Impact of Automation on Industry GDP Trends
As GDP grows, the share of industry in the economy falls. This is logical, as the economy is becoming more complex: a thousand people can now do the work that once required far fewer. This phenomenon highlights advancements in technology and...
US Economy Struggles with Non-Free Money and Bankruptcy Surge
The US economy has forgotten how to live with non-free money. And in many ways, this is not even the problem of the local Ministry of Finance: with the support of the Federal Reserve, it can always find funds for refinancing. The rate only...
Impact of Automation on Industry GDP Trends
As GDP grows, the share of industry in the economy falls. This is logical, as the economy is becoming more complex: a thousand people can now do the work that once required far fewer. This phenomenon highlights advancements in technology and...
US Economy Struggles with Non-Free Money and Bankruptcy Surge
The US economy has forgotten how to live with non-free money. And in many ways, this is not even the problem of the local Ministry of Finance: with the support of the Federal Reserve, it can always find funds for refinancing. The rate only...
Global Oil Demand Growth Forecasts Decline in 2025
Energy The IEA and the US Department of Energy have reduced their forecasts for global oil demand growth in 2025 by about 30%. Now three leading industry organizations — including OPEC — expect this figure to fall to its lowest level since the...
The collapse of oil quotes continues
The price of Brent crude oil fell below $65.00/bbl on Friday afternoon. On the London ICE exchange, according to data as of 14:45 Moscow time, it fell by 7.87% to $64.62/bbl. Such figures are being recorded for the first time since the end of...