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 European Union, following the United States, plans to increase duties on Chinese cars.Last... Прочетете още
Japan is expanding sanctions against Russia, accusing the country of receiving weapons from the... Прочетете още
On Thursday afternoon, oil prices began to rise, recovering from three consecutive sessions of... Прочетете още
In a desire to speed up the de-dollarization process, in the first quarter of the year, China sold... Прочетете още
According to the minutes of the last meeting of the Federal Open Market Committee (FOMC), a number... Прочетете още
The ruble will strengthen to 88 per dollar, but not for long. Experts believe that the current... Прочетете още
The Chinese authorities are preparing to increase duties on car imports amid escalating trade... Прочетете още
Estonia, the Netherlands, the Czech Republic and Sweden have proposed to the European Union to... Прочетете още
The recently adopted law on «foreign agents» in Georgia has shaken investor sentiment, causing e... Прочетете още
The US Congress is concerned about the gradual abandonment of the dollar. Republican Thomas Massey... Прочетете още
At its first Build conference, Microsoft announced its intention to show modern hardware and... Прочетете още
Turkish Finance Minister Mehmet Shimshek expressed confidence that the depreciation of the Turkish... Прочетете още
Gold prices reached an all-time high on Monday in Asian trading due to rising geopolitical tensions... Прочетете още
Iranian President Ebrahim Raisi killed in a plane crash. The Iranian Foreign Minister and the... Прочетете още
In the first quarter of 2024, China gave way to the United States as Germany's main trading... Прочетете още
Russia has updated the minimum for the use of the dollar and the euro in foreign trade. The share... Прочетете още
Russian oil continues to enter the European Union, despite the oil embargo imposed on Russia in... Прочетете още
Chinese consumers are temporarily avoiding purchases of Russian aluminum. As a result of the... Прочетете още
European futures, Asian stock indexes and regional currencies began to rise after the publication... Прочетете още
The limit on the use of NWF funds may be increased from 4.2 trillion to 6 trillion rubles. The... Прочетете още
According to strategists at Swiss bank UBS, the US S&P 500 index may reach 5,500 points this... Прочетете още
The United States and Europe continue to argue about the terms of use of frozen assets of the... Прочетете още
US President Joe Biden has signed a law banning the import of uranium from Russia, according to a... Прочетете още
Quarterly earnings reports for S&P 500 companies were generally positive, with one key... Прочетете още
The administration of US President Joe Biden announced an increase in duties on a wide range of... Прочетете още
Global copper prices have peaked in two years, rising by about 28% in the last two months.Following... Прочетете още
The policy of the Central Bank of the Russian Federation is becoming more and more stringent. In... Прочетете още
The United States is going to impose a 100% duty on imports of Chinese electric vehicles and... Прочетете още
The leaders of the Eurasian Economic Union (EAEU) countries have approved the start of negotiations... Прочетете още
The trade turnover between Russia and China increased by 4.7% in January-April this year, according... Прочетете още
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