At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.

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By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

Russia's economy to crumble down under sanctions attack

Posted on February 28, 2022   |  

  • In 2022, soaring oil prices will offer Russia 1.5 trillion roubles ($17.2 billion) from taxes on energy companies' profits but this has an outlay of deepening isolation from the world economy, markets, and investment.
  • Russia will be treated as a hostile state cut off from global flows, investment, and other regular economic dealings that build living standards, incomes, productivity, and company profitability.
  • Russian household incomes are below 2014 levels and in 2019, before the COVID-19 pandemic, annual economic output was valued at $1.66 trillion, far below the $2.2 trillion in 2013.
  • Sanctions would force Russia to self-finance more activities, curtail investments in industry and the military, and could end Russia's access to the international payment system SWIFT and impose outright sanctions.
  • Losing access to SWIFT will problematize export and import payments, and prevent paying bond coupons, which will start technical bankruptcy. 



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