The BRICS and SCO markets may merge in the future. The SCO secretariat informs that such a decision should be made by the competent authorities of the member countries of both organizations. The creation of a common trading space can help these countries cope with the consequences of the harsh US tariff policy and accelerate the process of de-dollarization.The European Commission has put forward a proposal to impose a 25% duty on exports of goods from the United States. The new tax will cover ma... Read More
In July of this year, producer prices in the eurozone decreased by 7.6% compared to July last... Read More
Saudi Arabia extends the voluntary reduction of oil production by 1 million barrels per day until... Read More
On Tuesday, oil prices of benchmark brands are moving in different directions near multi-month... Read More
Experts predict that the continued persistence of high interest rates in major world economies may... Read More
According to Eurostat data, by the end of June 2023, the volume of Russian oil imports to the EU... Read More
Inflation in Turkey continues to accelerate, reaching its highest level in eight months in August.... Read More
Benchmark oil prices continue to remain at high levels, despite slight fluctuations at the... Read More
According to the oilfield services company Baker Hughes, in August 2023, the number of operating... Read More
The US labor market data released today showed that the unemployment rate in the country rose from... Read More
Oil quotes sharply accelerated their growth on Friday and may end the week with a record rise in... Read More
Retail investors began to actively invest in the uranium industry, using the services of... Read More
On Thursday, the Chinese yuan strengthened to its highest level in the last 2.5 weeks against the... Read More
The euro continued to decline against the dollar after the release of inflation statistics in the... Read More
According to the chief economist of the Bank of England, Hugh Pill, a more preferable option for... Read More
According to preliminary data from the Federal Statistical Office of the country Destatis, in... Read More
On Wednesday morning, oil quotes continued their growth after rising the day before, caused by... Read More
Analyzing the dynamics of the Chinese yuan, experts suggest that the currency may fall to the rate... Read More
Experts continue to assess China's prospects very cautiously, continuing to adjust forecasts for... Read More
According to the Ministry of Internal Affairs and Communications of Japan, unemployment... Read More
The Chinese economy, which ranks second in the world in size, was projected to provide a third of... Read More
Shares of Chinese developer Evergrande fell 87% on the first day of trading on the Hong Kong stock... Read More
The head of the US Federal Reserve, Jerome Powell, said on Friday that the central bank is ready... Read More
Monday, August 28Despite the absence of significant events in the macroeconomic calendar at the... Read More
Today, the head of the US Federal Reserve, Jerome Powell, will deliver a keynote speech at an... Read More
On Friday afternoon, world oil prices accelerated their growth by more than 1%. The increase is... Read More
On Friday, the US dollar showed a strengthening against its major rival currencies, reaching its... Read More
In the second quarter of 2023, Germany's GDP remained unchanged compared to the previous three... Read More
The creation of their own payment mechanisms will allow the BRICS countries to reduce their... Read More
The Turkish lira began to rise against the dollar on Thursday after the announcement of the results... Read More
At the Johannesburg summit, the Presidents of Russia, Brazil, India, China and South Africa reached... Read More
