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... Прочетете още
According to the Institute of Statistics, in July 2024, the consumer price index in Argentina... Прочетете още
Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The... Прочетете още
The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Прочетете още
German companies continue to invest heavily in China, despite government calls to diversify risks.... Прочетете още
The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Прочетете още
In July 2024, the US federal budget deficit reached $243.7 billion, which is 10.4% more than in... Прочетете още
India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Прочетете още
Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Прочетете още
Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Прочетете още
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Прочетете още
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Прочетете още
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Прочетете още
According to a Bank of America report, during a week of falling stock markets, cash has become the... Прочетете още
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Прочетете още
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Прочетете още
Russian banks began to raise interest rates on loans following the change in the key rate.... Прочетете още
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Прочетете още
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Прочетете още
The foreign trade of Russia and China under the pressure of sanctions may switch to barter schemes... Прочетете още
Hezbollah may strike Israel in the coming days. According to CNN, citing sources familiar with the... Прочетете още
On the one hand, the country's foreign exchange reserves have reached a new high since the... Прочетете още
The US stock market showed significant volatility last week. After the S&P 500 index fell by 3%... Прочетете още
American natural gas companies are preparing to reduce production in the second half of 2024 amid a... Прочетете още
Oil prices continued to rise on Wednesday, following a slight increase in the previous session.On... Прочетете още
Elon Musk declares war on companies boycotting X. Musk has filed an antitrust lawsuit against the... Прочетете още
The price of gold fell from near record levels during Asian trading on Tuesday. The recovery of... Прочетете още
On Monday, the main stock indexes of Western Europe ended trading with a significant drop amid a... Прочетете още
Japanese stocks soared at the opening of trading on Tuesday, after representatives of the central... Прочетете още
Goldman Sachs forecasts a rise in gold prices to $2,700 per ounce. Goldman Sachs Group analysts... Прочетете още
On Monday, there was a sharp drop in the value of bitcoin amid a large-scale sale of high-risk... Прочетете още
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