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Latest Economic News

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

Latest Economic News

BRICS on the way to leadership in world trade

All News

The day of the US Federal Reserve meeting

Inflation in the UK in February slowed to the lowest since September 2021

Brent fell to $86.60 per barrel after rising to the highest since October

Main events by the morning: March 20

Nvidia has introduced a new generation of chips for working with AI

Cuba supports the «MIR» card, Armenia refuses it

The Bank of Japan has raised the key rate for the first time since 2007

Main events by the morning: March 19

Inflation in the eurozone slowed to 2.6% in February, as expected

Solana exceeded $200: the coin has already entered the top-4 cryptocurrencies

Oil continues to rise in price after 4%-growth last week

Bitcoin has plummeted after historic highs

Adobe shares fell by 11?ter a weak forecast

The metal market is stable at the end of the week

Solana and BNB cryptocurrencies have risen to their highest values in two years

Brent crude oil rose above $84.50 per barrel

Tesla has fallen back to 12th place in terms of capitalization in the United States

Oil has started to grow steadily

Wall Street opened higher after the release of inflation data

Iran is ready to resume negotiations with Europe on the JCPOA

The Argentine Central Bank lowered the key rate from 100% to 80%

German inflation slowed to 2.7% in February

The slow decline in inflation in the United States helps to keep the Fed's rate at a high level

Eurozone GDP did not change in the IV quarter, but grew by 0.4% over the past year

The ECB has kept the rate at a record high level for the fourth time in a row

The «bullish» rally in gold goes on

What is behind the unexpected synchronicity of Bitcoin and Gold in reaching record highs

Shares of the Magnificent Seven fell by $233 billion in a day

Australia's GDP grew by 0.2% in the fourth quarter, at least for 5 quarters

The bitcoin exchange rate has set a historical maximum at $69 thousand