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Israel on the Edge of an Energy Crisis.. Gas Reserves Threatened with Depletion
SadaNews - In the absence of a clear government strategy, Israel enters a critical stage of the "countdown to gas," with official warnings about the possibility of depleting reserves within just two decades. This reality raises increasing concerns about the future of energy security, especially as n...
Global Bonds Rise 20% from Their Lowest Levels in 2022 Amid Anticipation of Interest Rate...
SadaNews - The global bond index has risen by more than 20% from its lowest level in 2022, as weak U.S. labor market data has bolstered expectations that the Federal Reserve will intensify monetary easing measures.
The Bloomberg Global Bond Index, which tracks the debts of countries and corporation...
Stability in Oil Prices After Saudi Arabia's Price Cuts and Anticipation of Demand Decline
Oil prices stabilized as investors assessed the prospects of declining demand after Saudi Arabia lowered prices for most of its crude grades.
Brent crude traded near $66 per barrel after closing up 0.8% on Monday, while West Texas Intermediate remained above $62. Saudi Aramco, the state-owned produ...
New Record Levels for Gold Prices Amid Interest Rate Cut Bets
SadaNews - Today, Tuesday, the price of gold recorded a new record level due to increasing expectations of a rate cut in the United States following weak U.S. employment data released last week.
The price of the precious metal rose by 0.3% to over $3,647 per ounce, surpassing Monday's peak and driv...
Currency Exchange Rates Against the Shekel on Tuesday (September 9)
SadaNews - The currency exchange rates against the shekel today, Tuesday (September 9), are as follows:
Gold Reaches New Peak Supported by Expectations of US Interest Rate Cut
SadaNews - Gold has reached an unprecedented new level today, Monday, surpassing $3,600 per ounce, after weak labor market data in the United States bolstered expectations that the Federal Reserve will cut interest rates next week.
Gold rose 1.4% to $3,639.3 per ounce in spot trading by 16:21 GMT...
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Israel and India Sign Agreement to Enhance Mutual Investment
SadaNews - Israel announced today, Monday, that it has signed an agreement with India aimed at enhancing and protecting mutual investment. The Israeli Ministry of Finance explained that it is the first country in the Organization for Economic Cooperation and Development (OECD) to sign such an agreem...
Stability of Gold Prices After Increased Bets on U.S. Rate Cuts
SadaNews - The price of gold traded near its record high reached on Friday, supported by unexpectedly weak U.S. jobs report that prompted traders to increase bets on a Federal Reserve interest rate cut.
The precious metal reached a level approximately $20 lower than its recent peak near $3,600 an o...
China’s Export Growth Slows Amidst Declining Global Demand
SadaNews - China’s export growth slowed in August more than expected, affected by weak external demand and declining prices, which reduced the value of shipments despite an increase in quantities.
According to data from the General Administration of Customs released on Monday, sales abroad rose by...
After OPEC+ Production Increase.. Oil Prices Rise
SadaNews - Oil prices rose following the announcement by the "OPEC+" alliance regarding a modest increase in production starting from next October, in a move that reflects the alliance's caution amid expectations of a global supply glut.
The new agreement is seen as a gradual retrea...
Demolishing Beita Market: The Occupation Strikes at the Lifeline of the Local Economy in N...
SadaNews - This morning, the occupation forces carried out a large-scale demolition operation targeting the "Beita Market" located south of the city of Nablus.
This market is considered one of the most vital centers for distributing vegetables and fruits in the area. The demolition oper...