Debt bubble. Do Russians live on credit?

In one year, households’ debts to banks in Russia grew by 26% and reached 23 trillion rubles. High oil and gas prices are pouring huge sums of money into Russia. The state has gigantic reserves and almost no debts, but the opposite is true for the people. They, like never before, are taking out loans […]

Debt bubble. Do Russians live on credit?

In one year, households’ debts to banks in Russia grew by 26% and reached 23 trillion rubles. High oil and gas prices are pouring huge sums of money into Russia. The state has gigantic reserves and almost no debts, but the opposite is true for the people. They, like never before, are taking out loans […]

The price of aluminum for the first time in 13 years exceeded $ 3000 per ton

Production of aluminum cookware in Afghanistan Since the beginning of the year, aluminum prices have risen 50% on the back of economic recovery after lockdowns. On the London Metal Exchange (LME), aluminum futures exceeded $ 3000 per ton. Earlier, aluminum reached values ‚Äč‚Äčabove $ 3000 in July 2008, according to Interfax on Monday, October 11th. […]