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
Oil prices continued to decline on Wednesday, reaching a level below $81 per barrel for the first... Více
The Reserve Bank of Australia (RBA) has raised its key interest rate by 25 basis points – from 4.1% ... Více
According to the Wall Street Journal, the oil price restrictions set by the G7 countries are... Více
At the beginning of the new trading week, oil prices are going up after showing a decline last... Více
Hungary is under the close attention of European countries and is becoming more and more «lonely» i... Více
In October, Russia set a new record for the export of diesel fuel to Brazil, despite a number of... Více
On Friday morning, benchmark oil prices are going up, recovering from a decline to two-week... Více
The new, 56th, Speaker of the US House of Representatives was Representative from the Republican... Více
In the third quarter, US GDP showed growth of 4.9% year-on-year, according to the initial estimate... Více
Analysts say that US economic growth will not save the country from problems with a huge national... Více
The European Central Bank decided not to change its key rates at today's meeting. It is worth... Více
As a rule, European markets actively react to corporate news, which provides investors with an... Více
European stock markets on Thursday showed negative dynamics against the background of quarterly... Více
On Wednesday, the Bank of Canada kept its key rate at 5% per annum, which is the highest since... Více
The United States is not going to return duties on European steel, established in 2018 by... Více
On Wednesday morning, oil prices continued to decline due to some easing of fears of an immediate... Více
Business activity in the private sector of the eurozone in the last quarter of 2023 showed... Více
Bitcoin briefly reached $35,208 today, after which it lost some in price and is now trading around... Více
The yield on 10-year US Treasury bonds rose above 5% for the first time since 2007. The weekly rise... Více
The EU authorities are considering the possibility of extending the temporary restriction on gas... Více
The European Bank for Reconstruction and Development (EBRD) has sold its stake in the Moscow Stock... Více
Latvian President Edgars Rinkevics proposed to close the Baltic Sea to all Russian ships if the... Více
OpenAI, the company that developed the popular chatbot ChatGPT, has started negotiations with... Více
According to the German Federal Statistical Office, producer prices in Germany in September showed... Více
On Friday morning, benchmark oil prices continued their growth, ending the week at monthly highs,... Více
The number of Americans who applied for unemployment benefits for the first time last week... Více
Russian Ambassador to Australia Alexey Pavlovsky called the bilateral relations between the two... Více
The shares of the streaming service Netflix today showed an impressive growth in post-trading,... Více
The United States has decided to temporarily suspend sanctions against Venezuela's oil and gas... Více
On Thursday, oil prices are declining due to news about the easing of US sanctions against the oil... Více
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