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
Chinese Secretary General Xi Jinping has called on the heads of major companies to cooperate to... Read More
The capitalization of the crypto market amounted to $2.896 trillion on Friday, having decreased by... Read More
Gold has set a new historical record amid the introduction of new US tariffs, which have... Read More
The second round of consultations between Russia and the United States on Ukraine may take place in... Read More
European Council President Antonio Costa said that due to high energy prices and bureaucracy,... Read More
OPEC+ may return to reducing oil production in June if demand in China is below forecasts. Since... Read More
In the current quarter, Beijing has significantly increased the volume of debt issuance. This step... Read More
US President Donald Trump has announced his intention to impose even tougher tariffs on imports... Read More
Trump is imposing 25% duties on all cars assembled outside the United States. These tariffs will be... Read More
On Wednesday, the Czech National Bank (CNB) decided to keep key interest rates unchanged. The... Read More
China's economy is showing a solid start to the year, and the authorities are ready to apply... Read More
Bitcoin's recent surge, which has allowed it to reach a two-week high, may be short-lived due to... Read More
According to the National Statistical Office (ONS), consumer prices in the UK increased by 2.8%... Read More
The United States and Russia have agreed on safe navigation in the Black Sea. However, at Russia's... Read More
The European Commission has presented a list of 47 strategic projects aimed at increasing the... Read More
European stock indexes showed positive dynamics on Tuesday, which was a reaction to the publication... Read More
American millionaires are increasingly withdrawing large amounts of money abroad by opening... Read More
In 2024, global energy demand grew by 2.2%, which is significantly higher than the average growth... Read More
A joint statement by Russia and the United States on the results of the talks in Riyadh will be... Read More
Chinese Premier Li Qiang has approved new measures to strengthen counteraction to foreign... Read More
In 2024, the Czech Republic's external debt increased by 460.4 billion crowns, equivalent to $20... Read More
European Commissioner for Trade Maros Sefcovic traveled to the United States to discuss trade... Read More
Huge gold reserves have been found in the east of India. For the first time in the country's... Read More
European regulators are concerned about a possible repeat of the 2008 crisis amid loosening... Read More
US stock markets recorded the largest outflow of funds in three months due to concerns about trade... Read More
On Saturday, March 22, Japan and China will hold an economic dialogue for the first time in six... Read More
The world's largest investment banks have revised their forecasts for the Chinese economy, noting... Read More
The EU postponed the introduction of retaliatory measures against US duties from April 1 to the... Read More
The United States is reducing its participation in groups monitoring sanctions against Russia.... Read More
The Bank of England has decided to keep the interest rate at 4.5%. According to the regulator's... Read More
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