On Thursday, the international benchmark Brent fell by about 1.8% to around $72.40 a barrel. That put it below the $72.48 mark recorded in late February, on the eve of the US and Israeli strikes on Iran.
According to Bloomberg, this demand remains one of the key forces that has supported gold’s historic rally in recent years.
According to Bloomberg, the rise in purchases is linked to expectations of heavier pressure on the power grid in the coming months and the need to secure stable fuel supplies in advance.
The CBR’s rationale for advocating a rate hike is rooted in accelerated price growth observed in December.
The November sanctions package has exacerbated delays in transactions, account freezes abroad, and the rising cost of cross-border operations.
The financial impact of these shifts is considerable. In 2023 alone, Russian buyers incurred an additional $20 billion in costs due to the rising prices of imports.
Gazprom plans to cut its central administration workforce by nearly half, reducing staff from 4,100 to 2,500 employees.
According to a report by the LETA news agency, Aven has formally informed both Latvian and European authorities of his decision.
The Russian economy faces a unique development model – a two-speed economy, where the military and civilian sectors move in different directions.
Today’s advertising market is undergoing global changes due to technological innovations and changing consumer preferences.
