The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Read More
The Japanese economy showed signs of recovery in the second quarter of 2024, growing by 0.8%... Read More
Gold prices rose in Asian trading on Thursday, coming close to record highs. Weaker-than-expected... Read More
According to the Institute of Statistics, in July 2024, the consumer price index in Argentina... Read More
Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The... Read More
The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Read More
German companies continue to invest heavily in China, despite government calls to diversify risks.... Read More
The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Read More
India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Read More
Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Read More
Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Read More
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Read More
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Read More
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Read More
According to a Bank of America report, during a week of falling stock markets, cash has become the... Read More
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Read More
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Read More
Russian banks began to raise interest rates on loans following the change in the key rate.... Read More
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Read More
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Read More
The foreign trade of Russia and China under the pressure of sanctions may switch to barter schemes... Read More
Hezbollah may strike Israel in the coming days. According to CNN, citing sources familiar with the... Read More
On the one hand, the country's foreign exchange reserves have reached a new high since the... Read More
The US stock market showed significant volatility last week. After the S&P 500 index fell by 3%... Read More
American natural gas companies are preparing to reduce production in the second half of 2024 amid a... Read More
Oil prices continued to rise on Wednesday, following a slight increase in the previous session.On... Read More
Elon Musk declares war on companies boycotting X. Musk has filed an antitrust lawsuit against the... Read More
The price of gold fell from near record levels during Asian trading on Tuesday. The recovery of... Read More
On Monday, the main stock indexes of Western Europe ended trading with a significant drop amid a... Read More
Japanese stocks soared at the opening of trading on Tuesday, after representatives of the central... Read More
Goldman Sachs forecasts a rise in gold prices to $2,700 per ounce. Goldman Sachs Group analysts... Read More
