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 on Friday showed the largest weekly increase in more than a year, helped by heightened... Read More
Diamond exports from Russia may decrease by 17%, reaching $3.19 billion. This is facilitated by a... Read More
The SWIFT international system plans to start testing transactions with tokenized assets and... Read More
Oil prices continue to rise after yesterday's sharp collapse to the level of $73.65 per barrel. The... Read More
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Read More
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Read More
Financial markets remain at risk of a sharp correction, the Bank of England warned on Wednesday,... Read More
Saudi Arabia's oil minister has warned that oil prices could drop to $50 per barrel if OPEC+... Read More
The bitcoin exchange rate stabilized at trading on Wednesday after falling by almost 3% the day... Read More
There is an extremely serious escalation in the Middle East. Last night, Iran responded with a... Read More
Iran's missile attack against Israel will be carried out in the next few hours, the American... Read More
According to preliminary data from Eurostat, in September 2024, inflation in the eurozone fell to... Read More
Kazakhstan is negotiating to increase natural gas exports to China, including possible supply... Read More
The US economy remains strong, and the Federal Reserve System (Fed) intends to maintain it in this... Read More
Chinese goods are disappearing from Russian marketplaces. By the end of August, the share of... Read More
On Monday, gold prices declined, nevertheless remaining near the record values reached last week.... Read More
Since the beginning of September, bitcoin has risen in price by 12.3%, which was the best dynamics... Read More
In 2025, the world's central banks will switch their focus from fighting inflation to stimulating... Read More
According to the official report, the index of personal consumption expenditures (PCE) in the... Read More
The probability of a reduction in key interest rates by the European Central Bank in October... Read More
The Discord messenger can be completely blocked in Russia. Roskomnadzor has issued five new... Read More
Against the background of news about a possible increase in Saudi Arabia's oil production,... Read More
HSBC analysts believe that, despite the current easing of monetary policy by the Federal Reserve,... Read More
U.S. economic growth in the second quarter was 3% year-on-year, which exceeded Wall Street... Read More
Gold and silver prices reached historic highs on Thursday. December gold futures exceeded the... Read More
Putin held the first public meeting of the Russian Security Council on nuclear deterrence and... Read More
Analysts believe that after the recent decline in crude oil prices, the situation may soon change... Read More
The Personal Consumption Expenditure Index (PCE), which the US Federal Reserve (Fed) uses as the... Read More
Gold is still far from record highs. JPMorgan predicts that the price of gold could rise to $2,850... Read More
Imports of liquefied natural gas (LNG) from Russia to the Netherlands' main terminal in Rotterdam... Read More
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