Russia’s economy is facing significant challenges, as highlighted by a recent report from the Centre for Macroeconomic Analysis and Short-Term Forecasting. The report indicates that industrial production and investments are stagnating, pointing towards a concerning trend in the country’s economic performance. This stagnation is further exacerbated by a decline in profitability across various industries, leaving
Revenue
The latest data from the National Bureau of Statistics (NBS) in China revealed that industrial profits in the first quarter experienced a smaller increase compared to the first two months of the year. The profits of China’s industrial firms only rose by 4.3% year-on-year, which is significantly slower than the 10.2% growth recorded in the
The U.S. stock market closed higher on Friday, driven by a surge in megacap growth stocks and favorable inflation data. This rally was sparked by the impressive quarterly results from technology giants like Alphabet and Microsoft. The market also reacted positively to the moderate inflation figures reported by the U.S. Commerce Department. The market witnessed
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