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 European Union, following the United States, plans to increase duties on Chinese cars.Last... Read More
Japan is expanding sanctions against Russia, accusing the country of receiving weapons from the... Read More
On Thursday afternoon, oil prices began to rise, recovering from three consecutive sessions of... Read More
In a desire to speed up the de-dollarization process, in the first quarter of the year, China sold... Read More
According to the minutes of the last meeting of the Federal Open Market Committee (FOMC), a number... Read More
The ruble will strengthen to 88 per dollar, but not for long. Experts believe that the current... Read More
The Chinese authorities are preparing to increase duties on car imports amid escalating trade... Read More
Estonia, the Netherlands, the Czech Republic and Sweden have proposed to the European Union to... Read More
The recently adopted law on «foreign agents» in Georgia has shaken investor sentiment, causing e... Read More
The US Congress is concerned about the gradual abandonment of the dollar. Republican Thomas Massey... Read More
At its first Build conference, Microsoft announced its intention to show modern hardware and... Read More
Turkish Finance Minister Mehmet Shimshek expressed confidence that the depreciation of the Turkish... Read More
Gold prices reached an all-time high on Monday in Asian trading due to rising geopolitical tensions... Read More
Iranian President Ebrahim Raisi killed in a plane crash. The Iranian Foreign Minister and the... Read More
In the first quarter of 2024, China gave way to the United States as Germany's main trading... Read More
Russia has updated the minimum for the use of the dollar and the euro in foreign trade. The share... Read More
Russian oil continues to enter the European Union, despite the oil embargo imposed on Russia in... Read More
Chinese consumers are temporarily avoiding purchases of Russian aluminum. As a result of the... Read More
European futures, Asian stock indexes and regional currencies began to rise after the publication... Read More
The limit on the use of NWF funds may be increased from 4.2 trillion to 6 trillion rubles. The... Read More
According to strategists at Swiss bank UBS, the US S&P 500 index may reach 5,500 points this... Read More
The United States and Europe continue to argue about the terms of use of frozen assets of the... Read More
US President Joe Biden has signed a law banning the import of uranium from Russia, according to a... Read More
Quarterly earnings reports for S&P 500 companies were generally positive, with one key... Read More
The administration of US President Joe Biden announced an increase in duties on a wide range of... Read More
Global copper prices have peaked in two years, rising by about 28% in the last two months.Following... Read More
The policy of the Central Bank of the Russian Federation is becoming more and more stringent. In... Read More
The United States is going to impose a 100% duty on imports of Chinese electric vehicles and... Read More
The leaders of the Eurasian Economic Union (EAEU) countries have approved the start of negotiations... Read More
The trade turnover between Russia and China increased by 4.7% in January-April this year, according... Read More
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