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A single unit of exchange will emerge but the process will take time, an official in Russia’s foreign ministry says BRICS nations are moving towards the establishment of a single currency but it’s a long and “difficult” process, the head of the department for economic cooperation at Russia’s Foreign Ministry, Dmitry Birichevsky, said on Thursday. …

Poland recorded the biggest drop in GDP among the 27 members of the bloc in the second quarter of 2023, according to Eurostat Poland’s economy saw a year-on-year decline of 2.2% in the second quarter of this year, marking the biggest decrease among EU member states, according to data released by Eurostat on Thursday.