Russian PIT: Government Evaluates Progressive Tax Options Without Immediate Change
At present, officials in Russia show no active plans to reform the personal income tax (PIT) regime by introducing a broader set of changes to…
Italy’s June Inflation Slows to a 14-Month Low amid Slowing Energy and Transport Costs
In June, consumer prices in Italy rose by 6.7 percent compared with the previous year, marking the slowest pace in fourteen months. This…
Oil Inventory Changes and Strategic Reserves Update
Between June 16 and June 23, the United States saw a notable retreat in its commercial oil inventories, slipping by 9.6 million barrels to a…
Ukraine Seeks EU-Backed Relief for Grain Exports
Ukrainian President Volodymyr Zelensky said Ursula von der Leyen, president of the European Commission, assured him that restrictions on…
EU considers taxation of income from blocked Russian assets linked to Ukraine funding
The European Union is closely watching a potential shift in how blocked Russian assets could be taxed, particularly if funds immobilized in EU…
Rosneft’s 2030 Sustainability Drive: Emissions, Gas Reuse, and Ecological Stewardship
Over the past decade, Rosneft has committed 204 billion rubles to initiatives designed to channel associated petroleum gas (APG) into…
US Debt Projections: CBO Forecast Shows Debt Rising Toward 181% of GDP by 2053
The latest projections from the US Congressional Budget Office indicate that the amount of the nation’s public debt held by society is…
Improved understanding of income, inequality, and growth in Russia
New insights from Russia’s central bank on income, inequality, and growth Researchers at the Central Bank of Russia have explored how rising…
Russia Expands Tourism Potential: Growth, Infrastructure, and Regional Diversity
Russia Eyes a Robust Tourism Future, Highlighting Vast Potential Across Regions Russia is presenting its tourism sector as a powerhouse with…
State Tax Reform Discussion: Wealthy Earners and Public Service Funding
A proposal stirring discussion in Russia centers on tightening the personal income tax for the wealthiest residents. Boris Chernyshov, the…