Experts predict that BRICS may overtake the European Union in the near future. Since its foundation, the alliance has tripled its share in global trade, reaching 21.6% by the end of 2023. The trade volume of the participating countries amounted to a whopping $10.4 trillion.The GDP growth of the BRICS countries (3.1% in the second quarter of 2024), due to the steady growth of the economies of India (6%), China (4%) and Russia (4%), contrasts with the lagging development of the EU — only about 0.6... Прочетете още
The Financial Action Task Force (FATF) has removed Turkey and Jamaica from the grey list. At the... Прочетете още
Bitcoin, which reached historical highs in March 2024 and then fell significantly, may again... Прочетете още
In June, consumer prices in the eurozone increased by 2.5% year-on-year, as indicated in the... Прочетете още
On Tuesday afternoon, oil prices continued to rise, due to concerns about the hurricane season in... Прочетете още
The World Bank has recognized Russia as a high-income country. In the report for the period from... Прочетете още
On Monday, the euro strengthened after a less significant than expected victory of the far-right... Прочетете още
The companies that left Russia replenished the budget of the Russian Federation by 84 billion... Прочетете още
LNG supplies from the United States to Europe have declined sharply, which could cause a serious... Прочетете още
The Central Bank of Sweden (Riksbank) kept its key interest rate at 3.75% per annum at its meeting... Прочетете още
On Thursday, gold prices are showing a rise after falling to a two-week low in the previous... Прочетете още
On Thursday, the Japanese yen continued to decline, and the USD/JPY pair reached its highest levels... Прочетете още
The EU has eased sanctions: partial transfers from Russia are allowed. The European Union has... Прочетете още
The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said... Прочетете още
Before the elections in the UK, which will be held on July 4, the pound strengthened on... Прочетете още
BRICS has decided to temporarily suspend the admission of new members. According to Lavrov, the... Прочетете още
Turkish Lira hits record low: The dollar exchange rate exceeded 33 Turkish liras. At the auction on... Прочетете още
According to foreign trade statistics, the supply of petroleum products from the United States to... Прочетете още
The European Union is reducing political contacts with Georgia because of the law on foreign... Прочетете още
Last week, the price of Brent crude oil fell by 0.7%, ending the week at about $85.2 per barrel. On... Прочетете още
Today, the yuan on the Moscow Stock Exchange fell by 1.2% after the announcement of the Russian... Прочетете още
As part of the 14th package of anti-Russian sanctions, the European Union banned its companies... Прочетете още
The desire of Asian countries to join the BRICS is growing. Malaysia and Thailand have announced... Прочетете още
Analysts at RBC Capital Markets remain cautious about gold, considering it overvalued after... Прочетете още
Following the example of the United States and the EU, Canada plans to impose high tariffs on... Прочетете още
Russians miss Europe. Russian tourists' interest in Europe has grown significantly over the year:... Прочетете още
This week, the European Union approved the contents of a new, 14th package of sanctions against... Прочетете още
The Bank of England kept the base interest rate at 5.25% per annum at the end of the June meeting,... Прочетете още
Vladimir Putin has arrived in Vietnam. During the visit, the heads of the two countries adopted a... Прочетете още
According to the UK National Statistics Office (ONS), consumer prices rose by 2% year-on-year in... Прочетете още
Brazil plans to actively develop the extraction of rare earth metals, while Western countries are... Прочетете още
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