REED. There mightn’t have been a more difficult draw for SV Guntamatic Ried in today’s ÖFB Cup semi-final: The Innviertler are fighting away at Rapid Vienna (8.30 p.m., live ORF one) for the final. According to the statistics, the Vikings didn’t really have to get on the bus to the federal capital yesterday: the Rieder bus drivers had to cover a total of around 22,500 kilometers for the eleven points that were kidnapped in the 45 games from Vienna.
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As a meeting place for European film, the Crossing Europe Film Festival is entering the next round and is celebrating its 20th anniversary. With around 140 feature, documentary and short films, a diverse and rich program is promised. Numerous film guests from Germany and abroad are expected in Linz from April 26 to May 1, 2023.
[podcast] Free agency – NFC North: Green Bay blocked, Detroit strengthened
written by Alexandra Hartman Editor-in-Chief
During the offseason, there are the signings and the picks that are made, but the ones that don’t happen are sometimes also essential. On the Green Bay side, we are waiting. We wait. And if the leaders were not finally also a little responsible for the situation in which they are blocked with Aaron Rodgers? In any case, their free agency is completely blocked.
Meanwhile, the Lions and Bears are getting stronger and the Vikings limit the damage despite a perilous financial situation. Green Bay therefore seems to be the big loser in recent months.
Alain Mattei, Raphaël Masmejean and Lucas Vola are on the microphone. Good listening!
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Is it worth holding out for the dollar and euro hitting 100 as the ruble exchange rate drops to last year’s figures? – April 5, 2023
written by Alexandra Hartman Editor-in-Chief
The increase in fuel prices in the future is expected to lead to an inflow of foreign currency into the country, which will partially offset the budget deficit. The budget’s large volume at the beginning of the year was largely due to prepayments from the treasury, but in April, the increase will be slower, and tax revenues are expected to increase in the first quarter. The psychological factor is also important, as the dollar has neared the acceptable threshold of 80 rubles, and exceeding this may be negatively received by the market. To maintain the exchange rate, the Ministry of Finance may purchase and sell foreign currency. Vladimir Kovalev predicts that the dollar exchange rate will remain in the range of 76-80 rubles, and the euro in the range of 84-90 rubles for the coming months.
— Rising fuel prices in the future will increase the inflow of foreign currency into the country and partially compensate for the budget deficit. Increased budget spending, which led to its large volume at the beginning of the year, was largely due to prepayments from the treasury. In April, they will rise at a slower pace, and tax revenues will increase in the first quarter, Kovalev is sure.
The analyst also noted that the psychological factor is also important: the dollar has already crept close to the threshold of 80 rubles, which the government called quite acceptable for the budget. That is why the market may negatively accept its excess.
– Probably, they will try to keep it, including through the purchase and sale of foreign currency by the Ministry of Finance. In connection with the indicated opposite factors, for the coming months, it is likely that mainly maintaining the dollar exchange rate in the range of 76-80 rubles, and the euro – 84-90 rubles— summed up Vladimir Kovalev.
In conclusion, the rise in fuel prices in the future will have both positive and negative impacts on the country’s economy. While it may increase the inflow of foreign currency into the country and partially compensate for the budget deficit, it may also lead to a drop in the value of the ruble. The government will need to take measures to maintain a stable exchange rate for the dollar and the euro. It remains to be seen how effective these measures will be in the coming months, but the government’s willingness to take action should bring some measure of stability to the market.