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Airlines will be required to use biofuel: how much could flights become more expensive
... in its first voluntary phase, but starting in 2027, compliance will become mandatory.
Airlines will report fuel consumption data for international flights, which will be used to calculate CO2 emissions, explained Alexey Okhapkin, Director of the Forecasting and Strategic Planning Department of the Zhukovsky Research Institute and an expert in ICAO’s fuel and CORSIA working groups.
According to Okhapkin, in 2027, international civil aviation’s CO2 emissions are expected to exceed the baseline by about 40 million tons, or 11%. Russian airlines will need to offset approximately 750,000 tons of CO2 emissions.
Compensation methods include purchasing carbon ...
Wage Growth in Russia by 2028: Forecast and Investment Strategies
....4% YoY)
2027:
~RUB 123,900 (+8.3%)
2028:
~RUB 132,900 (+7.3%)
Meanwhile, real wages (adjusted for inflation) are expected to rise more modestly. In 2025, real incomes are projected to grow about +6.8%, then the pace slows to +5.7% in 2026, +4.1% in 2027, and +3.2% by 2028. This implies inflation will remain significant early on but is forecast to trend toward the ~4% target by the end of the period. Thus, despite prices eating up part of the nominal gains, Russians should still see their purchasing power increase by a few percent each year in real terms.
Impact on Consumption and Economic ...
Central Bank Lowers Rate to 18% — Beginning of Monetary Policy Easing
... better compared to April estimates:
Key Rate 2025:
An average of 18.8–19.6% is expected (down from 19.5–21.5% previously). For the second half of the year, the forecast has been lowered to 16.3–18% (from 18.8–21.8%).
Key Rate 2026:
12–13% (forecast improved from 13–14%).
Key Rate 2027:
7.5–8.5% (unchanged; a level close to neutral).
2028 Forecast:
Average rate of 7.5–8.5%, signifying a return to neutral policy in the long term.
Inflation:
Inflation forecast for the end of 2025 has improved to 6–7% (down from 7–8%). The ...
It became known about China's plans for the electrification of motor vehicles.
Tereshkin: The share of electric vehicles in passenger car sales in China will exceed 70% by 2027.
Chinese companies intend to accelerate the electrification of transportation to offset losses from declining sales in the U.S. According to forecasts, by 2027, the share of electric vehicles in passenger car sales in China may exceed 70%. This will lead to a decrease in gasoline demand in the country in 2026-2027. Moreover, China has significant reserves of minerals essential for the "new" energy ...
Experts assessed the impact of the increase in fuel excise taxes on gas station prices.
Starting from January 1, 2025, Russia plans to increase excise taxes on gasoline and diesel fuel by 4.7%, which corresponds to the forecasted inflation rate. The excise tax rate for gasoline of ecological class 5 will be 15,755 rubles per ton, while for diesel ... ... The law was signed by Russian President Vladimir Putin. The law also mentions the planned increase in excise taxes in 2026 and 2027.
In 2025, excise taxes will rise by 4.7%. For fifth-class gasoline, the excise tax rate will be 15,755 rubles per ton ...