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 share of exports of goods and services as part of Russian GDP in 2023 reached a record low... Read More
April began with positive dynamics in the oil market: at the moment, Brent quotations rose to the... Read More
Gold, which ended trading at a historic high on Thursday, continues to rise on Monday amid... Read More
Sales of Russian gas for rubles brought the country an income of 2.3 trillion rubles. According to... Read More
According to an estimate by the U.S. Energy Information Administration (EIA), the collapse of a... Read More
On Friday, oil prices continued to rise, ending the first quarter with a steady increase. The... Read More
Yandex N.V. has completed the internal reorganization of the group. A final agreement has been... Read More
JPMorgan Chase investment bank warns that the end of the five-month rally in the US stock market... Read More
According to the UK's National Statistics Office (ONS), the country's economy contracted by 0.3% in... Read More
New problems of Russian oil: millions of barrels of domestic diesel are not accepted in Brazil.... Read More
Five German research institutes have significantly revised their forecast for German GDP growth for... Read More
The Central Bank of Sweden (Riksbank) decided at its meeting on Wednesday to keep the key interest... Read More
Oil prices declined on Wednesday after the publication of data from the American Petroleum... Read More
The yen's exchange rate against the US dollar has reached its lowest since 1990 amid expectations... Read More
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross... Read More
This month, at least five North Korean tankers with petroleum products were spotted leaving the... Read More
According to the London ICE Exchange, cocoa bean prices have reached a new historical high. For the... Read More
The dollar began to rise again against the Turkish lira after the unexpected decision of the... Read More
Bitcoin has returned to the area above $71 thousand. A day earlier, investment guru Jim Roger said... Read More
Analysts at the Goldman Sachs Group bank predict that the American S&P 500 stock index may... Read More
Oil prices began to rise sharply on Monday amid heightened geopolitical tensions and worries about... Read More
After the withdrawal of the Binance crypto exchange from Russia in September 2023, CommEX became... Read More
On the evening of March 22, a terrorist attack took place in the Crocus City Hall in Krasnogorsk,... Read More
According to the Ministry of Internal Affairs and Communications of Japan, consumer inflation in... Read More
The Russian government has proposed to prioritize the transportation of fuel by rail over other... Read More
The Central Bank of Turkey has decided to raise the key interest rate by 500 basis points, setting... Read More
Following the results of today's meeting, the Bank of England left the key interest rate at 5.25%,... Read More
After a temporary lull, copper prices resumed their upward trend following the confirmation by the... Read More
The US Federal Reserve has decided not to change the interest rate, leaving it at 5.25-5.5%. This... Read More
The Fed kept its key rate at 5.5%. Jerome Powell said that a rate hike could stifle the country's... Read More
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