The European automotive industry is experiencing a deep crisis caused by rising fuel prices, the popularity of electric vehicles and increased Chinese competition. Major car companies such as Volkswagen, BMW and Mercedes-Benz have started to cut staff due to falling profits. Europe's technological lag in the production of electric vehicles reinforces the problem. Despite EU subsidies, the share of electric vehicles in 2024 decreased to 13.6% from 14.6% a year earlier, while in China it is a... Read More
The European Commission has decided to postpone the publication of the plan for phasing out Russian... Read More
US President Donald Trump said that in the near future, the American economy may face even more... Read More
The eurozone economy did not show significant growth last month, as a slight increase in the... Read More
The United States, Russia and Saudi Arabia may unite to control the global oil market. Together,... Read More
The Canadian government has announced the launch of a large-scale package of retaliatory measures... Read More
The Mexican currency is rapidly approaching the minimum level that was recorded in mid-2022,... Read More
The price of Brent crude oil fell to $70.41 per barrel, while April futures for WTI dropped to... Read More
European banks have completed another year with record figures. Leading EU financial institutions... Read More
The United States is suspending military aid supplies to Ukraine until Kiev begins to facilitate... Read More
US President Donald Trump has announced that he intends to create a strategic crypto reserve for... Read More
Brandon Gill, a Republican from Texas, intends to submit to Congress a bill envisaging the issuance... Read More
The ECB is nearing the end of its interest rate reduction cycle, which is causing increased... Read More
According to Eurostat, in February, the inflation rate in the eurozone countries decreased to 2.4%,... Read More
The bitcoin exchange rate went up sharply after Trump's words about the creation of the US crypto... Read More
Tesla shares have fallen 40% since the end of 2024, accelerating the decline following news of a... Read More
On Friday, gold prices showed a decline, preparing for the largest weekly drop since November, due... Read More
Since the beginning of the year, the Russian ruble has strengthened by 15% against the dollar,... Read More
According to the Binance crypto exchange, the BTC/USD exchange rate on the night of February 28... Read More
A new meeting of US and Russian diplomats will take place in the near future. This was agreed by... Read More
According to the second interim estimate by the US Department of Commerce, the US economy grew by... Read More
The EU, reacting to the statements of US President Donald Trump, called on Washington to open a... Read More
The financial leaders of the BRICS countries have outlined cooperation priorities for the current... Read More
The Chinese authorities plan to allocate over $55 billion to support a number of the country's... Read More
Emmanuel Macron's trip to the United States was called a «waste of time.» The fact is that Trump d... Read More
Tesla shares fell by more than 9% after sales in the European Union and the United Kingdom fell by... Read More
In Germany, a record increase in electricity prices was recorded in February, due to a reduction in... Read More
European stock indexes are showing steady growth on Wednesday, due to the favorable reaction of... Read More
In 2024, as before in 2023, the Bundesbank's monetary policy continued to have an impact on the... Read More
Global debt increased by $7 trillion in 2024, reaching a record $318 trillion, according to data... Read More
Russia ranks 4th in the world in terms of reserves of rare earth metals. The proven reserves of REM... Read More
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