When will Russia run out of oil for export?
2023-10-09 03:18:52
If production rates are not reduced and new deposits are not discovered, then in 2040
Russian Energy Minister Novak noted in 2018 that oil production in Russia, in the absence of incentives, could fall by 44% by 2035. Taking into account the coronavirus infection in 2019 and sanctions, these deadlines have shifted to 2040.
Russia has one of the highest taxes on the oil industry in the world, which makes it difficult to stimulate production.
Novak: oil production in Russia in the absence of incentives may fall by 44% by 2035
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What will happen at the BRICS meeting?
2023-06-13 08:15:07
Expansion and increase in the share of the NDB
The BRICS Bank intends to finance more projects in national currencies to strengthen the local market and protect borrowers from the risk of currency fluctuations. Currently, the share of relevant projects in national currency in the bank's total project portfolio is about 22%, the NBR president said, adding that the bank intends to increase this figure to 30%. Currently, five BRICS countries are members of the EBRD, as well as Bangladesh, the United Arab Emirates and Egypt. Uruguay is already in the process of joining.
The BRICS summit will be followed by a powerful geopolitical shock wave for which the world will not be ready. The Western world will not be ready.
BRICS New Development Bank De-dollarizing, Adding Argentina, Saudi Arabia, Zimbabwe as Members
Experts say that the upcoming BRICS summit will destroy the picture of the world familiar to the West
BRICS Krieg: what you need to know about the union of five states
BRICS seizes chance to challenge US: expansion and single currency on agenda
The big escape from the dollar to the East
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Will US banks fall after a 0.25 rate hike?
2024-03-09 06:03:32
No
The Fed would not raise rates for no reason. They're saving the dollar. As they said, the US financial system is stable, which means that even if small banks go bankrupt, they will be bought by larger banks.
The increase in rates and the export of gold from the United States does not speak about the stability of the American financial system. But in the short term, everything is stable and under control.
The US Federal Reserve's Interest Rate Decision
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Who will win the World Cup 2022 in Qatar?
2022-11-21 10:48:08
France
France had already won the previous championship.
If it beats Argentina, of course :)
Who will win the World Cup?
World Cup Results
List of FIFA World Cup finals
Accuracy 30
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