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
Oil prices continued to decline on Wednesday, reaching a level below $81 per barrel for the first... Read More
The Reserve Bank of Australia (RBA) has raised its key interest rate by 25 basis points – from 4.1% ... Read More
According to the Wall Street Journal, the oil price restrictions set by the G7 countries are... Read More
At the beginning of the new trading week, oil prices are going up after showing a decline last... Read More
Hungary is under the close attention of European countries and is becoming more and more «lonely» i... Read More
In October, Russia set a new record for the export of diesel fuel to Brazil, despite a number of... Read More
On Friday morning, benchmark oil prices are going up, recovering from a decline to two-week... Read More
The new, 56th, Speaker of the US House of Representatives was Representative from the Republican... Read More
In the third quarter, US GDP showed growth of 4.9% year-on-year, according to the initial estimate... Read More
Analysts say that US economic growth will not save the country from problems with a huge national... Read More
The European Central Bank decided not to change its key rates at today's meeting. It is worth... Read More
As a rule, European markets actively react to corporate news, which provides investors with an... Read More
European stock markets on Thursday showed negative dynamics against the background of quarterly... Read More
On Wednesday, the Bank of Canada kept its key rate at 5% per annum, which is the highest since... Read More
The United States is not going to return duties on European steel, established in 2018 by... Read More
On Wednesday morning, oil prices continued to decline due to some easing of fears of an immediate... Read More
Business activity in the private sector of the eurozone in the last quarter of 2023 showed... Read More
Bitcoin briefly reached $35,208 today, after which it lost some in price and is now trading around... Read More
The yield on 10-year US Treasury bonds rose above 5% for the first time since 2007. The weekly rise... Read More
The EU authorities are considering the possibility of extending the temporary restriction on gas... Read More
The European Bank for Reconstruction and Development (EBRD) has sold its stake in the Moscow Stock... Read More
Latvian President Edgars Rinkevics proposed to close the Baltic Sea to all Russian ships if the... Read More
OpenAI, the company that developed the popular chatbot ChatGPT, has started negotiations with... Read More
According to the German Federal Statistical Office, producer prices in Germany in September showed... Read More
On Friday morning, benchmark oil prices continued their growth, ending the week at monthly highs,... Read More
The number of Americans who applied for unemployment benefits for the first time last week... Read More
Russian Ambassador to Australia Alexey Pavlovsky called the bilateral relations between the two... Read More
The shares of the streaming service Netflix today showed an impressive growth in post-trading,... Read More
The United States has decided to temporarily suspend sanctions against Venezuela's oil and gas... Read More
On Thursday, oil prices are declining due to news about the easing of US sanctions against the oil... Read More
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