Found: 273

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... shows that Russia is striving for maximum autonomy in the financial sector. This will have a positive impact on the country's investment attractiveness, because having its own currency exchange demonstrates the independence and stability of the economy.... ... purchase of the Saint Petersburg Currency Exchange is a step towards economic independence, and I am confident that in the near future we will see additional measures to support businesses and entrepreneurs that will help the economy become more sustainable ...

The share of oil and gas revenues in the 2024 budget is growing beyond the planned levels.

... export duties. However, these are reduced by the amount of reverse excise payments to oil companies, factoring in damping and investment premiums. The largest share of oil and gas revenues comes from MET collections. In 2022, MET accounted for 71.7% ... ... 1.1 trillion rubles, while export duty revenues fell by 23.2% to 290.2 billion rubles due to declining export gas prices. Future Trends in Oil and Gas Revenues For 2024, the share of oil and gas revenues in the budget may exceed the planned level ...

Trade Wars: What Investors Should Worry About

... decrease in value could exceed 10%. However, changes may not only affect the stock market. Trade wars adversely impact overall investment strategies primarily due to rising risks. If a negative scenario unfolds, the U.S. economy could slip into recession,... ... elections next year. Consequently, all energies are being focused here, while China does not seem to share the same urgency. Future Prospects Specialists recommend that investors closely monitor the developments of the trade war. If the worst-case scenarios ...

Monday, December 9, 2024: Analysis of Key Events and Reports

... of China’s monetary policy, affecting financial markets worldwide. 19:00 (MSK): USA – Consumer Inflation Expectations for November The New York Federal Reserve’s report on consumer inflation expectations will indicate how U.S. households view future price growth. Elevated expectations may increase market speculation of further Federal Reserve interest rate hikes, potentially strengthening the dollar and influencing bond yields. Central Bank Speaker: Ramsden (UK) Dave Ramsden, Deputy Governor ...

Current Situation: The USA Aims to Capture up to 70% of the European Energy Market

... previously promised 30%. In return for the reduced tariff, the EU agreed to allow duty-free imports of U.S. goods, increase investments in the country to $600 billion, and guarantee demand for military equipment and energy resources. Regarding energy ... ... instability in decision-making and, essentially, economic leverage should influence European countries as well. I foresee that in the future, the EU may abandon such an unstable and coarse partner, but not tomorrow, rather in the medium term,” the expert opines....