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Gold ounce prices register near $4,748 and silver near $75
SadaNews - Global gold prices today, Sunday, recorded levels close to $4,748 per ounce.
Meanwhile, silver prices reached about $75 per ounce, amid ongoing sharp fluctuations in the precious metals markets due to geopolitical tensions in the Middle East and the world, and their impact on the global...
World Bank President: The war's repercussions are "cascading" even if the ceasefire holds
SadaNews Economy - World Bank President Ajay Banga warned that the war in the Middle East will have a cascading impact on the global economy, even if the fragile ceasefire declared by U.S. President Donald Trump is upheld.
Banga's remarks come ahead of the annual meetings, and in an interview with...
Reuters Report Denied.. "Peace Council" Led by Trump: Funding Faces No Hurdles
SadaNews - The "Peace Council" chaired by U.S. President Donald Trump stated after midnight Friday-Saturday that it faces no hurdles regarding funding, and that all requests have been met "immediately and completely" until now.
Earlier on Friday, Reuters reported citing source...
Currency Exchange Rates Against the Shekel (April 11)
SadaNews Economy - The currency exchange rates against the shekel today, Saturday (April 11), are as follows:
-Dollar: 3.03
-Dinar: 4.28
-Euro: 3.56
The Shekel Rises: Will Its Exchange Rate Drop Below 3 Shekels to the Dollar?
SadaNews - Translation by Sada Economy: Security developments have pushed the shekel's exchange rate to a level not seen for over 30 years. The shekel is strengthening its position as the strongest currency against the US dollar this year, with a yield exceeding 20%. It's not only local optimism tha...
Syria and Turkey Near Direct Banking Channel and Currency Exchange Agreement
SadaNews Economy - Syria is nearing a deal with Turkey to establish a correspondent banking account between the central banks of the two countries, in a move aimed at facilitating cross-border payments and enhancing trade, while exploring a potential mechanism for currency exchange between the two s...
What Has Been the Cost of the Wars Fought by Israel Since October 7?!
SadaNews Economy Translation - An Israeli economic report, published on Friday in the economic supplement of Yedioth Ahronoth, highlighted the exorbitant financial cost incurred by Israel due to the wars it has been waging since October 7, 2023, on all fronts.
According to the newspaper, as summa...
Maariv: The Israeli Economy on the Brink of Recession Due to War
SadaNews Economic Translation - The economics department of the Hebrew newspaper Maariv stated on Friday that the Israeli economy is on the verge of entering a significant recession in the upcoming period.
According to the newspaper, as translated by the SadaNews economic department, the Israeli Mi...
Currency Exchange Rates Against the Shekel (April 10)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (April 10), were as follows:
-Dollar: 3.05
-Dinar: 4.30
-Euro: 3.56
Saudi Arabia: Operations Halted at Several Energy Facilities Due to Recent Targeting
SadaNews Economy - A responsible source at the Saudi Ministry of Energy stated on Thursday evening that vital energy facilities in the Kingdom have recently been subjected to multiple attacks, including oil and gas production, transportation and refining facilities, petrochemical facilities, and the...
Fraud and Deception on the Rise.. Gaza's Economy Prohibits Forex Trading
SadaNews Economy - The recurring fraud operations affecting young people in the Gaza Strip are prompting the Ministry of National Economy in the region to issue repeated warnings against trading in the foreign exchange market "Forex".
According to a report from the SadaNews Economy correspondent in...
