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The leaders of the member states of the Shanghai Cooperation Organization (SCO) met these days to lay the foundations of a multipolar world. At least that is what emerges from the text of the Declaration of the Tianjin Summit, a document in which...

The Russian economy has come to function almost exclusively through bank debt, shows a large analysis of the banking system published yesterday by the daily Kommersant, given that the Kremlin ordered that 40% of the state budget be directed to...

Financial markets did not register significant reactions after the meeting at the end of last week between US President Donald Trump and Russian President Vladimir Putin, nor in anticipation of the meeting scheduled in Washington between Trump,...

UniCredit SpA, Italy's second-largest bank, reported yesterday a net profit above expectations for the second quarter and also improved its estimates for 2025, AFP reports, according to Agerpres.

Russian precious metal exports to China nearly doubled in the first six months of this year as record prices for the yellow metal boosted sales, Bloomberg reported, according to Agerpres.

Gold has been a relatively stable asset over the past 25 years for investors looking for diversification, a haven against inflation, or a safe haven during uncertain times.

The US currency has had its weakest first half of the year since 1973, as the US Dollar Index, a measure of the value of the US currency against a basket of six other currencies, fell more than 10%, according to the Financial Times.

The US currency has had its weakest first half of the year since 1973, as the US Dollar Index, a measure of the value of the US currency against a basket of six other currencies, fell more than 10%, according to the Financial Times.

UniCredit SpA is likely to withdraw its bid for smaller rival Banco BPM, the Italian bank's chief executive Andrea Orcel said on Friday, Reuters reported, according to Agerpres.

The conflict between Israel and Iran seems far from the moment of de-escalation, if we take into account the message sent yesterday by Israel Katz, the Defense Minister from Tel Aviv to Ayatollah Ali Khamenei. According to the Jerusalem Post and...

Central banks around the world expect the share of gold holdings in their reserves to increase over the next five years, while the share of the dollar in their reserves is expected to decrease, according to a study by the World Gold Council...

From media and entertainment to fashion, thousands of business people have joined the billionaire club in the past decade, but some industries have been much wealthier than others, according to an analysis by visualcapitalist.com. It highlights...

A new reality is taking shape in international economic and trade relations.

The United States of America provided Ukraine, in 2024, with support of 6.1 billion dollars through the Agency for International Development (USAID), this being the highest financial aid granted by the US last year, according to an analysis by...

Changing the country's name, flag and anthem, adopting a new constitution, these are some of the objectives of an organization that has come under the authorities' sights (Mateescu Ştefan, Şofran Radu Pompiliu, Dinu Adrian Robertin, Lupu...

The Bucharest Stock Exchange (BVB) indices saw slight increases amid reduced liquidity in the first month of the year, thus reflecting the state of investors awaiting information on the domestic economic and political situation, company results...

The parliamentary elections in Germany, which will take place on Sunday, February 23, are of paramount importance not only for the future of the respective state, but also for that of the European Union and, implicitly, Romania, because the...

The price of gold has started the year on a high note, with the precious metal rising 12% in less than two months and hitting new all-time highs, amid a turbulent international environment in terms of macroeconomics and geopolitical sentiment,...

• January 1 

The Russian capital market is currently relying on the launch of IPOs of state-owned companies, a development model that is not sustainable for the Moscow Stock Exchange, according to a comprehensive analysis published by the Kommersant daily...

Raiffeisen Bank International (RBI) posted a consolidated profit of 1.16 billion euros at the end of 2024, 50% lower than the 2.39 billion euros recorded the previous year, according to the announcement made yesterday by the Austrian banking...

Banca Rusiei propune creşterea transparenţei ofertelor publice de acţiuni, iar pentru a face acest lucru posibil este necesară modificarea conţinutului informaţiilor dezvăluite de emitenţi şi adaptarea lui la nevoile investitorilor de retail, al...

The Bank of Russia proposes to increase transparency of public stock offerings, and to make this possible, it is necessary to change the content of information disclosed by issuers and adapt it to the needs of retail investors, whose role has...

While pro-European parties are trying their best to block Călin Georgescu from running in the presidential elections, citing reasons for which they have no evidence or have evidence that they have not yet presented, journalists avoid talking...

Gold has gained about 26% so far this year, on track for its best annual performance since 2010, largely driven by the U.S. central bank's interest rate cut and heightened geopolitical tensions that have driven investors to the traditional...

The Prime Minister of the Republic of Moldova, Dorin Recean, yesterday asked the Parliament in Chisinau to declare a state of emergency in the energy sector for a period of 60 days. The decision comes against the background of the risk of ceasing...

The surprise in the first round of the presidential elections, won by the independent Călin Georgescu, after which the USR candidate, Elena Lasconi, came in second, brought declines for all indices of the Bucharest Stock Exchange (BVB).

The surprise in the first round of the presidential elections, won by the independent Călin Georgescu, after which the USR candidate, Elena Lasconi, came in second, brought declines for all indices of the Bucharest Stock Exchange (BVB).

Călin Georgescu misrepresents the meaning of the vote that propelled him to first place in the presidential election:

The Polish government will extend the electricity price cap for household consumers for the first nine months of 2025, Reuters reports.

Banca Reglementelor Internaţionale (Bank for International Settlements - BIS) analizează posibilitatea de a închide proiectul-pilot mBridge, o platformă de plăţi transfrontaliere pe care preşedintele rus Vladimir Putin o consideră o soluţie...

The Bank for International Settlements (BIS) is considering the possibility of closing the mBridge pilot project, a cross-border payments platform that Russian President Vladimir Putin considers a solution to circumvent international sanctions...

The final declaration of the BRICS 2024 Summit held last week in Russia, a document that emphasizes supporting Africa in this period of global transformation, is a gauntlet thrown in the face of the US, according to an article published on Friday...

The BRICS summit that is taking place these days in Kazan, Russia, also has on its agenda the request made by Turkey to acquire the status of a full member of that economic organization, after until now it had observer status. Turkish President...

The BRICS member states must take several critical decisions at the Kazan summit in order to improve cooperation within the group, Russian leader Vladimir Putin said yesterday, on the first day of the BRICS summit he is hosting.

More than 30 months after the aggression illegally launched by the Russian Federation in Ukraine, the Government and the Parliament in Bucharest still do not have the necessary legislation - with a small exception regarding the powers of the...

Major global investment banks are cutting their forecasts for oil prices this year and next as supply is expected to remain tight while the outlook for demand growth is weak.

The intensification of geopolitical risks, the prospects of easing the monetary policy of the Federal Reserve or the purchases of the central banks supported the upward trend of the price of gold this year which, from the end of 2023 until the...

Turkey has formally applied to join the BRICS group of emerging nations, seeking to strengthen its global influence and forge new ties beyond its traditional Western allies, according to sources cited by Bloomberg.