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
Despite the fact that the latest economic indicators from the United States turned out to be better... Прочетете още
On Monday, the yuan showed the most significant growth in two weeks, reaching 7.1363 per dollar,... Прочетете още
Gold is holding at a record high above $2,500 per ounce. The current value of the precious metal is... Прочетете още
The slowdown of YouTube in Russia has caused an increase in interest in foreign video hosting.... Прочетете още
JPMorgan forecasts favorable prospects for emerging market (EM) stocks amid an expected slowdown in... Прочетете още
Foreign stocks may return to the Russian market in an unusual form. BKS Forex and Alfa-Forex want... Прочетете още
On Wednesday, the stock indexes of the leading countries of Western Europe ended trading in... Прочетете още
The Japanese economy showed signs of recovery in the second quarter of 2024, growing by 0.8%... Прочетете още
Gold prices rose in Asian trading on Thursday, coming close to record highs. Weaker-than-expected... Прочетете още
According to the Institute of Statistics, in July 2024, the consumer price index in Argentina... Прочетете още
Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The... Прочетете още
The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Прочетете още
German companies continue to invest heavily in China, despite government calls to diversify risks.... Прочетете още
The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Прочетете още
In July 2024, the US federal budget deficit reached $243.7 billion, which is 10.4% more than in... Прочетете още
India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Прочетете още
Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Прочетете още
Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Прочетете още
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Прочетете още
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Прочетете още
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Прочетете още
According to a Bank of America report, during a week of falling stock markets, cash has become the... Прочетете още
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Прочетете още
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Прочетете още
Russian banks began to raise interest rates on loans following the change in the key rate.... Прочетете още
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Прочетете още
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Прочетете още
The foreign trade of Russia and China under the pressure of sanctions may switch to barter schemes... Прочетете още
Hezbollah may strike Israel in the coming days. According to CNN, citing sources familiar with the... Прочетете още
On the one hand, the country's foreign exchange reserves have reached a new high since the... Прочетете още
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