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Jerome Powell Criticizes Trump Over the Cost of Changes in Federal Reserve Building
SadaNews - A dispute arose between President Trump and Federal Reserve Chairman Jerome Powell as they arrived at the Federal Reserve headquarters in Washington on Thursday to inspect a comprehensive renovation project of two of its buildings.
Last week, Trump indicated that Powell's handling of the...
The Chamber of Commerce, Industry, and Agriculture of Tulkarem Calls for a Clear National...
SadaNews Economy - The Chamber of Commerce, Industry, and Agriculture of Tulkarem held a meeting to discuss the main commercial and industrial challenges facing the private sector in the governorate.
During the meeting, a number of essential issues were reviewed, the most prominent of which include...
Hebrew Economic Newspaper Reveals Details of Palestinian Clearing and Israel's Benefits fr...
SadaNews Economy Translation - The Hebrew economic newspaper Globes reported on Thursday that the number of Palestinian workers inside Israel has decreased from 100,000 to about 8,000, while it has dropped in West Bank settlements from 40,000 to 10,000.
According to the newspaper, as translated by...
Minister of Industry Discusses Ways to Enhance Industrial and Economic Cooperation with th...
SadaNews Economy - The Minister of Industry, Arafat Asfour, met today with Ruth Müller, Deputy Head of Development Cooperation at the German Representation, to discuss prospects for industrial and economic cooperation and ways to develop and strengthen bilateral relations between Palestine and Germa...
Turkish Central Bank Cuts Interest Rate by 3% to 43%
SadaNews Economy - The Turkish central bank lowered interest rates by 300 basis points to 43% on Thursday, surpassing expectations to resume the monetary easing cycle that had paused due to political turmoil earlier this year, before the markets stabilized since then and inflation continued to decli...
"Electricity of Jerusalem" Participates in Palestinian Youth Skills Day 2025
SadaNews Economy - The Technical and Academic Training Center of the Jerusalem District Electricity Company, in collaboration with the sister company "Jedco for Fiber Optic Technology", participated in the Palestinian Youth Skills Day, organized by the Efforts for Community Development Foundation in...
Housing Bank announces the winners of the major quarterly prizes for June, each worth 100,...
SadaNews - The Housing Bank in Palestine announced the results of the draw for the quarterly savings account prizes for June 2025. The major quarterly prize was awarded to both Mazouza Muhammad Youssef from the Birzeit branch and Mazen Majid Hilmi Aloul and Hilmi Raghib Hilmi Aloul from the Nablus b...
Slight Decrease in the Construction Costs Price Index in the West Bank
SadaNews - The construction costs for residential buildings in the West Bank recorded a slight decrease of 0.04% during June 2025 compared to May 2025; the construction costs price index for residential buildings fell to 121.24 compared to 121.29 in the previous month (base year 2013=100), according...
"Trump" Raises Minimum Reciprocal Tariffs to 15%
SadaNews - President Donald Trump announced that he would not impose tariffs lower than 15% as part of what he described as "reciprocal" rates, a move indicating that the minimum tariffs imposed under his new trade campaign are on the rise.
Trump said during an artificial intelligence summit in Was...
Al-Quds Fund Finances Projects to Empower Palestinian Farmers in Jerusalem Governorate
SadaNews - Yesterday, Wednesday, the Al-Quds Fund and the Palestinian Ministry of Agriculture signed an agreement in Ramallah to finance the "Sumoud" project aimed at empowering Palestinian farmers in the Jerusalem Governorate, in the presence of the Moroccan ambassador to Palestine, Abdel Rahim Mzi...
Decline in Gold Prices.. Following Progress in Trade Talks
SadaNews - Gold continued its decline as demand for safe assets waned, following progress in trade talks between the United States and its major partners.
The spot gold price fell to around $3,375 an ounce, after losing 1.3% in the previous session, following a report published by "Bloomberg" indic...
After a Series of Declines.. Stability in Oil Prices
SadaNews - Oil prices stabilized after a series of declines, as investors await any progress in U.S. trade talks and monitor low inventory levels.
Brent crude traded below $69 a barrel after four consecutive sessions of decline, while West Texas Intermediate remained above $65.
U.S. President Dona...