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By Rhod Mackenzie

Six nations will become full-fledged members of the BRICS group of nations starting January 2024, after their candidacies were approved by leaders of the current member states, South African President Cyril Ramaphosa has announced. The expansion topped the agenda of the summit in...

By Sergey Manukov

The sharp decline in manufacturing in the euro area seems to have begun to spread to the services sector. The business activity index (PMI) in this area from S & P Global collapsed in August by 1.6 points and now stands at only 47, while Dow Jones economists forecast at 48.8. A P...

By Rhod Mackenzie

From 2026, the largest chemical group in Germany, Europe and the world, BASF SE, will receive 800 thousand tons of liquefied natural gas (LNG) per year from America. Contract with American energy company Cheniere Energy Inc. calculated until 2043. BASF will be one of the first re...