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