Victoria Panova noted that the total GDP of BRICS countries based on purchasing power parity is $65.4 trillion, significantly exceeding the same indicator of the G7 countries ...

U.S. Secretary of State Marco Rubio has accused China of “bullying” by detaining or holding up dozens of Panama-flagged ships ...

WASHINGTON (AP) — President Donald Trump entered his war of choice against Iran without consulting global allies, but as he ...

President Donald Trump and his administration increasingly believe that they can’t promise to reopen the Strait of Hormuz as ...

President Donald Trump is under increasing pressure to find a way to reopen the Strait of Hormuz, a major shipping channel ...

Finance ​leaders from the Group of Seven economic powers are ready ‌to take "all necessary measures" to safeguard energy ...

G7 economy and finance ministers Monday said they stood ready to take "all necessary measures" to ensure the stability of the energy market as they tackled the economic consequences of war in the ...

Energy prices around the world have soared after Iran closed the Strait of Hormuz in response to U.S.-Israeli attacks, ...

G7 ministers and central bank officials gathered Monday to tackle the economic consequences of the war in the Middle East that has sent energy prices soaring and has triggered fears ...

Explore how G7 nations and the EU are responding to rising energy prices after the Strait of Hormuz closure, with detailed national strategies.

Germany's Chancellor Friedrich Merz on Friday expressed doubts that the US and Israel had a clear strategy to end the war in Iran, but said his country would be ready to take part in any stabilization ...

At the time, U.S. inflation stood at 2.4% year-over-year, compared to 2.7% overall in 2025 (2). When President Joe Biden left office, inflation stood at 3% (3), down from a post-pandemic high of 9.1% ...