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
According to a report by the National Statistical Office of the United Kingdom, consumer prices in... Read More
According to government data, in November, for the first time, Pakistan paid for the supply of... Read More
For the period from January to November 2023, Russia continues to be the leader in oil supplies to... Read More
According to the statistical office of the European Union Eurostat, in November consumer prices in... Read More
Brent oil prices remained stable at $78 per barrel on Tuesday after rising to a local high of... Read More
The Bank of Japan has decided to leave unchanged the main parameters of its monetary policy after... Read More
The American company Adobe Inc. She refused the deal to purchase the owner of the Figma interface... Read More
The EU authorities are considering the possibility of depriving Hungary of the right to vote in... Read More
The price of oil is rising on Monday amid concerns about possible disruptions in the supply of raw... Read More
The UK has announced the introduction of a new package of sanctions against Russia, which includes... Read More
Oil prices continued to rise on Friday after rising 3% in previous trading, ending the first week... Read More
The European Central Bank did not change key interest rates after Thursday's meeting.According to... Read More
Oil prices continue to recover after falling to the lows marked more than 6 months ago. The current... Read More
The US Federal Reserve System (FRS) has decided for the third time in a row to leave the base... Read More
The devaluation of the peso in Argentina has already become a common practice among right-wing... Read More
Today, gold prices continue to hold below the important $2,000 level, as investors have become more... Read More
According to Bloomberg News, Elon Musk's company SpaceX plans to sell its shares at a price of $97... Read More
The Argentine authorities decided to devalue the official exchange rate of the national currency of... Read More
Oil prices continue to decline under pressure from concerns about weakening energy demand and amid... Read More
According to IMF representative Gita Gopinath, the United States and China risk starting a «new ... Read More
The central bank of Argentina has decided to limit access to dollars at the official exchange rate... Read More
The index of economic expectations of investors and analysts in Germany for the next six months,... Read More
China announced the introduction of zero import duties for 98% of goods from Angola, Zambia, the... Read More
According to a report published on the website of the United Nations Conference on Trade and... Read More
The S&P 500 index continues to show growth, having updated the record levels of the year.... Read More
Progress in negotiations on the resumption of the Black Sea grain initiative is unlikely in the... Read More
In November, consumer prices (CPI) in China decreased by 0.5% year-on-year, which is the maximum... Read More
According to Destatis, in November 2023, consumer prices in Germany, harmonized with European Union... Read More
Oil prices continue to decline and are likely to end the week in the red. Brent crude oil prices... Read More
In November, the volume of Chinese exports increased for the first time in six months, and this is... Read More