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 total amount of public debt in the world will exceed the $100 trillion mark for the first time... Прочетете още
Barter is returning: the Ural customs has completed the first transaction with a Chinese company.... Прочетете още
For the European economy, the risks associated with the upcoming US elections on November 5... Прочетете още
The 2024 Nobel Prize in Economics has been awarded to three outstanding economists: Daron Ajemoglu,... Прочетете още
The economy of Germany, Europe's largest economy, is facing a mild recession. Analysts forecast a... Прочетете още
On Monday, gold prices declined under the influence of a strengthening dollar. Investors are... Прочетете още
Non-residents actively withdrew funds from the Russian stock market in the second quarter. The... Прочетете още
Oil prices showed a moderate decline on Friday, but maintained positive dynamics, aiming for a... Прочетете още
Tesla shares fell 5.7% on Friday after the disappointing presentation of the Cybercab concept... Прочетете още
According to operational data from the Office for National Statistics, published on Friday, the... Прочетете още
Putin arrived in Turkmenistan on a working visit. In addition to participating in the forum... Прочетете още
Options markets are foreshadowing the euro's most significant weekly drop since July. This is... Прочетете още
On Thursday, gold prices show moderate growth, awaiting the publication of key data on inflation in... Прочетете още
US stock indexes showed significant growth, with the Dow Jones Industrial Average and Standard... Прочетете още
Russia's economic growth will slow to 1.1% in 2025, economist Alexander Isakov predicts. According... Прочетете още
The recent surge in interest in artificial intelligence has led to a meteoric rise in Nvidia... Прочетете още
On Wednesday, Chinese stocks posted their biggest drop in four years amid growing investor... Прочетете още
Bank of America forecasts moderate growth in both the core and core consumer price index in... Прочетете още
«Russian Post» has launched a money transfer service to Turkey. The money will be available in T... Прочетете още
Google is actively exploring the possibility of using nuclear energy to power its data centers,... Прочетете още
Brussels is preparing to issue medium- and long-term bonds worth €10 billion ($11 billion) to raise ... Прочетете още
On Tuesday, oil declined from the area of local highs, as investors began to take profits after a... Прочетете още
Starting this week, China will introduce temporary anti-dumping measures against brandy imported... Прочетете още
US Vice President Kamala Harris has ruled out the possibility of talks with Russian President... Прочетете още
The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its... Прочетете още
Strong US employment data released last Friday dramatically changed the mood in financial markets.... Прочетете още
French Prime Minister Michel Barnier expressed deep concern about the high risk of a financial... Прочетете още
Syria wants to join the BRICS and has already applied for membership. The issue of further... Прочетете още
The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support... Прочетете още
Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Прочетете още
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