... remain high, exceeding 20%. This indicates that many companies are taking out loans despite the high key interest rate and the associated increase in borrowing costs. However, the central bank emphasizes that we have not yet reached a credit bubble, as measures have been implemented to curtail further growth. Why Is This Happening? High Interest Rates: The Central Bank raises the key interest rate, making borrowing more expensive. Nevertheless, a significant portion of companies continues to take loans,...

French President Emmanuel Macron has raised concerns about a potential trade war between the EU and global giants — the U.S. and China. With growing protectionist measures, tariffs, and economic tension, investors must stay vigilant, as these shifts could significantly impact European businesses and international markets. How will this affect business and investments in the near future? Read our in-depth analysis ...

... the manufacturing sector. GDP Growth Prospects Despite the current figures, economic experts point out that the overall situation is not as critical as it may seem at first glance. The primary reasons for optimism include: Planned government support measures; Restoration of supply chains; Stable external demand for Russian resources. Conclusion Thus, while the preliminary data on GDP growth in Russia for the second quarter of 2023 is disappointing, analysts continue to focus on strengthening the ...

... its influence on economic dynamics has become negative. This indicates that growth is now primarily driven by non-resource sectors, rendering the perceptions of Russia as solely a resource-based economy obsolete. Inflation Under Control: Thanks to the measures taken by the government and the Central Bank, inflation has noticeably slowed. As of mid-June, the annual inflation rate decreased to 9.6% (down from double-digit figures earlier). Putin emphasized that the situation is developing better than ...

... 8—a date set by Washington as a deadline. While specific parameters for potential harsh sanctions have not been publicly clarified, the current step to double tariffs sends a clear signal to markets and trading partners. The justification for the new measures notes that India is not only continuing to import large volumes of Russian oil but is also reselling some of these purchases on the open market for profit. The U.S. administration refers to such operations as undermining efforts to isolate Russia....