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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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Industrial production in Germany unexpectedly decreased by 0.4% in October

The oil market is at multi-month lows

The Central Bank of Australia expected to leave the rate at 4.35%

India's stock market achieves $4 trillion market capitalization

The Turkish lira has collapsed to a new historical low

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Canada's GDP in the third quarter unexpectedly fell by 1.1%

OPEC+ countries agreed to further reduce oil production by 2 million b/d

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Inflation in the eurozone in November slowed to the lowest since July 2021

Bitcoin set a record since the beginning of the year

Gold prices soared to almost a 7-month high

Media: OPEC+ meeting may be postponed again

Crypto industry news: record investment growth recorded

The price of gold has reached a maximum in six months

Americans spent a record $9.8 billion online on Black Friday

Economic Calendar | November 27 – December 1

Mexico's economic growth exceeded forecasts in the third quarter

Amazon workers staged strikes across Europe on Black Friday

The ECB will take a break to assess the impact of the rate hike

Inflation in Japan in October accelerated to the highest in three months

The Netherlands may withdraw from the European Union

Oil is getting cheaper on the news about the OPEC+ meeting postponement

Altman will return to OpenAI as CEO

Binance CEO quits after pleading guilty

The US stock market and the reporting of American companies

Brent is stable above $82 per barrel

Most Fed officials fear a new round of inflation