The BRICS economic bloc — comprising Brazil, Russia, India, China and South Africa — ended a three-day summit in South Africa on Thursday. It’s not often that a major international conference of national heads of […]
India’s government expects economic growth to slow in the financial year that ends on March 31 as pandemic-related distortions ease and pent-up demand for goods levels out going into 2023. Gross domestic product (GDP) will […]
As 2022 comes to a close we can recap many historic milestones of the year, like the Earth’s population hitting 8 billion and the global economy surpassing $100 trillion. In this chart, Visual Capitalist’s Avery […]
RIYADH — The Energy Supplies Law, approved by the Saudi Council of Ministers on Tuesday, is expected to have several advantages that contribute to improving the efficiency of energy supply and promote a low-carbon circular […]
Which countries have the largest populations? What about the rural versus urban population divide? And which countries have the highest Gross Domestic Product (GDP), military expenditures, or tech exports? Instead of comparing countries by one […]
Authored by Daniel Lacalle via The Mises Institute, More than ninety central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global policy rate, calculated as the average of major central banks’ […]
Ahead of today’s GDP print, economist consensus was that in the 3rd quarter, the US economy would grow if entirely on the back of net exports (or trade), and sure enough that’s precisely what happened. […]
In his preview of the week’s economic calendar, DB’s Jim Reid writes that maybe the most interesting data this week comes on Friday with the Q3 employment cost index (exp. at +1.2% vs. +1.3% last […]
THE BIGGEST BUBBLE IN HISTORY DEFLATES YOUR STANDARD OF LIVING IS GOING TO FALL IN HALF Soon, you’ll wake up to hear reports on CNBC and Twitter about ATM machines not working across the country. […]
With the rise in oil exports and fuel prices, Russia’s earnings increased to $337.5bn this year, a 38% increase from 2021, according to an economy ministry document seen by Reuters. If the revenue materialises, it will […]
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