Found: 129

Why People Take Mortgages Despite High Rates?

... in line with inflation. 2. Comparison of Interest Rate Growth With Housing Price Growth The average mortgage rate in October 2024 is 13.2% per annum, which is over 2% higher than the previous year. Meanwhile, the rate of growth in property prices in Moscow and St. Petersburg averaged 9% since the beginning of the year, with some other regions, like Krasnodar and Kazan, seeing growth of up to 12%. Therefore, if an individual plans to purchase real estate, their mortgage expenses may be justified by ...

Why the ban on gasoline exports did not stop the rise in gas station prices

... modest rise of 3.2% since the beginning of the year, well below inflation. However, gasoline prices continue to climb. The export ban, reinstated on August 1 and extended until the end of the year, has failed to halt this trend. According to the Moscow Fuel Association (MTA), in the week of September 2-8 alone, gasoline prices in Moscow rose by 24 kopecks for AI-92, 33 kopecks for AI-95, and 1.34 rubles for AI-100. While gasoline prices on the exchange began to decrease in September, they ...

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

... way to pay for gas despite the sanctions. What was the previous setup? According to the decree from 2022, companies from unfriendly countries had to transfer their currency to Gazprombank for gas payments, which then exchanged it for rubles on the Moscow Exchange and sent the rubles to Gazprom. After sanctions against the Moscow Exchange, the currency exchange had to be moved to the interbank market, but the system continued to work. In 2022, European companies didn’t experience much change....

Main Differences Between American and Russian IPOs

... safeguarding investor interests. Russian IPO: In Russia, the regulation of the securities market is overseen by the Central Bank of Russia. The disclosure requirements are less stringent compared to American standards. Companies going public on the Moscow Exchange are also required to provide prospectuses, but the volume of disclosed information may be lesser. After the IPO, Russian companies experience less stringent oversight from regulators, which can affect the level of transparency and the ...

Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

... 60 attractive offers from suppliers. We need partner banks with financial services, installment plans, and escrow accounts for further development. Analysis by "Oil Resource Group" — How did your business start? — After moving to Moscow to study (I’m originally from Crimea), I opened a company selling lock hardware, then started selling doors. I was 19 years old, living in a dorm, and my business was already valued at over $1 million. Then came other projects, and I faced disappointments ...