... his opinion, despite the increase in gas prices, the impact on European consumers will be limited. This is due to the low share of supplies through the "Sudzha" station in the overall gas imports to the EU, ongoing gas savings, and reduced consumption in industry. Tereshkin forecasts that the average monthly gas prices in Europe will not exceed $500 per thousand cubic meters in August 2024, after which they will begin to correct, despite the approaching winter season. MOSCOW, August 9 ...

... global "black gold" stocks remain below multi-year average levels (in particular, U.S. oil inventories stand at about 419 million barrels, which is below the five-year average), which supports prices. Regional demand factors: Seasonal oil consumption in the Middle East increased during the summer (more intense oil burning for electricity generation), while China took advantage of the declining prices to record levels of strategic stock replenishment (approximately up to 0.9 million b/d ...

... increases spending, increases demand for goods and services, which can accelerate inflation. Reduce the attractiveness of savings: low interest rates on deposits reduce the return on savings, which motivates people to save less and spend more, supporting consumption. Increase in investment: it is cheaper for businesses to borrow to invest in expansion, production, and new projects. This stimulates economic activity and creates more jobs, which also increases demand and can lead to higher prices. A key ...

... performance Industrial production rose 6.2% in December, driven by a recovery in supply chains, government support for manufacturing, and increased demand for Chinese goods. Retail sales up Retail sales rose 3.8%, driven by subsidies aimed at stimulating consumption, particularly in electronics and automobiles. Trade surplus China posted a record trade surplus. However, falling prices for exported goods have been a negative factor, cutting into the profits of many Chinese companies. Challenges Facing ...

... actively promote loans with low-interest rates, creating the illusion of easy money and facilitating the accumulation of debt. Changing Attitudes Toward Finances Unlike previous generations, millennials are less inclined to save and more focused on consumption. A Deloitte study revealed that 60% of millennials lack long-term savings, preferring to spend money in the present. Due to uncertainty in the job market and an unstable economy, many prefer to seek immediate gratification rather than saving ...