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
The total amount of public debt in the world will exceed the $100 trillion mark for the first time... Baca Lagi
Barter is returning: the Ural customs has completed the first transaction with a Chinese company.... Baca Lagi
For the European economy, the risks associated with the upcoming US elections on November 5... Baca Lagi
The 2024 Nobel Prize in Economics has been awarded to three outstanding economists: Daron Ajemoglu,... Baca Lagi
The economy of Germany, Europe's largest economy, is facing a mild recession. Analysts forecast a... Baca Lagi
On Monday, gold prices declined under the influence of a strengthening dollar. Investors are... Baca Lagi
Non-residents actively withdrew funds from the Russian stock market in the second quarter. The... Baca Lagi
Oil prices showed a moderate decline on Friday, but maintained positive dynamics, aiming for a... Baca Lagi
Tesla shares fell 5.7% on Friday after the disappointing presentation of the Cybercab concept... Baca Lagi
According to operational data from the Office for National Statistics, published on Friday, the... Baca Lagi
Putin arrived in Turkmenistan on a working visit. In addition to participating in the forum... Baca Lagi
Options markets are foreshadowing the euro's most significant weekly drop since July. This is... Baca Lagi
On Thursday, gold prices show moderate growth, awaiting the publication of key data on inflation in... Baca Lagi
US stock indexes showed significant growth, with the Dow Jones Industrial Average and Standard... Baca Lagi
Russia's economic growth will slow to 1.1% in 2025, economist Alexander Isakov predicts. According... Baca Lagi
The recent surge in interest in artificial intelligence has led to a meteoric rise in Nvidia... Baca Lagi
On Wednesday, Chinese stocks posted their biggest drop in four years amid growing investor... Baca Lagi
Bank of America forecasts moderate growth in both the core and core consumer price index in... Baca Lagi
«Russian Post» has launched a money transfer service to Turkey. The money will be available in T... Baca Lagi
Google is actively exploring the possibility of using nuclear energy to power its data centers,... Baca Lagi
Brussels is preparing to issue medium- and long-term bonds worth €10 billion ($11 billion) to raise ... Baca Lagi
On Tuesday, oil declined from the area of local highs, as investors began to take profits after a... Baca Lagi
Starting this week, China will introduce temporary anti-dumping measures against brandy imported... Baca Lagi
US Vice President Kamala Harris has ruled out the possibility of talks with Russian President... Baca Lagi
The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its... Baca Lagi
Strong US employment data released last Friday dramatically changed the mood in financial markets.... Baca Lagi
French Prime Minister Michel Barnier expressed deep concern about the high risk of a financial... Baca Lagi
Syria wants to join the BRICS and has already applied for membership. The issue of further... Baca Lagi
The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support... Baca Lagi
Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Baca Lagi
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