According to Bloomberg’s assessment, foreign state-owned companies — above all from China and Russia — now appear to be among the most exposed if Venezuela’s oil agreements are revised or rewritten.
According to Bloomberg, pricing has been the decisive factor behind the sharp rise in shipments.
Most economists surveyed by the agency believe the rate will be lowered by 50 basis points to 16% on Friday.
The move marks yet another episode in the escalating global struggle for technological supremacy between the United States and China.
Agriculture has continued to show stability and growth over the year, even as recessionary trends weigh on the broader real sector.
Despite political pressure from President Donald Trump directed at key importers — India, Turkey, Hungary, and Slovakia — these countries are in no hurry to abandon Russian crude.
The recovery was enabled by government support, settlement workarounds, and a shift from exports to the domestic market.
Ministry cuts GDP, investment, and demand outlooks—paving the way for a 22% VAT and a new low-growth normal.
The most significant changes are as follows: the value-added tax (VAT) will increase from 20% to 22% (the 10% rate for socially important goods is retained).
After US President Donald Trump said NATO countries should shoot down Russian aircraft that violate their airspace, defense shares across Asia moved higher.
The Lada Aura sedan has landed with a thud: fewer than 800 cars have been sold so far.
Among the latest incidents is an attack on the Saratov refinery, another target in a series of strikes on energy facilities.
Oil prices on Monday extended last week’s gains as the market simultaneously digests mounting pressure on Russian supplies and forecasts of a surplus toward the end of the year.
