... measures addressing Ukraine may increase European financial aid commitments or influence sanctions affecting Russian exports. These decisions could lead to short-term fluctuations in European indices, especially in energy and manufacturing sectors that depend on regional stability. Investor Recommendations: Keep an eye on developments from the G20. Investors may need to adjust their portfolios to account for potential policy changes affecting European and global markets. Sectors sensitive to geopolitics,...

... affecting energy supply and supply chains. Climate Change The economic consequences of natural disasters and climate adaptation increase the burden on national budgets. Debt Load Default risks are increasing, especially in developing countries with a high dependence on external borrowing. Investor Recommendations Portfolio Diversification Increase the proportion of low-risk assets. Invest in the green economy, technology, and healthcare. Risk Hedging Utilize derivatives to protect against currency and ...

... diesel fuel and AI-92 gasoline; actual price growth rates for gasoline and diesel, which must not exceed general inflation rates; and export bans, which take effect when retail price growth accelerates sharply. "Whether this model will continue depends on the federal budget situation and the National Wealth Fund (NWF). <...> Next year, the government will have fewer resources to subsidize oil producers, with subsidies totaling 1.9 trillion rubles for the first half of 2024, including the ...

We discussed the economics of gas stations in Russia with "Vedomosti." The financial performance of gas stations (AZS) in Russia varies significantly depending on their location and business model. The revenue of a single station can differ by as much as 50 times, and profitability can vary twofold. The primary income of gas stations comes from fuel sales, which account for over 85% of gross revenue....

... competition to maintain the targeted 10-minute block interval. It’s important to emphasize that such a “exodus” of miners following a halving event is an anticipated phenomenon. Similar patterns have been observed in previous cycles, although the scale depends on market conditions. In this case, the situation was alleviated by the fact that the price of Bitcoin was already relatively high by the time of the halving (by spring 2024, BTC had reached historic highs, trading around $100,000). This price ...