Two News Items That Will Lead to a Breakthrough in the Russian Economy
In the Kremlin, there is constant talk about import substitution, technological breakthroughs, and full-fledged economic cooperation on the international stage. Here are two pieces of news that confirm everything stated by the Kremlin and indicate a significant breakthrough in the...
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17.07.2024
80
The real estate market in Russia is facing a new challenge: the reduction of the refinancing rate and the cancellation of preferential mortgages simultaneously create uncertainty and require careful analysis
When the refinancing rate is lowered, it aims to increase economic activity by making loans more accessible. This reduction can lead to lower interest rates on mortgage loans, which theoretically should make housing more affordable and increase demand. However, the...
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14.06.2024
88
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Russian budget expenditures significantly exceeded revenues. Ministry of Finance: the federal budget deficit amounted to 983 billion rubles in January-May
As a result of the first five months of 2024, the federal budget deficit amounted to a total of 983 billion rubles. The significant excess of state expenditures over revenues was reported on the Ministry of Finance's website. According to...
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12.06.2024
76