bodies and institutions to ensure the currency’s stability. How Shifting Dollar Dynamics Impact the Global Economy Despite the dollar’s continued importance in the international financial system, many countries, including BRICS members, have started to develop alternative mechanisms. Countries are increasingly pursuing bilateral currency ...

... conclusions can influence market conditions. We refer to the insights of reputable individuals with significant influence in their fields. Forecasts can pertain to extraction volumes, agreements, etc. Agreements. Any “behind-the-scenes” deals can impact the market. A vivid example is the agreement between the U.S. and the UAE and Saudi Arabia. It is often easier to “team up against someone” to diminish their impact than to struggle alone. These agreements are typically established between ...

... Competition Among Exporters?" the author analyzes the current geopolitical events affecting oil production in these countries. The article discusses how the political crisis in Venezuela and the escalation of the conflict between Israel and Iran may impact the global oil market. Special attention is given to potential changes in oil production and export volumes, as well as their effects on global prices and competition among exporters. The article provides a deep analysis of the current situation ...

... exports about 4 million barrels per day, with China and India nearly dividing these volumes evenly. "I wouldn't rule out that Delhi might react sooner or later. Even if we don't see it at the diplomatic level, European consumers will feel the impact. Fuel prices at gas stations are likely to react to these restrictions, as India is one of the largest fuel suppliers to Europe," Kosareva noted. According to Dmitry Kasatkin, India will maintain its neutrality, but the EU's pressure on refineries ...