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
In 2023, Argentina faced a serious increase in inflation, which turned out to be the most... Více
Oil prices are rising on Friday morning amid rising tensions in the Middle East. The current price... Více
In December, consumer prices in the United States (CPI) increased by 3.4% compared to December of... Více
According to trading data, the dollar exchange rate against the Turkish lira has reached a historic... Více
In October 2023, the United States resumed importing Russian oil after a break of 1.5 years,... Více
The U.S. Securities and Exchange Commission (SEC) has approved the country's first exchange-traded... Více
If Ecuador has difficulties exporting oil due to the current unrest in the country, this could lead... Více
According to the Financial Times, investors' optimism about the active reduction of interest rates... Více
Trade turnover between Russia and Brazil increased significantly in December last year, reaching... Více
The People's Bank of China has expressed its intention to actively promote the internationalization... Více
The Swiss National Bank (SNB) has announced a net loss of 3 billion francs ($3.5 billion) for 2023,... Více
Japan's Nikkei 225 index has reached a historic high recorded for more than 33 years. This index,... Více
Today, the bitcoin exchange rate has reached a level above $47 thousand for the first time since... Více
Now the banks of Russia and Iran have the opportunity to carry out transactions directly, as both... Více
From the beginning of February, Saudi Arabia will reduce the price of its oil in all regions of the... Více
The Libyan National Oil Corporation (NOC) has declared force majeure on the country's largest... Více
Argentine President Javier Miley has sent official letters to Russian President Vladimir Putin and... Více
The volume of China's economy by the end of 2022 amounted to 120 trillion 472.4 billion yuan ($17... Více
On Friday morning, Brent oil prices are within the «sideways» range of $77.20-77.90 per barrel. In y... Více
If changes are not made and the US government debt is not reduced, then in about 20 years it will... Více
Experts believe that OPEC+ will not be able to reduce production enough to raise oil prices above... Více
The US stock market began the last trading week of the year with growth, despite a shortened... Více
Oil prices are slightly declining after reaching December highs in yesterday's trading session.... Více
The Conference Board predicts that the Chinese economic recovery is unlikely to reach pre-pandemic... Více
Relations between China and Saudi Arabia continue to improve – this became even more obvious after t... Více
In November of this year, the share of the Chinese yuan in international settlements reached 4.61%,... Více
On Thursday, in Asian trading, gold prices remained almost unchanged, strengthening in the... Více
Shares of the Japanese car company Toyota are showing a significant decline – the most significant i... Více
BlackRock, one of the largest asset managers in the world, has made changes to its proposed bitcoin... Více
Experts from Ned Davis Research express concerns about the American stock market next year,... Více
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