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
On Thursday, gold prices are showing a rise after falling to a two-week low in the previous... Read More
On Thursday, the Japanese yen continued to decline, and the USD/JPY pair reached its highest levels... Read More
The EU has eased sanctions: partial transfers from Russia are allowed. The European Union has... Read More
The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said... Read More
Before the elections in the UK, which will be held on July 4, the pound strengthened on... Read More
BRICS has decided to temporarily suspend the admission of new members. According to Lavrov, the... Read More
Turkish Lira hits record low: The dollar exchange rate exceeded 33 Turkish liras. At the auction on... Read More
According to foreign trade statistics, the supply of petroleum products from the United States to... Read More
The European Union is reducing political contacts with Georgia because of the law on foreign... Read More
Last week, the price of Brent crude oil fell by 0.7%, ending the week at about $85.2 per barrel. On... Read More
Today, the yuan on the Moscow Stock Exchange fell by 1.2% after the announcement of the Russian... Read More
As part of the 14th package of anti-Russian sanctions, the European Union banned its companies... Read More
The desire of Asian countries to join the BRICS is growing. Malaysia and Thailand have announced... Read More
Analysts at RBC Capital Markets remain cautious about gold, considering it overvalued after... Read More
Following the example of the United States and the EU, Canada plans to impose high tariffs on... Read More
Russians miss Europe. Russian tourists' interest in Europe has grown significantly over the year:... Read More
This week, the European Union approved the contents of a new, 14th package of sanctions against... Read More
The Bank of England kept the base interest rate at 5.25% per annum at the end of the June meeting,... Read More
As a result of the state visit of Russian President Vladimir Putin to Vietnam, at least 11... Read More
As a result of the state visit of Russian President Vladimir Putin to Vietnam, at least 11... Read More
Vladimir Putin has arrived in Vietnam. During the visit, the heads of the two countries adopted a... Read More
According to the UK National Statistics Office (ONS), consumer prices rose by 2% year-on-year in... Read More
Brazil plans to actively develop the extraction of rare earth metals, while Western countries are... Read More
The capitalization of the NVIDIA chip manufacturer exceeded the market value of Microsoft, thereby... Read More
In April, the trade turnover between Russia and the European Union amounted to €5.6 billion, a d... Read More
The meeting between Putin and Kim Jong-un was fruitful. The North Korean leader said that relations... Read More
After a boom in investor interest in digital assets that began in 2023, a large-scale sale began in... Read More
According to the final data from the statistical office of the European Union, consumer prices in... Read More
The value of Indian assets increased by $1 trillion in about six months, surpassing the $5 trillion... Read More
The 1992 agreement on the avoidance of double taxation with Russia has been suspended. This was... Read More
