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
OPEC+ is considering postponing the planned increase in oil production in April due to global... Read More
According to most analysts, the ECB plans to lower its key deposit rate below 2% by early 2026.... Read More
On Monday, gold prices rose slightly after a sharp decline at the end of last week. The current... Read More
Bitcoin started the week with a cautious decline amid expectations of key signals from the Fed and... Read More
Japan's economy is showing signs of stagnation. By the end of 2024, the country's GDP growth was... Read More
US federal judge Amir Ali has ordered the Donald Trump administration to resume financing foreign... Read More
On Friday, the gold price showed growth, preparing to end the week on a positive note for the... Read More
Brazil, which will lead the BRICS in 2025, does not plan to actively promote the initiative to... Read More
In 2025, 56% of Americans intend to celebrate Valentine's Day, and their total spending is... Read More
Trump has signed executive orders imposing retaliatory duties equal to the tariffs that other... Read More
The People's Bank of China on Thursday announced plans to make changes to monetary policy, choosing... Read More
Ray Dalio, founder of the largest hedge fund Bridgewater Associates, made a statement about the... Read More
The European Commission has denied rumors about plans to set a temporary limit on the cost of gas... Read More
Chinese companies are setting records for dividend payments and share buybacks thanks to corporate... Read More
The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction.... Read More
Indian Steel Minister H.D. Coomaraswamy said that the country is considering the possibility of... Read More
The duties applied to Canada are supposed to be introduced on a cumulative basis, according to data... Read More
The EU is considering the possibility of temporarily limiting natural gas prices, which have... Read More
European trade ministers are planning to hold urgent telephone talks on Wednesday to discuss the... Read More
In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For... Read More
Russia and Argentina continue to strengthen cooperation by developing joint initiatives in areas... Read More
US duties on metals from Canada may reach 50%. It is expected that the duties, if they come into... Read More
The US Federal Reserve is not likely to lower its key interest rate until the second quarter,... Read More
In March, oil supplies from Saudi Arabia to China will decrease to 41 million barrels, compared... Read More
US President Donald Trump's tit-for-tat trade strategy could lead to increased tensions in the... Read More
The capitalization of the crypto market has reached $3.355 trillion (+$67 billion). The share of... Read More
US President Donald Trump has approved duties of 25% on steel and aluminum imports, including... Read More
Trump is imposing 25% tariffs on steel and aluminum imports starting today. The US president also... Read More
The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining... Read More
Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching... Read More
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