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 total amount of public debt in the world will exceed the $100 trillion mark for the first time... Více
Barter is returning: the Ural customs has completed the first transaction with a Chinese company.... Více
For the European economy, the risks associated with the upcoming US elections on November 5... Více
The 2024 Nobel Prize in Economics has been awarded to three outstanding economists: Daron Ajemoglu,... Více
The economy of Germany, Europe's largest economy, is facing a mild recession. Analysts forecast a... Více
On Monday, gold prices declined under the influence of a strengthening dollar. Investors are... Více
Non-residents actively withdrew funds from the Russian stock market in the second quarter. The... Více
Oil prices showed a moderate decline on Friday, but maintained positive dynamics, aiming for a... Více
Tesla shares fell 5.7% on Friday after the disappointing presentation of the Cybercab concept... Více
According to operational data from the Office for National Statistics, published on Friday, the... Více
Putin arrived in Turkmenistan on a working visit. In addition to participating in the forum... Více
Options markets are foreshadowing the euro's most significant weekly drop since July. This is... Více
On Thursday, gold prices show moderate growth, awaiting the publication of key data on inflation in... Více
US stock indexes showed significant growth, with the Dow Jones Industrial Average and Standard... Více
Russia's economic growth will slow to 1.1% in 2025, economist Alexander Isakov predicts. According... Více
The recent surge in interest in artificial intelligence has led to a meteoric rise in Nvidia... Více
On Wednesday, Chinese stocks posted their biggest drop in four years amid growing investor... Více
Bank of America forecasts moderate growth in both the core and core consumer price index in... Více
«Russian Post» has launched a money transfer service to Turkey. The money will be available in T... Více
Google is actively exploring the possibility of using nuclear energy to power its data centers,... Více
Brussels is preparing to issue medium- and long-term bonds worth €10 billion ($11 billion) to raise ... Více
On Tuesday, oil declined from the area of local highs, as investors began to take profits after a... Více
Starting this week, China will introduce temporary anti-dumping measures against brandy imported... Více
US Vice President Kamala Harris has ruled out the possibility of talks with Russian President... Více
The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its... Více
Strong US employment data released last Friday dramatically changed the mood in financial markets.... Více
French Prime Minister Michel Barnier expressed deep concern about the high risk of a financial... Více
Syria wants to join the BRICS and has already applied for membership. The issue of further... Více
The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support... Více
Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Více
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