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 Statistical Office of the European Union (Eurostat) has published final data on eurozone GDP... Více
The period of bitcoin's rapid growth seems to have come to an unexpected end. Many experts and... Více
In July 2024, industrial production in Germany decreased by 2.4% compared to June, according to the... Více
The launch of a platform for mutual settlements within the framework of BRICS is at the stage of... Více
The European Central Bank plans to reduce the deposit rate by 25 basis points at a meeting to be... Více
JPMorgan Chase & Co. experts have revised their position on the Chinese stock market from «buy» ... Více
The German manufacturing industry is facing serious challenges that could lead to massive job cuts.... Více
On Thursday, oil prices began to rise amid reports from the American Petroleum Institute (API)... Více
The exchange yuan soared by 5% due to cosmic bets on its attraction. RUSFAR CNY – the rate of s... Více
Investors may face a difficult period in the next eight weeks. Some experts predict a 7-10% drop in... Více
The German government plans to sell part of its shares in Commerzbank, the country's fourth largest... Více
The US stock market fell sharply on Tuesday under pressure from weak economic data, which increased... Více
The Chinese economy, long considered the engine of global growth, is now facing a serious downturn.... Více
The Eastern Economic Forum continues, and Vladimir Putin arrived at it today. The President... Více
The second quarter of reporting in the United States is coming to an end, and the S&P 500 has... Více
September is traditionally considered an unfavorable month for bitcoin, but this year everything... Více
The Eastern Economic Forum starts today, which will be held for the ninth time on Russian Island in... Více
The United Arab Emirates, which recently became full members of the BRICS, intends to increase... Více
In the fall, central banks around the world intend to end the era of high interest rates that began... Více
Gold prices declined on Monday under pressure from the strengthening dollar. Investors are closely... Více
On Monday, oil prices declined against the background of statistics from China, indicating an... Více
The Moscow Exchange does not plan to launch trading in digital currencies. The platform refused to... Více
China, long considered the engine of the global economy, is now experiencing a decline in consumer... Více
Stock indexes of the largest countries in Western Europe ended trading higher on Thursday, boosted... Více
The Statistical Office of the European Union reported a decrease in unemployment in the eurozone in... Více
In London, a 67-year-old man became the first patient to receive a lung cancer vaccine called... Více
The U.S. Department of Commerce revised economic growth data for the second quarter and reported... Více
On Thursday, the US dollar recovered from its recent fall, rebounding from a 13-month low. The... Více
Gold prices rose steadily in Asian trading on Thursday, remaining near record highs. The dollar's... Více
A debt market crisis is brewing in China: the yield on 10-year bonds has reached a historic low due... Více
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