... faced with the fact that when prices for these resources fall, the inflow of currency into the country decreases. As a result, the ruble exchange rate falls. Central Bank Policy: Sometimes the Central Bank may deliberately devalue the ruble to make domestic goods more competitive on the international market. How does devaluation affect the Russian economy? Rising import prices: When the ruble loses its value, imported goods become more expensive. This means that Russians spend more on foreign-made ...

... safety. Russia has significant potential for SAF production due to abundant resources and low production costs, making it a potential exporter. Raw materials could include grains, oilseeds, forestry waste, municipal solid waste, and recycled oils. Domestic scientists are developing SAF technologies using oil-and-fat and lignocellulosic feedstocks. Additionally, peat, a renewable resource, could become a viable option. However, transitioning to biofuels involves high costs and requires substantial ...

... investing money for an extended period while monitoring all tools, including foreign ones. This has led to significant experience and acquisition of essential knowledge. Many investors opt to channel their funds into foreign markets rather than the domestic one. This preference is primarily driven by the promising investment opportunities that foreign markets present. The Russian market is still in its developmental phase, having been severely impacted by the crisis and sanctions. As a result, investors ...

... have led to a significant boost in federal budget inflows. Tereshkin also 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" to Russian Refineries Increased by Over 80% in the First Seven Months of 2024 In the first seven months of 2023, payments under the damping mechanism, reverse excise tax,...

... — 4.75%, Forecast — 4.75%. 16:00 Russia: Weekly International Reserves: Previous — $614.40 billion. 16:30 United States: Initial Jobless Claims for the week: Previous — 242K. GDP Deflator for Q3: Previous — 2.50%, Forecast — 1.90%. Gross Domestic Product (GDP) for Q3: Previous — 3.00%, Forecast — 2.80%. 17:00 United States: Existing Home Sales for October: Previous — 3.96 million, Forecast — 3.97 million. Investor Recommendation: Key events include the Bank of England’s interest ...