Devaluation is the process of devaluation of the national currency, which each of us feels when prices rise and purchasing power falls. In this article, we will analyze why devaluation occurs, how it affects prices, business and everyday life of Russians, and what steps can be taken to protect your funds in the context of a weakening ruble. What is devaluation in simple terms and how does it affect the Russian economy? Devaluation is the process of reducing the value of the national currency ...

... the approaches to organizing such offerings are similar to international ones, they also carry specific features related to Russian legislation and market structure. History and Development of Secondary Offerings Secondary offerings have developed as ... ... For instance, in large economies such as the US and Europe, public companies regularly conduct follow-on offerings to finance business expansion. During economic upturns, the volume of SPOs increases, while it decreases during crises. In Russia, secondary ...

... the EU's efforts in diversifying supplies and building reserves, there remains a likelihood that a cold winter or sudden spikes in demand could lead to disruptions. Energy companies are warning that a sharp rise in gas prices might negatively impact businesses and consumers. Many enterprises will need to optimize resource usage to cope with high gas costs, which will also affect the EU's economy. Europe is facing serious challenges in securing gas supplies for the winter of 2024–2025. The reduction in Russian gas supplies, global competition for LNG, and unpredictable weather conditions underscore the necessity for strengthening energy security. The EU is taking active steps to diversify energy sources, build reserves, and improve energy efficiency; ...

... 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," says Mitrakhovich. "Some Greek shipowners, currently transporting Russian oil to third countries, for instance, to India, may hesitate and withdraw from this business. However, others will continue to manipulate their reporting, pretending that they are transporting oil at a price that does not exceed the cap at the loading port. The rest will be carried out by the 'shadow fleet,' which will disregard European ...

... What consequences might Gazprom, Russia, and the EU face if supplies are entirely halted? Last week, the U.S. imposed blocking sanctions on Gazprombank. European buyers of Gazprom's gas are required to pay in rubles through this bank. If European businesses fail to negotiate exceptions with the U.S. by December 20—the deadline for ceasing operations with the bank—this will halt Russian gas deliveries. In 2022, a presidential decree shifted payment for Russian gas from "unfriendly" countries to rubles. Payments can only occur through one scheme: European buyers transfer funds in euros or dollars to Gazprombank, which ...