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Oil Prices Decline After "OPEC+" Production Increase Amid Concerns About Demand Drop
SadaNews - Oil prices declined after the "OPEC+" alliance agreed to a larger-than-expected increase in production for next month, raising fears of a potential oversupply, while U.S. tariffs cast doubts about demand prospects.
Brent crude fell by up to 1.6%, approaching $67 per barrel after a 0.7% d...
Currency Exchange Rates Against Shekel on Monday (July 7)
SadaNews - The currency exchange rates against the shekel today, Monday (July 7), are as follows:
Trump Threatens to Impose Tariffs on Any Country Joining BRICS Policies
SadaNews - U.S. President Donald Trump has attacked the BRICS group, which includes 11 countries, notably Brazil, Russia, India, and China, vowing to impose an additional 10% tariff on countries that adopt its policies.
Trump wrote on his platform "Truth Social": "Any country aligning with the anti...
"Economy of Extermination".. How Israel Turned the Gaza War into a Global Profit Project?
SadaNews - In a shift that reflects the economic dimension of one of the bloodiest wars in modern times, Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the occupied Palestinian territories, revealed the complicity of hundreds of major global companies in supporting...
The Electric Car Market in Israel Sees a Sharp Decline This Year
Translation by SadaNews Economy - From electric cars overheating under the sun in showrooms, to the collapse of Chinese luxury car brands, and the change of dealers on the way, the report published last week shows the shocking picture of the electric car market in Israel, where the sector is experie...
Economic "Globes": Expectations of a Rate Cut by the Bank of Israel Tomorrow, Monday
Sada News Economy Translation - The Hebrew economic newspaper "Globes" reported expectations that the "Bank of Israel" will announce its decision regarding the interest rate tomorrow, indicating that the majority of economists expect the interest rate to remain at 4.5%. However, financial market exp...
American company NVIDIA plans to expand its activities in the occupied territories
SadaNews - The American company NVIDIA, a leader in the semiconductor manufacturing industry, intends to expand its activities in the occupied territories of 1948 by establishing a new complex in the northern part of the country, according to announcements published by the company in local newspaper...
Japan Refuses to Make Concessions to Trump on Tariffs
SadaNews - Japanese Prime Minister Shigeru Ishiba said on Sunday that his country would not easily make concessions in trade talks with the United States, as the Wednesday deadline set by U.S. President Donald Trump for imposing tariffs of up to 35 percent on Japanese goods approaches.
In a televis...
Saudi Stock Exchange Slightly Declines Amid Pressure from Aramco and Al Rajhi
SadaNews - The main index of the Saudi stock market, "TASI", began the first session of the week with a slight decline of 0.2%, following an increase that lasted for two consecutive sessions, while maintaining trading above the 11,200-point level.
"TASI" faced pressure from the two largest companie...
Brazil to Host BRICS Summit 2025 Under Exceptional Circumstances
SadaNews - Brazil is preparing to host the 2025 BRICS Summit, which will be held on July 6 and 7 in Rio de Janeiro, under the slogan "Enhancing Cooperation Among Global South Countries for More Inclusive and Sustainable Governance." This year’s summit takes place amidst extraordinary circumstances,...
Increase in Industrial Production Quantities in Palestine during May 2025
SadaNews - The industrial production quantity index recorded an increase of 3.57% in May 2025 compared to April 2025, as the index rose to 82.01 in May 2025 compared to 79.18 in April 2025 (base year 2019 = 100).
The movement of industrial production quantities at the level of main economic activit...
Currency Exchange Rates Against the Shekel on Sunday (July 6)
SadaNews - The currency exchange rates against the shekel today, Sunday (July 6), are as follows: