SCO & BRICS latest news and insights
There are more and more indications that the Chinese economy is stabilizing. The statistical data on the profits of industrial enterprises in China in January-February 2024 confirms that Beijing is moving in the right direction with its economic policy. Chinese industry has been experiencing a posit...
Despite the generally positive results of the authoritative Ifo economic and financial survey, Germany's GDP is likely to fall this quarter, predicts London's Sunday Telegraph. This means that Germany will be in a technical recession. More worryingly, the outlook for Europe's first economy looks ver...
An article by Bloomberg has concluded that the Russian economy has fully adapted to the challenging situation it faces. Recently, the government released the forecast data on the country's trajectory towards becoming the 4th largest economy in the world. Experts have identified both opportunities an...
By Rhod Mackenzie
In January 2024, the Russian economy experienced an unexpected acceleration, with annual GDP growth reaching 4.6%, up from 4.4% in December. The manufacturing sector played a significant role in supporting the GDP, despite increasing sanctions pressure and moderate hydrocarbon...
By Rhod Mackenzie
Gas prices in Europe have fallen to pre-crisis levels despite it still being the winter. However, this news is overshadowed by the fact that gas consumption in Europe has dropped to its lowest level since 1995. It is unlikely that Europe will ever return to its pre-crisis peak de...
By Rhod Mackenzie
Germany's position as an industrial superpower may be at risk due to competition from the United States, declining interest in German goods in China, and an energy crisis caused by the lack of inexpensive Russian gas supplies. Bloomberg published this forecast on February 10th.
...
