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Experts assessed the consequences of lifting the ban on gasoline exports
... Thus, the measure was largely precautionary.
Unsurprisingly, the ban was lifted at the end of May, only to be reinstated in August after both wholesale and retail prices for gasoline rose sharply in June and July. This spike was mainly due to the high ... ... the regulator lifts the ban. Partial stabilization was observed around the turn of summer and autumn. Between May 21 and July 29, 2024, gasoline prices rose by a total of 3.8%, while in the subsequent 14 weeks, they increased by only 2.6%.
If the regulator ...
China has found a replacement for Russian coal.
... Baikal-Amur Mainline and Trans-Siberian Railway, particularly in the Kemerovo region and Kuzbass. They have 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.... ... China to other markets will be difficult. On the one hand, China is the world's largest coal importer, with a global share of 29% in 2023, and no other country currently has a comparable internal market. On the other hand, neighboring India is also focusing ...
Economic News: Sunday, July 27, 2025 – US and EU Close to a Trade Agreement, Markets Await Signals from the Fed
... time, the rate of price growth in the US has slowed, with the Fed sending “dovish” signals. At the upcoming meeting (July 29–30), the Federal Reserve is likely to keep the key rate at the current level of 5.25%. Moreover, futures already imply about ... ... Washington: a principle agreement is expected to be announced this weekend, which would avoid the imposition of increased tariffs from August 1. The meeting between European Commission President Ursula von der Leyen and President Donald Trump, scheduled for Sunday ...
Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... European Union. President Donald Trump's administration has intensified its rhetoric concerning import tariffs; however, by August 1, positive shifts are emerging: Washington and Brussels are close to an agreement that could prevent the imposition of ... ... manufacturer faced serious difficulties. According to half-year results, Volkswagen’s operating profit in Q2 fell by more than 29% YoY (to ~€2.3 billion), and net profit declined by 36%. The main reasons include a sales slump in the key market of China,...
Economic Events and Company Reports - July 30, 2025
... business). In Q2 (for Lam, this is the fourth quarter of the financial year), analysts expect revenue growth to about $5.0 billion (+29% year-on-year) with relatively modest earnings of ~$1.20 per share. This imbalance (with revenue rising and profits significantly ... ... factors should not be overlooked either: for example, trade disputes (the deadline for new US tariffs has been mentioned as August 1) or geopolitical issues could suddenly come to the fore and adjust risk appetite.
For CIS investors focused on the global ...