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Aktuelle Wirtschaftsnachrichten

BRICS on the way to leadership in world trade

November, 02 2024

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... Read More

Aktuelle Wirtschaftsnachrichten

BRICS on the way to leadership in world trade

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Oil is moderately declining after morning growth

The Hong Kong Court approved the liquidation of the developer Evergrande

Oil prices end the week with the highest increase since October

US GDP grew by 3.3% in the fourth quarter

The ECB has left all three key interest rates unchanged

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Products from Asia may significantly rise in price in Europe

India has become the fourth largest securities market in the world

The Bank of Japan has maintained the monetary policy parameters and lowered the inflation forecast in 2024

The price of Brent oil dropped to $79.4 after a jump the day before

Analysts: The European Union will stagnate in 2024

Chinese shares in Hong Kong fell to the lowest level since 2005

Large reserves of the «metal of the future» have been discovered in Asia

Retail sales in Britain fell by 3.2% m/m in December – the most in three years

Google will allocate $1 billion for the construction of a data center in the UK

Inflation in Japan slowed to 2.6% in December

China became more active in buying Russian oil due to disputes with Iran

Brent crude oil rose to $78.30 per barrel

The head of the ECB allowed a reduction in key rates in the summer

Inflation in the eurozone accelerated in December for the first time since April

Bitcoin ETFs have raised almost $1 billion in two days of trading

Experts: the situation on the world market resembles a bullish 2020

India named the retention of oil prices as its merit

China's GDP grew by about 5.2% in 2023

Gold prices have fallen while the dollar is recovering

German GDP in 2023 decreased for the first time since 2020

Inflation in Germany accelerated to 3.8% in December

Deutsche Bank predicts a sharp strengthening of the dollar in 2024

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