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 on Friday showed the largest weekly increase in more than a year, helped by heightened... Více
Diamond exports from Russia may decrease by 17%, reaching $3.19 billion. This is facilitated by a... Více
The SWIFT international system plans to start testing transactions with tokenized assets and... Více
Oil prices continue to rise after yesterday's sharp collapse to the level of $73.65 per barrel. The... Více
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Více
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Více
Financial markets remain at risk of a sharp correction, the Bank of England warned on Wednesday,... Více
Saudi Arabia's oil minister has warned that oil prices could drop to $50 per barrel if OPEC+... Více
The bitcoin exchange rate stabilized at trading on Wednesday after falling by almost 3% the day... Více
There is an extremely serious escalation in the Middle East. Last night, Iran responded with a... Více
Iran's missile attack against Israel will be carried out in the next few hours, the American... Více
According to preliminary data from Eurostat, in September 2024, inflation in the eurozone fell to... Více
Kazakhstan is negotiating to increase natural gas exports to China, including possible supply... Více
The US economy remains strong, and the Federal Reserve System (Fed) intends to maintain it in this... Více
Chinese goods are disappearing from Russian marketplaces. By the end of August, the share of... Více
On Monday, gold prices declined, nevertheless remaining near the record values reached last week.... Více
Since the beginning of September, bitcoin has risen in price by 12.3%, which was the best dynamics... Více
In 2025, the world's central banks will switch their focus from fighting inflation to stimulating... Více
According to the official report, the index of personal consumption expenditures (PCE) in the... Více
The probability of a reduction in key interest rates by the European Central Bank in October... Více
The Discord messenger can be completely blocked in Russia. Roskomnadzor has issued five new... Více
Against the background of news about a possible increase in Saudi Arabia's oil production,... Více
HSBC analysts believe that, despite the current easing of monetary policy by the Federal Reserve,... Více
U.S. economic growth in the second quarter was 3% year-on-year, which exceeded Wall Street... Více
Gold and silver prices reached historic highs on Thursday. December gold futures exceeded the... Více
Putin held the first public meeting of the Russian Security Council on nuclear deterrence and... Více
Analysts believe that after the recent decline in crude oil prices, the situation may soon change... Více
The Personal Consumption Expenditure Index (PCE), which the US Federal Reserve (Fed) uses as the... Více
Gold is still far from record highs. JPMorgan predicts that the price of gold could rise to $2,850... Více
Imports of liquefied natural gas (LNG) from Russia to the Netherlands' main terminal in Rotterdam... Více
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