... BRICS Currency The creation of a unified currency necessitates addressing a number of issues: Economic Coordination: The BRICS countries differ from each other in terms of economic structure, levels of development, and political interests. For instance, China has one of the largest economies in the world, while South Africa’s economy is significantly smaller. The establishment of a unified currency will require developing a common approach to macroeconomic and monetary policy. Political Will: The introduction of a unified currency ...

On July 27, 2025, the energy sector faces a myriad of challenges and opportunities. Recent days have seen a notable change in oil prices,... ... season also contribute to increased gasoline and jet fuel consumption in the U.S. and China. Major producers forecast additional growth in global oil consumption for the... ... sharp drop in prices. At the same time, expectations of monetary policy easing in major economies fuel investor interest in commodity assets, including oil. As a result, by...

... markets remains tense. This is primarily due to the unstable political climate. A trade war is escalating between the USA and China, while the UK struggles with the implementation of Brexit, which may lead to its fragmentation, among other issues. The situation in global financial markets remains tense.... ... or altogether ignored it. The leadership preferred to keep the interest rate at the previous level. Instead of stability, the economies of European states had to face a worsening situation. This impacted not only France but also Germany. As a result, the ...

... responding to concerns over surplus supply. Nevertheless, the market finds equilibrium due to several compensating trends: Demand and Seasonal Factors. The global summer travel season maintains heightened demand for gasoline and jet fuel in leading economies (the U.S., China, Europe). Despite local signs of weakness—such as the lowest gasoline consumption figures in May in the U.S. since 2020—overall global oil consumption continues to grow. Analysts forecast that global demand will increase by approximately 1.2 million barrels per day in the second ...

August 7, 2025, will mark a significant date for global markets. On this day, a series of key economic events and major corporate earnings reports are expected. Amidst market instability, the Bank of England's interest ... ... approach from the regulator regarding future monetary policy. At the same time, the impact of American tariffs on goods from China will heighten volatility in financial markets. Furthermore, reports from giants such as Siemens and Toyota may reveal both ...