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 Statistical Office of the European Union (Eurostat) has published final data on eurozone GDP... Прочетете още
The period of bitcoin's rapid growth seems to have come to an unexpected end. Many experts and... Прочетете още
In July 2024, industrial production in Germany decreased by 2.4% compared to June, according to the... Прочетете още
The launch of a platform for mutual settlements within the framework of BRICS is at the stage of... Прочетете още
The European Central Bank plans to reduce the deposit rate by 25 basis points at a meeting to be... Прочетете още
JPMorgan Chase & Co. experts have revised their position on the Chinese stock market from «buy» ... Прочетете още
The German manufacturing industry is facing serious challenges that could lead to massive job cuts.... Прочетете още
On Thursday, oil prices began to rise amid reports from the American Petroleum Institute (API)... Прочетете още
The exchange yuan soared by 5% due to cosmic bets on its attraction. RUSFAR CNY – the rate of s... Прочетете още
Investors may face a difficult period in the next eight weeks. Some experts predict a 7-10% drop in... Прочетете още
The German government plans to sell part of its shares in Commerzbank, the country's fourth largest... Прочетете още
The US stock market fell sharply on Tuesday under pressure from weak economic data, which increased... Прочетете още
The Chinese economy, long considered the engine of global growth, is now facing a serious downturn.... Прочетете още
The Eastern Economic Forum continues, and Vladimir Putin arrived at it today. The President... Прочетете още
The second quarter of reporting in the United States is coming to an end, and the S&P 500 has... Прочетете още
September is traditionally considered an unfavorable month for bitcoin, but this year everything... Прочетете още
The Eastern Economic Forum starts today, which will be held for the ninth time on Russian Island in... Прочетете още
The United Arab Emirates, which recently became full members of the BRICS, intends to increase... Прочетете още
In the fall, central banks around the world intend to end the era of high interest rates that began... Прочетете още
Gold prices declined on Monday under pressure from the strengthening dollar. Investors are closely... Прочетете още
On Monday, oil prices declined against the background of statistics from China, indicating an... Прочетете още
The Moscow Exchange does not plan to launch trading in digital currencies. The platform refused to... Прочетете още
China, long considered the engine of the global economy, is now experiencing a decline in consumer... Прочетете още
Stock indexes of the largest countries in Western Europe ended trading higher on Thursday, boosted... Прочетете още
The Statistical Office of the European Union reported a decrease in unemployment in the eurozone in... Прочетете още
In London, a 67-year-old man became the first patient to receive a lung cancer vaccine called... Прочетете още
The U.S. Department of Commerce revised economic growth data for the second quarter and reported... Прочетете още
On Thursday, the US dollar recovered from its recent fall, rebounding from a 13-month low. The... Прочетете още
Gold prices rose steadily in Asian trading on Thursday, remaining near record highs. The dollar's... Прочетете още
A debt market crisis is brewing in China: the yield on 10-year bonds has reached a historic low due... Прочетете още
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