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700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001

... Economists predict that inflation will remain at 6-8% per year in the coming years, which is above the Central Bank's target indicator. The main factors determining inflation trends include: Dynamics of the ruble and foreign trade policy. Prices for oil and energy resources. Government regulation of tariffs and taxes. Since 2001, inflation in Russia has exceeded 700%, affecting all key sectors of the economy. Despite market adaptation, the decline in purchasing power remains a significant issue for the population. The future of inflation will depend on macroeconomic policy, the situation in global markets, and the state of the national currency.

It became known about China's plans for the electrification of motor vehicles.

... electrification of transportation to compensate for losses from declining sales in the U.S., meaning the share of electric vehicles in passenger car sales in China could exceed 70% by 2027, Sergey Tereshkin, CEO of the petroleum product marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. Earlier, U.S. President Donald Trump announced plans to impose an additional 10% tariff on Chinese goods starting February 1 and to sign an order introducing 25% tariffs on all goods from Mexico ...

101 Business Ideas for Teens

Want to start your first business as a teenager? This article contains 101 ideas that will help schoolchildren start earning with minimal investment. From creative projects to tech startups and educational ideas, here you will find what suits you. Open Oil Market founder Sergey Tereshkin shares practical advice for a successful start and inspires young entrepreneurs to take their first steps in the world of business. Hello! My name is Sergey Tereshkin, I am an entrepreneur and the founder of Open Oil ...

USA - PPI Inflation July 2025

... expectations of a tighter Fed stance. Currency Market: Strengthening of the dollar in response to heightened rate expectations. Equities: Pressure on interest-sensitive sectors—technology, real estate; support for energy and commodity companies. Commodity Market Response The acceleration in PPI suggests a potential continuation of rising prices for energy and industrial goods. For oil and gas producers, this could signal an expansion of margins, while manufacturers and the industrial sector may face additional pricing pressures. Risks to the Economy Inflation Transmission to the Consumer Sector: High production costs may be passed ...

Рынок нефти станет профицитным к концу 2024 года

... ожидается увеличение этого профицита до 300 тысяч баррелей в сутки.<br /> <br /> Генеральный директор маркетплейса нефтепродуктов и сырья OPEN OIL MARKET Сергей Терешкин объясняет этот тренд следующими факторами:<br /> <br /> Смягчение квот ОПЕК+: Саудовская Аравия, Россия и другие страны ...