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The Federal Reserve Prepares to Announce Interest Rate Decision Amid Stubborn Inflation an...
SadaNews - Investors will look to Federal Reserve Chair Jerome Powell this week for insights on how the U.S. central bank is balancing a range of risks facing the economy, amid U.S. and Israeli strikes on Iran.
Officials are expected to keep the benchmark interest rate unchanged for the second cons...
Global Stocks Rise as Oil Prices Fall Ahead of Federal Reserve Meeting
SadaNews - Global stocks extended their rise to the third day, with investors overcoming short-term geopolitical tensions and looking for signs of stability, despite the ongoing Iran war disrupting energy markets and raising inflation fears. Oil prices fell.
The MSCI All Country World Index, the...
Exchange Rates of Currencies Against the Shekel Today, Wednesday (March 18)
SadaNews: The exchange rates of currencies against the shekel today, Wednesday (March 18), are as follows:
Gold prices record near $5,011 per ounce... and silver near $80
SadaNews - Gold prices recorded about $5,011 per ounce today, Wednesday, March 18, according to available trading data.
Silver prices also recorded about $80 per ounce during today's sessions.
Gold and silver prices continue to fluctuate amid the political tensions experienced by the world regardi...
The Cabinet Approves the Emergency Budget for 2026 and Refers It to the President for Endo...
SadaNews - In its weekly session today, Tuesday, the Cabinet approved the draft budget for the year 2026 to refer it to the President for endorsement according to the regulations. The emergency budget responds to the complex political, economic, and social realities, with a likely continuation of th...
Funds Flow into Malaysia as Iran War Shakes Asian Markets
SadaNews Economy - Even before the Iran war ignited a surge in energy prices, Malaysia had emerged among Southeast Asia's economies as a new preferred destination for global investors.
A rare period of political stability, combined with investment flows into high-value manufacturing and data center...
Ministry of Finance: Disbursement of an Advance Salary Payment for Employees
SadaNews Economy - The Ministry of Finance announced, on Tuesday evening, the disbursement of an advance salary payment for public sector employees tomorrow, Wednesday.
The ministry did not provide any details regarding the payment to be disbursed.
Australia Raises Interest Rates Amid Rising Inflation Pressures Due to Iran War
SadaNews - The Central Bank of Australia on Tuesday raised the main interest rate for the second consecutive meeting as it escalates its battle against stubborn inflation, at a time when high energy costs stemming from the widening war in Iran threaten to intensify price pressures.
The Reserve Bank...
Iraq: We are in contact with Iran to allow oil tankers to pass through the Strait of Hormu...
SadaNews - The Iraqi News Agency reported today, Tuesday, that the Minister of Oil stated that Baghdad is in contact with Iran to allow some oil tankers to pass through the Strait of Hormuz, as part of its efforts to alleviate the impact of the disruption of crude exports following recent attacks on...
Asian Container Shipping Companies Experience Shift in Operations Amid Iran War
SadaNews - The profits of container shipping companies in China and Taiwan reflect how the sector is coping with global disruptions, as the war on Iran undermines hopes for reopening the Red Sea and pushes shipping prices up, providing a welcome relief after a year of declining profits.
Both "Orien...
US diesel price surpasses $5 per gallon amid Iran war
SadaNews - Diesel prices in the United States have risen to over $5 per gallon for the first time since December 2022, amid the ongoing Iran war disrupting supplies, adding new pressures on broad sectors within the world’s largest economy.
The national average retail price reached $5.044 pe...
Oil Rises as Supply Threats Escalate Amid Ongoing War with Iran
SadaNews - Oil prices rose following their first decline in nearly a week, as Iran escalated its attacks on energy infrastructure in the Arabian Gulf region.
Brent crude prices increased towards $105 per barrel after losing 2.8% on Monday, while West Texas Intermediate crude was trading near $98....