Found: 248

The budget is in the black. What ensured the increase in oil and gas revenues?

... to 9.1 million barrels per day, suggesting that actual oil supply levels will remain near their current levels. Another factor contributing to revenue growth could be changes in the calculation rules for the damping mechanism. The impact of this measure depends on the timeline for passing the Ministry of Finance's draft legislation. Overall, the current year remains favorable for oil and gas budget revenues. The transition to a fixed discount, increased gas exports to Europe, and the growing ...

Why People Take Mortgages Despite High Rates?

... markets, and domestic economic challenges, the purchasing power of the ruble is unstable. In October 2024, inflation in Russia stood at 7.5%, creating a risk of significant depreciation of savings. For many, investing in real estate becomes a protective measure, as property values generally increase in line with inflation. 2. Comparison of Interest Rate Growth With Housing Price Growth The average mortgage rate in October 2024 is 13.2% per annum, which is over 2% higher than the previous year. Meanwhile,...

Impact of Trump's Inauguration on the Ruble Exchange Rate: Analysis and Forecasts

... uncertainty and internal challenges, the Russian economy will continue to adapt, allowing it to avoid sharp declines in the national currency's exchange rate. Russian investors should consider potential fluctuations in the ruble's exchange rate and take measures to diversify their assets in order to minimize the impact of currency risks. After Donald Trump's inauguration, the Russian stock market may experience heightened volatility, as his policies and initial steps as president could significantly ...

The Pros and Cons of Different Tax Regimes for Businesses in Russia

... new laws and amendments to adapt tax policies in a timely manner: Relevant changes. Frequent updates to tax rates, limits, and conditions for applying tax regimes can affect the viability of specific options. Support for businesses. Government support measures, such as tax holidays or subsidies, can make certain regimes more advantageous depending on the economic situation. Choosing the appropriate tax regime is a key factor influencing the financial efficiency of a business. Each system has its pros ...

Thursday, December 12, 2024: Analysis of Key Events and Reports

... ECB’s decision will be closely watched for signals on monetary policy amid current economic challenges. Markets will focus on any adjustments to interest rates or forward guidance. 16:30 (MSK): USA – Producer Price Index (PPI) for November The PPI measures inflation at the producer level, often serving as a precursor to retail inflation trends. High readings could reinforce expectations of tighter Federal Reserve policy. 16:30 (MSK): USA – Initial Jobless Claims This weekly data point serves ...