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What is devaluation in simple terms and how does it affect the Russian economy?
... become cheaper, and this is called devaluation. Devaluation greatly affects the purchasing power of citizens and the country's economy.
Why does devaluation happen?
Devaluation can occur for various reasons. Here are the main ones:
Economic instability: ... ... weakening of the ruble. These factors included sanctions that limited access to international markets, high inflation, and a budget deficit. In response, the Central Bank raised the key rate to stabilize the ruble and reduce inflationary pressure.
Difficulties ...
Prospects of Investing in the American Market
The founder of "Oil Resource Group," S.I. Tereshkin, has decided to delve into this area. The businessman has been investing ... ... industrial production, healthcare, technology, and other sectors, resulting in higher budget revenues—a positive shift for the economic situation.
Alongside this, the Federal... ... potentially harming the long-standing “bull market” trend that has characterized the U.S. market for over a decade.
A downturn in stock prices could lead to a transition...
Under what conditions could the surviving line of the "Nord Stream" operate
... supplies, forcing Europeans to increase their offers,” Yushkov explains.
Sanction Policies Talks of a 15th EU sanctions package targeting Russian LNG add tension. “If... ... access to Russian LNG would intensify the struggle with China for supplies from the U.S., Algeria, Qatar, and Australia.
The Worst-Case Scenario
A harsh winter, combined... ... significant. Rising energy costs will increase inflation, strain household and industrial budgets, and slow economic growth.
While Europe is better prepared with higher storage...
Chinese Automotive Industry: A Global Innovation Example
... automakers are setting new standards in battery development, software, and autonomous driving technology. Volkswagen CEO says China's approach is pragmatism, speed, and creativity. How can the German auto industry learn from this, and what does it mean for the ... ... Volkswagen and Stellantis. This could also create new incentives for consumers to transition to electric transport. However, such policies might incur additional costs for EU budgets and potential disputes regarding the fairness of the support.
Hashtags:
#ElectricVehicles #EU #China #Subsidies #Automotive ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel.
Exchange prices ... ... reduction in subsidies for oil refineries. In May 2025, payments for the damping mechanism (compensation to oil companies from the budget for supplying fuel to the domestic market at prices below export levels) amounted to 42.5 billion rubles – 32% less than ...