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By Rhod Mackenzie

According to the analysis of data from national central banks, Russia, as of May 2023, reduced its gold and foreign exchange reserves by $11.6 billion, to $584.2 billion, and thereby dropped below India in fourth place with reserves of $590.7 billion. the leader in the ranking in...

Karolina Koval's interview with Ashley Otu, Founder and researcher at IDCOOP

Karolina Koval, Fudan University (China), Institute of Ethnology and Anthropology (Russian Academy of Sciences) - special for InfoBRICS

  • Ashley, tell us please, what are the prospects for cooperation between Russia...

By Sergei Manukov

The most difficult economic situation ever has arisen in the eurozone in the quarter of a century of the existence of the single European currency.

The high discount rate of the ECB (4.25%) and the impending reduction in government spending do not allow the eurozone economy to...

By Sergei Manukov

German industrial production fell to a six-month low. Berlin is pessimistic and talks about a long recession.

June was the second consecutive month of the decline in industrial production in Germany. This was, according to Bloomberg, the main reason for the very unconvincing an...

By Anna Koroleva

The cost of gas on world markets was generally neutral last week. But the weekend brought a number of positive news for suppliers, because of which fuel began to rise in price.

The price of gas is stable, but not for long
As a result of the previous week, gas prices in Europe h...

By Rhod Mackenzie

During August 2023, Kazakhstan plans to send 100 thousand tons of oil to Germany via the main oil pipeline ( MNP ) Druzhba . This was reported on August 6, 2023 by the press service of the Ministry of Energy of Kazakhstan, commenting on the situation with the shutdown of one bran...