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Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads

... will be significant competition between oil and coal in this context. Coal primarily creates problems for transporting other goods through the Eastern Polygon," Igor Yushkov, an expert at the Financial University and the National Energy Security Fund, told vgudok.com. "Prioritizing rail transportation of oil and oil products is crucial in the European part of Russia, particularly in the south. Last year, shortages of diesel fuel and even gasoline occurred not because of low production ...

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

... analysis center at the Institute of Energy and Finance (IEF). The price cap on Russian oil united the G7 in their economic sanctions against Russia, reminds Stanislav Mitrakhovich, an expert from the Financial University and the National Energy Security Fund. Consequently, he notes that the EU's proposal to lower the cap did not receive support from U.S. President Donald Trump during the recent G7 summit in Canada. "And without U.S. support, the modified cap will be of little significance," ...

What Tax Incentives are Available for Entrepreneurs and Investors in Russia?

... significant tax benefits that help lower operational costs and stimulate innovative activities: Exemption from corporate income tax. For the first ten years, Skolkovo residents are exempt from paying corporate income tax, allowing companies to reinvest funds into business development. Exemption from VAT. Resident companies do not have to pay value-added tax on the sale of products, which reduces the cost of goods and services. Reduced insurance premiums. For Skolkovo residents, the insurance premium ...

Russia has found a way to maintain gas supplies to Europe bypassing sanctions.

..., the US is deliberately cutting off Russian gas supplies not from March 1 or April 1, 2025, when the heating season ends, but from December 20, during the peak of the heating season,” said Igor Yushkov, an expert from the National Energy Security Fund and Financial University under the Government of Russia. Another note: December 20 is the due date for Hungary's next gas payment. The US knew the exact date and symbolically chose it to impose sanctions on Gazprombank. This was a targeted attack....

Monday, November 11, 2024: Key Economic Events for Investors

... sentiment on emerging markets. Lower inflation can support Indian equities and the rupee, which can positively influence investment flows. High inflation may lead to expectations of tighter monetary policy, potentially impacting global emerging market funds. Investor Focus: Industrial Output in Germany: Germany’s industrial production figures will offer insights into the health of Europe’s economic engine. This data can directly affect the euro and stocks sensitive to industrial demand. Eurozone ...