... dropped by 11.5% in the first half of the year, to Turkey by 4%, and to South Korea by 1.7 times. The primary reason for the reduction in coal supplies to China is customs restrictions. Since January 2024, China has imposed tariffs of 6% on imports of ... ... already been hurt since August 2022, when the EU banned coal exports to the European market, forcing companies to redirect these volumes to Asian markets. Railways are overloaded, and it has become much more expensive to transport coal from Kemerovo to new ...

... in an emergency and for a short period. Otherwise, the market will become oversupplied, leading to a decline in oil refining volumes. It is no coincidence that last autumn, the full ban on diesel exports lasted only two weeks. In an interview with ... ... prices and the high tax burden on the oil industry. With zero or negative margins, no amount of competition will lead to price reductions. Stankevich believes that the government, in cooperation with key oil industry companies, must ensure the smooth ...

... same period in 2022. As a result of this price drop, coal producers are struggling with profitability, which will lead to a reduction in mining activities. What is even more important is that Russian Railways (RZD) plans to increase the profitability ... ... Shilo even hinted that if no changes are made for coal, oil would not suffer: “If a decision is made to elevate a large volume, for example, of coal, to the third priority, then possibly some additional decision will be required. But once again: ...

... Fee Income Net interest income increased by 18.5% year-on-year to 1.674 trillion rubles, driven by the expansion of lending volumes and the rise in asset yields amidst increasing market rates. The bank effectively capitalized on the period of high rates,... ... rates could stimulate demand for loans and reduce pressure on borrowers, positively impacting asset quality and allowing for a reduction in reserve expenses. Bank management expects that the return on equity for the year will surpass 22%, assuming current ...

... Context: The threat of tariff increases from the US is linked to pressures on European companies concerning subsidies and trade balance. Key points to consider: Economic consequences: A trade war between the US and EU could lead to rising prices and a reduction in export volumes on both sides. Sectors at risk: The automotive industry, agriculture, and technology could become primary targets in a new wave of tariffs. Market reactions: Deteriorating relations between the US and EU could lead to volatility in global markets....