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