... account for about 20% of fuel costs, so the 4% increase will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional budgets, and their indexation is aimed at supporting regions that may face financial difficulties. Starting in 2025, excise taxes on gasoline and diesel fuel (DF) will increase by the expected inflation rate. The law was signed by Russian President Vladimir Putin. The law also mentions the planned ...

... Political influence: Musk's statements could serve as a catalyst for discussions on reforms in Europe and draw attention to regional problems. Economic context: Europe's economic difficulties, including slowing growth and energy shortages, require new solutions and strategies. Market reactions: Support for such initiatives may influence investor sentiment toward European assets. The role of Germany: As the leading economy in the ...

... technologically advanced, comfortable vehicles, which may prompt German brands to enhance their offerings. Reduced Dependence on Chinese Automakers: As the Russian market fills with Chinese brands, the reintroduction of German cars provides an alternative for consumers who prefer European quality. This diversification would be a positive shift, reducing the market’s reliance on a single region. Restoration of Dealership and Service Infrastructure: German automakers would likely return with comprehensive service networks, creating new jobs and supporting high service standards. This also adds a boost to the local automotive service sector in Russia. Potential Impact on German Automakers Returning to the Russian market could positively influence the financial performance of German companies,...

... consideration of Belarus's internal interests. The election results in Belarus confirm the continuation of the existing political course, which for Russia means predictability in relations. However, the high level of Belarus's dependency on Russian support creates challenges for bilateral cooperation. Russia will need to closely monitor internal and external changes in Belarus to effectively adapt its strategy in the region. Lukashenko has won the presidential election in Belarus, receiving 87.6% of the votes according to exit polls. He also announced that the country is working on creating a national cryptocurrency, which could become a new direction in the republic's ...

... expectations for further rate hikes by the European Central Bank due to easing inflationary pressures. What Should Traders Focus On? Support levels for EUR/USD are around 1.05, and a breach of this level could strengthen bearish sentiment. Pay attention to upcoming inflation ... ... international financial transactions. This trend is driven by the desire to reduce dependence on the U.S. currency and strengthen regional economic ties. Several countries are already taking steps in this direction: Increased use of local currencies and regional ...