... money due to dishonest partners. Later, I decided that in our resource-based country, the most promising area is working with raw materials. I joined a fuel company to get a better understanding of the industry and the market. In 2014, I left it and, together ... ... because we are not only dealing with oil products. Last year, as part of business diversification, we created a company that trades in grain. We initially designed the platform so that we could add any product as an SKU (stock keeping unit). For example,...

... economy. Depreciation of the national currency. The devaluation of the ruble leads to an increase in the cost of imports—from raw materials to finished products. The rise in prices of imported goods automatically drives up the overall price level in the economy.... ... inflation affects competitiveness: prices for export goods are rising faster than in other countries, negatively impacting the trade balance. Inflation undermines trust in the national currency: citizens and businesses look to convert their savings into ...

... earnings are only about $1.01 per share, which is ~20% lower than last year's level. Hershey's margins are suffering from rising raw material prices (sugar, milk, cocoa) and increased distribution costs, even though the company has raised prices on its products.... ... disappoint, the Nasdaq could drag down the other US exchanges . External factors should not be overlooked either: for example, trade disputes (the deadline for new US tariffs has been mentioned as August 1) or geopolitical issues could suddenly come to ...

... reserves ahead of winter, while the global energy sector is witnessing a revival in demand for traditional energy resources, such as coal, amid high prices and the need for reliable energy supply. Below are the details of these and other key news from the raw materials and energy sectors. Washington Doubles Tariffs for India on Russian Oil Trade The United States has sharply intensified pressure on India, the second-largest global market for Russian oil. On August 6, President Donald Trump signed an order imposing additional 25% import duties on goods from India, justifying this move by ...

... notes Bloomberg. The strait is crucial for global oil and liquefied natural gas (LNG) trade. According to Bloomberg, in 2024, approximately 16.5 million barrels of oil per... ... oil prices to extreme heights and the closing of the Strait of Hormuz are unlikely to materialize. The key reason is that the conflict participants themselves fear such developments... ... would entail a 20% reduction in export flows that could trigger global upheavals in the raw materials market and shift dynamics in the global economy, says Nikita Blokhin,...