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... Leer más
The Statistical Office of the European Union (Eurostat) has published final data on eurozone GDP... Leer más
The period of bitcoin's rapid growth seems to have come to an unexpected end. Many experts and... Leer más
In July 2024, industrial production in Germany decreased by 2.4% compared to June, according to the... Leer más
The launch of a platform for mutual settlements within the framework of BRICS is at the stage of... Leer más
The European Central Bank plans to reduce the deposit rate by 25 basis points at a meeting to be... Leer más
JPMorgan Chase & Co. experts have revised their position on the Chinese stock market from «buy» ... Leer más
The German manufacturing industry is facing serious challenges that could lead to massive job cuts.... Leer más
On Thursday, oil prices began to rise amid reports from the American Petroleum Institute (API)... Leer más
The exchange yuan soared by 5% due to cosmic bets on its attraction. RUSFAR CNY – the rate of s... Leer más
Investors may face a difficult period in the next eight weeks. Some experts predict a 7-10% drop in... Leer más
The German government plans to sell part of its shares in Commerzbank, the country's fourth largest... Leer más
The US stock market fell sharply on Tuesday under pressure from weak economic data, which increased... Leer más
The Chinese economy, long considered the engine of global growth, is now facing a serious downturn.... Leer más
The Eastern Economic Forum continues, and Vladimir Putin arrived at it today. The President... Leer más
The second quarter of reporting in the United States is coming to an end, and the S&P 500 has... Leer más
September is traditionally considered an unfavorable month for bitcoin, but this year everything... Leer más
The Eastern Economic Forum starts today, which will be held for the ninth time on Russian Island in... Leer más
The United Arab Emirates, which recently became full members of the BRICS, intends to increase... Leer más
In the fall, central banks around the world intend to end the era of high interest rates that began... Leer más
Gold prices declined on Monday under pressure from the strengthening dollar. Investors are closely... Leer más
On Monday, oil prices declined against the background of statistics from China, indicating an... Leer más
The Moscow Exchange does not plan to launch trading in digital currencies. The platform refused to... Leer más
China, long considered the engine of the global economy, is now experiencing a decline in consumer... Leer más
Stock indexes of the largest countries in Western Europe ended trading higher on Thursday, boosted... Leer más
The Statistical Office of the European Union reported a decrease in unemployment in the eurozone in... Leer más
In London, a 67-year-old man became the first patient to receive a lung cancer vaccine called... Leer más
The U.S. Department of Commerce revised economic growth data for the second quarter and reported... Leer más
On Thursday, the US dollar recovered from its recent fall, rebounding from a 13-month low. The... Leer más
Gold prices rose steadily in Asian trading on Thursday, remaining near record highs. The dollar's... Leer más
A debt market crisis is brewing in China: the yield on 10-year bonds has reached a historic low due... Leer más
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