Prices for Chinese cars began to decline due to full warehouses

Prices for Chinese cars began to decline due to full warehouses

​ Prices for some Chinese cars began to decline due to full warehouses, experts from Otkritie Auto (the auto business unit of Otkritie Bank) reported. According to their data, only market leaders showed an increase in sales in November; as a result, a significant part of brands began not only to reduce recommended retail prices, … Read more

The Bank of Latvia announces the next competition for students’ scientific research works

The Bank of Latvia announces the next competition for students’ scientific research works

Published: 05.12.2023. The Bank of Latvia has announced another competition for students’ scientific research papers, the purpose of which is to promote the identification and analysis of macroeconomic problems of the Latvian and Eurozone economies, involving the most capable young economists in this work. The competition is being held for the 22nd time, and citizens, … Read more

Parallel car imports continue to fall

Parallel car imports continue to fall

​ Parallel imports of cars continue to fall. Thus, according to Otkritie Auto (the auto business unit of Otkritie Bank) and the Automarketer company, the volume of registrations of cars imported into Russia through parallel import channels in October decreased by 6% compared to September. In general, the share of parallel imports at the end … Read more

Appointment of Muhammad Abu Musa as the first Assistant Governor of the Central Bank of Egypt – Youm7

Appointment of Muhammad Abu Musa as the first Assistant Governor of the Central Bank of Egypt – Youm7

Written by Ahmed Yacoub Sunday, November 26, 2023 08:52 PM Announce Egyptian Central Bank About the appointment of Muhammad Abu Musa as Assistant Governor of the Central Bank of Egypt, as this position was recently created, making Abu Musa the first Assistant Governor. Abu Musa held the position of First Deputy Governor of the Central … Read more

Public spending in LatAm: which countries allocate the most money to social programs?

Public spending in LatAm: which countries allocate the most money to social programs?

Bloomberg Línea — Although during the pandemic public social spending experienced record figures in the midst of the economic and social crisis, this injection of resources, which It is vital to finance education, housing, health policies, among other services.has been cutting back in Latin America. The central government’s social spending reached 11.5% of GDP in … Read more

Imposing fees on “InstaPay” transactions and bank transfers in 2024.. What are the details?

Imposing fees on “InstaPay” transactions and bank transfers in 2024.. What are the details?

04:52 PM Wednesday, November 22, 2023 Written by Manal Al-Masry: The Central Bank intends to apply small fees to transactions through the national network for real-time transfers, “InstaPay,” as well as to return to transfers between banks starting in January 2024, according to a Central Bank official whom Masrawy spoke to. The official explained that … Read more

Iranian cars began to be delivered to Russian car dealerships

Iranian cars began to be delivered to Russian car dealerships

​ Sales of the new Iranian sedan Iran Khodro Dena have begun in several dealership centers in the Russian Federation. Cars are imported into the country through parallel import; these cars will cost the future owner 1.6–1.7 million rubles, writes Autonews. At the same time, Russians have the opportunity to save additional money on purchasing … Read more

The Russian Federation’s Reorientation Challenges Amid Sanctions

The Russian Federation’s attempt to reorient itself from Western countries to “friendly” jurisdictions has encountered numerous problems. Russia, which found itself under unprecedented sanctions after the start of the war against Ukraine, tried to reorient itself from Western jurisdictions to so-called friendly states, but such countries are in no hurry to help the Kremlin, fearing … Read more

Understanding the Use of Cookies and Data Processing: What You Need to Know

Understanding the Use of Cookies and Data Processing: What You Need to Know

To provide the best experiences, we use technologies such as cookies to store and/or access information about your device. Agreeing to these technologies allows us to process data such as browsing behavior or unique IDs on this site. If you do not give consent or withdraw your consent, this may adversely affect certain functions and … Read more

Creating a Financial Safety Net: Expert Recommendations from Banki.ru

Creating a Financial Safety Net: Expert Recommendations from Banki.ru

Experts in a publication on Banki.ru gave recommendations on creating a financial safety net. In times of turbulence, it is necessary to be prepared for a crisis, layoff, unplanned expenses, repairs or large purchases. As analysts explained, the financial airbag is mainly aimed at saving money and putting it aside for an emergency. To form … Read more