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 share of exports of goods and services as part of Russian GDP in 2023 reached a record low... Прочетете още
April began with positive dynamics in the oil market: at the moment, Brent quotations rose to the... Прочетете още
Gold, which ended trading at a historic high on Thursday, continues to rise on Monday amid... Прочетете още
Sales of Russian gas for rubles brought the country an income of 2.3 trillion rubles. According to... Прочетете още
According to an estimate by the U.S. Energy Information Administration (EIA), the collapse of a... Прочетете още
On Friday, oil prices continued to rise, ending the first quarter with a steady increase. The... Прочетете още
Yandex N.V. has completed the internal reorganization of the group. A final agreement has been... Прочетете още
JPMorgan Chase investment bank warns that the end of the five-month rally in the US stock market... Прочетете още
According to the UK's National Statistics Office (ONS), the country's economy contracted by 0.3% in... Прочетете още
New problems of Russian oil: millions of barrels of domestic diesel are not accepted in Brazil.... Прочетете още
Five German research institutes have significantly revised their forecast for German GDP growth for... Прочетете още
The Central Bank of Sweden (Riksbank) decided at its meeting on Wednesday to keep the key interest... Прочетете още
Oil prices declined on Wednesday after the publication of data from the American Petroleum... Прочетете още
The yen's exchange rate against the US dollar has reached its lowest since 1990 amid expectations... Прочетете още
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross... Прочетете още
This month, at least five North Korean tankers with petroleum products were spotted leaving the... Прочетете още
According to the London ICE Exchange, cocoa bean prices have reached a new historical high. For the... Прочетете още
The dollar began to rise again against the Turkish lira after the unexpected decision of the... Прочетете още
Bitcoin has returned to the area above $71 thousand. A day earlier, investment guru Jim Roger said... Прочетете още
Analysts at the Goldman Sachs Group bank predict that the American S&P 500 stock index may... Прочетете още
Oil prices began to rise sharply on Monday amid heightened geopolitical tensions and worries about... Прочетете още
After the withdrawal of the Binance crypto exchange from Russia in September 2023, CommEX became... Прочетете още
On the evening of March 22, a terrorist attack took place in the Crocus City Hall in Krasnogorsk,... Прочетете още
According to the Ministry of Internal Affairs and Communications of Japan, consumer inflation in... Прочетете още
The Russian government has proposed to prioritize the transportation of fuel by rail over other... Прочетете още
The Central Bank of Turkey has decided to raise the key interest rate by 500 basis points, setting... Прочетете още
Following the results of today's meeting, the Bank of England left the key interest rate at 5.25%,... Прочетете още
After a temporary lull, copper prices resumed their upward trend following the confirmation by the... Прочетете още
The US Federal Reserve has decided not to change the interest rate, leaving it at 5.25-5.5%. This... Прочетете още
The Fed kept its key rate at 5.5%. Jerome Powell said that a rate hike could stifle the country's... Прочетете още
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