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Gold Prices Fall Amid Uncertainty Surrounding Iran War Negotiations
SadaNews - Gold prices have fallen as clashes in the Middle East have rekindled doubts about negotiations between the United States and Iran to end the war that has disrupted energy flows and raised inflation fears.
The precious metal dropped by as much as 0.6% to approach $4470 per ounce before tr...
Currency Exchange Rates Against the Shekel on Wednesday (June 3)
SadaNews - The currency exchange rates against the shekel today, Wednesday (June 3), are as follows:
Shekel Against Dollar: Temporary Rebound or Long-term Decline?
Exclusive to "SadaNews": The Israeli shekel fell today, Tuesday, to an exchange rate of 2.85 against the dollar, dispelling fears of breaking the 2.80 barrier and continuing its historical upward journey. Have we begun a long-term decline for the shekel or are we witnessing a temporary corrective re...
Governor of the Bank of Israel hints at intervening in the exchange rate of the dollar thr...
SadaNews Economy Translation - The Governor of the Bank of Israel, Amir Yaron, hinted on Tuesday at a quicker reduction in interest rates if the value of the shekel continues to rise.
In fact, the shekel has decreased against major currencies, while global markets experienced slight fluctuations, w...
From Italy to Palestine: A Quality Academic Agreement Opens the CIMEA Gateway to the Middl...
SadaNews - In an important and qualitative academic step that enhances Palestine's presence in the international higher education space, a cooperation agreement was signed between An-Najah National University and the CIMEA Center for Information on Academic Mobility and Equivalence in Italy to estab...
What is the European price cap on Russian oil?
SadaNews - The European price cap policy for Russian oil is facing a new test with the outbreak of war between Iran, America, and Israel, resulting in disturbances in the Strait of Hormuz, which has caused oil prices to rise. This mechanism faces pressures amid the tumultuous atmosphere that threate...
Iran: 24 Ships Crossed the Strait of Hormuz in the Last 24 Hours
SadaNews - Iran announced today, Tuesday, that 24 ships crossed the Strait of Hormuz in the last 24 hours, coordinated and authorized by the Iranian naval forces.
The announcement was made in a statement issued by the naval forces of the Iranian Revolutionary Guard.
It was clarified that the 24 sh...
Asian Stocks Retreat from Record Levels Amid Modest Progress in Iran War Negotiations
SadaNews - Asian stocks retreated from record levels as efforts to secure a peace agreement between the United States and Iran showed little progress, and investors paused after a sharp rise driven by artificial intelligence.
The regional MSCI stock index declined by 0.4%, with South Korean stocks,...
United States Reduces Tariffs on Agricultural Equipment to Curb Production Costs
SadaNews - The White House announced that it intends to reduce tariffs on agricultural equipment, such as harvesters and crop collecting machines, in order to lower costs for American farmers and manufacturers. Under a presidential announcement issued late on Monday, these tariffs will drop from 25%...
Iran: 300 Ships Requested Permits to Cross Hormuz Since April
SadaNews - The "Persian Gulf Shipping Authority" (PGSA), established by Iran to regulate traffic through the Strait of Hormuz, announced that more than 300 ships have applied for crossing permits since April.
This was stated in a statement published by the authority, which mentioned that more than...
Israel launches the "Yitzhak Agreements Fund" to strengthen its economic partnerships in L...
SadaNews - Israel and the Inter-American Development Bank (IDB) signed a memorandum of understanding on Monday to establish the "Yitzhak Agreements Fund," marking the first practical step in implementing the initiative launched by Argentine President Javier Milei to enhance political, economic, and...
Oil Maintains Its Largest Gains in a Month Amidst Stagnation of Washington-Tehran Talks
SadaNews - Oil prices stabilized after their biggest gains in about a month, as uncertainty regarding the status of peace talks between the United States and Iran increased the risk of prolonged energy flow reductions from the Arabian Gulf.
Brent crude for August delivery traded under $95 a barrel...