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Airlines will be required to use biofuel: how much could flights become more expensive
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For Russian airlines, additional expenses in 2027 could amount to 20–30 billion rubles, adding 800–1,200 rubles to ticket prices. Currently, the biofuel market in Russia is underdeveloped, but plans are in place to develop it to ensure energy security and diversify energy resources.
Starting in 2027, CO2 emissions from international flights must not exceed a specific threshold. Any increase in the carbon footprint will require airlines to either pay compensation or ...
Why Trump Wants to Buy Greenland: Economic and Geopolitical Motives
... influence in the region, whether through economic investments or diplomatic efforts.
Donald Trump's attempt to buy Greenland is not just a historical episode, but a reflection of the long-term strategy of the United States to ensure energy and geopolitical security. The question of control over the island's resources and its strategic location remains relevant, emphasizing its significance on the world stage.
Greenland is becoming a new focal point for rare earth metal extraction
The melting ice cover in ...
Thursday, November 21, 2024 Key Economic Events
... reduce the competitiveness of European exports.
EU Consumer Confidence: Weak sentiment in Europe might dampen demand for U.S. exports and influence trade balances.
Energy Markets: U.S. natural gas inventory changes could affect European energy prices and security.
Investor Recommendations
Commodities:
Oil and Gas: Monitor central bank decisions in Turkey and South Africa, as these could impact emerging market currencies and, subsequently, global commodity prices.
Currency Markets:
U.S. Dollar: Economic ...
Tuesday, November 19, 2024: Key Economic Events for Investors
... these speeches for indications of upcoming central bank actions, especially if they hold assets in affected currencies or sectors. Statements on inflation and economic resilience will be particularly relevant for those holding European and U.S.-based securities.
U.S. API Oil Inventories
At 00:30 GMT, the American Petroleum Institute (API) will release data on U.S. oil inventories. Changes in inventory levels can influence oil prices, an important factor for energy investors.
Impact on Markets:
Lower ...
Buyers Battle for Russian Oil in Europe
... to the European Union by sea. As a result, unloading tankers with Russian oil in Croatia is no longer permitted," explains Igor Yushkov, an expert at the Financial University under the Government of the Russian Federation and the National Energy Security Fund (FNES).
However, Hungary has secured the right to receive Russian oil via the Druzhba pipeline. Now, to deliver Russian oil to Serbia, it is necessary to use a cumbersome and more expensive route. Oil is transported through Druzhba, transiting ...