The US economy is shrinking. The country's inflation-adjusted GDP decreased by 0.3% in the first quarter. This happened for the first time since 2022. Consumer spending increased by 1.8%. Net export (the difference between exports and imports) reduced GDP by 5%. This is a record figure for the entire history of observations.Saudi Arabia brought down the oil market, declaring its readiness not to support falling prices and to withstand a prolonged period of low quotations. This is perceived as a ... Read More
For the first time since the beginning of the year, OPEC revised its forecasts for oil demand... Read More
Analysts believe that the ECB will cut interest rates again this week, given the increased economic... Read More
The EU Council has approved the European Commission's Stop-the-clock initiative aimed at... Read More
Trump announced the introduction of tariffs on imports of semiconductor chips, noting that... Read More
The new German government, despite a massive economic stimulus plan, is unlikely to achieve... Read More
During trading on Friday, the price of gold reached a new all-time high, exceeding the mark of... Read More
China has announced an increase in duties on American goods to 125% in response to Washington's... Read More
The UK economy grew by 0.5% in February, recovering from a 0.1% decline in January. The growth... Read More
Inflation in the United States slowed more than expected: in March, the consumer price index fell... Read More
The dollar showed an accelerated decline against the euro and the yen, losing about 2% on Thursday... Read More
The escalation of the trade war between China and the United States has jeopardized further... Read More
The EU has decided to postpone the introduction of retaliatory duties against the United States for... Read More
The cryptocurrency market has grown sharply after the decision of US President Donald Trump to... Read More
Russia is studying the conditions for the return of foreign companies. According to information... Read More
The eurozone economy is at risk of recession amid increasing trade tensions and weakening growth... Read More
On Wednesday, oil prices continued to decline rapidly, which is facilitated by the growing trade... Read More
Donald Trump said that Taiwan Semiconductor Manufacturing Company (TSMC), which had previously... Read More
US President Donald Trump has imposed a new package of duties on imports of goods from dozens of... Read More
The trade war between the United States and China is escalating – Trump has imposed duties of 104% a... Read More
Ripple has announced the acquisition of multi-asset prime broker Hidden Road for $1.25 billion.... Read More
The European Commission has responded to Donald Trump's calls for the European Union to actively... Read More
The European Court of Auditors has made a proposal to review the financing mechanism for... Read More
Stagflation looks like the most favorable option for the US economy, as the tariffs imposed by... Read More
The BRICS and SCO markets may merge in the future. The SCO secretariat informs that such a decision... Read More
The technology sector continued to fall for the third session in a row, reflecting last week when... Read More
European stock markets started the week with a sharp drop, and the most significant decline was... Read More
On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading.... Read More
On Monday, the price of bitcoin showed a significant decline and for the first time since November... Read More
Some countries are trying to find ways to quickly eliminate US duties. Over the weekend, Vietnam... Read More
In March, the US economy created 228,000 jobs in the non-agricultural sector, exceeding the... Read More
