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Gold Prices Stabilize Awaiting Clarification on Trump's Policy Regarding Bullion Tariffs
SadaNews - Gold prices maintained their losses after U.S. President Donald Trump stated that imports of the precious metal would not be subject to tariffs, although traders are still awaiting an official clarification regarding this policy, following a federal ruling last week that caused chaos and...
Oil Rises as Washington and Beijing Extend Tariff Truce
SadaNews - Oil prices rose today, Tuesday, following the decision by the United States and China to extend their mutual tariff truce, which alleviated concerns about weak fuel demand in the world's two largest crude oil consumers.
Brent crude futures increased by 0.3% to reach $66.89 per barrel, wh...
Trump Extends Deadline for Imposing Tariffs on China by 90 Days
SadaNews Economy - U.S. President Donald Trump on Monday extended the deadline for imposing high tariffs on Chinese goods for another 90 days, according to a report by CNBC citing a White House official.
These tariffs were set to resume on Tuesday. However, Trump signed an executive order hours bef...
Currency Exchange Rates Against the Shekel on Tuesday (August 12)
SadaNews - The currency exchange rates against the shekel today, Tuesday (August 12), are as follows:
In a Historic Precedent... Jerusalem Electricity Records Highest Summer Load with a 20% In...
SadaNews - The Jerusalem District Electricity Company registered its highest summer load in its operational history, as the electrical load today, August 11, 2025, reached a total of 671 megawatts, marking the highest summer load since the company's establishment, with a significant increase of 20%...
Norwegian Sovereign Fund Announces Sale of Its Stakes in 11 Israeli Companies
SadaNews - The Norwegian sovereign wealth fund, the largest in the world, announced today, Monday, the sale of its investments in 11 Israeli companies, following the disclosure of its investment in an Israeli company that manufactures aircraft engines amid the escalating war in Gaza.
The head of th...
The Federal Structure Under Scrutiny with Trump’s Moves and Changing Power Dynamics
SadaNews - Regardless of what happens at the Federal Reserve's meeting in September, it will seem pale in comparison to a comprehensive reconsideration of the structure of the U.S. central bank, a possibility raised by Donald Trump's nomination of Stephen Miran to temporarily fill the vacant seat on...
Ministry of Agriculture and Al Baraka Islamic Insurance Company Sign Agreement to Implemen...
SadaNews - Today, Monday, the Ministry of Agriculture signed a cooperation agreement with Al Baraka Islamic Insurance Company, as part of the "Building Palestinian Agricultural Insurance Systems and Services" project, funded by the European Union and implemented by Oxfam and the Palestinian Economic...
Economic Media Alliance Discusses Banking Reality with the Monetary Authority
SadaNews - The Economic Media Alliance held a press meeting with the Palestinian Monetary Authority, attended by the Governor of the Monetary Authority Yahya Shanar, his deputy Mohammad Mnasra, and several department managers at the Monetary Authority. Various issues related to the banking sector in...
Exclusive - Head of the Gas Stations Association: Accumulation of Cash Flows Exceeding 150...
SadaNews - Osama Musleh, head of the Gas Stations Association in the West Bank, confirmed that the fuel and gas sector is facing a real and escalating crisis, especially in light of the current banking procedures and the banks' failure to adhere to the instructions of the Palestinian Monetary Author...
Oil Prices Fall Amid Expectations of a Breakthrough in US-Russia Negotiations on Ukraine
SadaNews - Oil prices fell in early Asian trading on Monday, continuing their losses of over 4% last week due to the increase in US tariffs on its trading partners, OPEC's rising production, and expectations that the US and Russia are close to an agreement to cease fire in Ukraine.
Brent crude futu...
Gold Prices Decline as Geopolitical Fears Ease
SadaNews - Gold prices fell on Monday, as demand for the metal as a safe haven decreased due to signs of easing geopolitical risks, while investors await the upcoming U.S. inflation data, which may provide signals regarding the path of interest rates at the Federal Reserve.
Spot gold dropped by 0.7...