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... Baca Lagi
Restrictions are planned to be introduced from January 1, 2024. The meeting of the Big Seven... Baca Lagi
Moscow and Beijing have signed an important agreement providing for the largest contract for the... Baca Lagi
The share of the yuan in international settlements within the SWIFT system showed impressive... Baca Lagi
According to the State Statistical Office, in the third quarter of 2023, China's economy showed... Baca Lagi
According to the forecast of the research organization International Data Corporation (IDC),... Baca Lagi
Chinese startup Baichuan, specializing in the development of artificial intelligence (AI)... Baca Lagi
According to analysts, the approval of the upcoming bitcoin ETF has already been partially taken... Baca Lagi
This week, Russian President Vladimir Putin will make an important visit to China, which will... Baca Lagi
Oil rose significantly on Friday amid news from the Middle East, reaching $89.90 per... Baca Lagi
The Chinese authorities are considering the possibility of creating a stabilization fund to support... Baca Lagi
Russia has presented the concept of a decentralized depository for the BRICS countries based on... Baca Lagi
The deputy head of Iran's economic department for Economic Affairs, Seyed Ali Rouhani, said that... Baca Lagi
The European Union and the G7 countries are already close to introducing a system of sanctions... Baca Lagi
The Argentine peso currency has lost 10% of its value in the unofficial market of the country,... Baca Lagi
The American corporation Xerox has completed its work in Russia by selling the business to local... Baca Lagi
Prices for winter gas futures in Europe have increased by 25% in recent days, reaching more than... Baca Lagi
European stock markets showed a noticeable increase after the «dovish» statements by r... Baca Lagi
In light of recent events in the Middle East, the instability of oil prices threatens market... Baca Lagi
The price ceiling of $60 per barrel, set by the G-7 countries to curb Russia's export revenues from... Baca Lagi
Recent clashes between Israel and Hamas may cause significant damage to the stock market, as well... Baca Lagi
After a successful start to the year, when bitcoin briefly surpassed the $30,000 mark, this leading... Baca Lagi
Saudi Arabia has announced to Washington its readiness to increase oil production at the beginning... Baca Lagi
World copper prices have reached a minimum since the beginning of November 2022, according to the... Baca Lagi
The escalation of the conflict between Israel and Palestine has attracted the attention of oil... Baca Lagi
On Monday, oil prices rose sharply amid the Hamas group's attack on Israel, which caused the risk... Baca Lagi
Since March 2020, U.S. Treasury bonds with long-term maturities, including 10-year and 30-year... Baca Lagi
An analyst from JPMorgan Chase & Co. Marko Kolanovich expressed concerns about the Fed's high... Baca Lagi
According to the results of the first three months of the 2023-2024 agricultural season... Baca Lagi
Oil prices are stabilizing in the region of $84 per barrel after reaching the lowest values since... Baca Lagi
Prices on the world oil market continue to decline after a sharp drop the day before. In one day of... Baca Lagi
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