CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tax Reform Package Continues to Take Shape

RUSSIA
  • The Russian finance ministry are to detail and outline proposals for a "reasonable" approach to progressive taxes, according to the finance minister speaking to IFX.
  • The head of the State Duma tax committee stated the reforms will be based on four principles: not affecting most individuals and businesses, the effective and transparent use of extra revenues, revenues to be spent on "important" goals such as healthcare and technology and lastly fair distributions, according to Vedomosti.
  • Railway shipments of construction freight have slipped to a five-year low following the completion of major infrastructure projects across Russia, according to Kommersant. The paper cites experts in pointing to a pause over the Presidential elections and dependency on the cost of borrowing.
  • Russian oil revenues from China are in focus after independent oil processors in China are seen taking on the lowest volumes of Russian ESPO crude since 2021, according to Bloomberg. The pieces cites shrinking refining profits and other grades being offered at lower prices.
  • Putin meets with the King of Bahrain later today, while Siluanov continues to conversation of taxation reform in Parliament.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.