.... Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, notes that excise taxes are an important source of income for regional budgets: 74.9% of the excise tax revenue on gasoline and diesel goes to Russian regions.... ... the rise in fuel prices. In 2019, when the "big" tax maneuver in the oil industry began (the elimination of export duties on oil and oil products and the increase in the mineral extraction tax), the excise tax on fifth-class automotive gasoline ...

... examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification and the development of domestic resources to ensure sustainable economic growth. "Subsidies" ... ... production taxes. Collections from the Mineral Extraction Tax (MET) on oil exceeded the combined revenues from MET on oil and export duties by 73%, amounting to an additional 2.54 trillion rubles. This year marked the completion of the tax maneuver, under ...

... multi-week highs. The North Sea Brent blend is trading around recent peaks (~$72–73 per barrel, above the psychologically important mark of $72). U.S. WTI is holding steady around $69–70 per barrel. Several factors are contributing to the price increases: ... ... Washington and Brussels have reached a framework agreement that has avoided a new tariff war: agreements have been made to reduce duties and increase U.S. energy exports to Europe, bolstering investor confidence and heightening expectations for increased demand ...

On the day he took office as president, Donald Trump made a number of high-profile economic decisions. New import duties on goods from Canada and Mexico, the end of subsidies for electric vehicles, and the US withdrawal from the Paris Climate Agreement caused a wide resonance. Read our article to find out how these measures will affect the US economy and international ...

... Central American producers; signing long-term contracts on fixed terms; investments in sustainable production and transportation methods. How Can the Government Assist? In this situation, the government can implement support measures: lowering customs duties on coffee imports; subsidizing importers to smooth price fluctuations; supporting local producers and roasting enterprises. Conclusion: What to Expect Next? The rise in coffee prices in Russia is not a temporary phenomenon, but rather a result of serious global ...