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Update: Trump Threatens to Increase Tariffs on India Due to Its Purchase of Russian Oil
SadaNews Economy - U.S. President Donald Trump threatened on Monday to significantly increase U.S. tariffs on Indian goods due to India’s purchases of Russian oil, just days before the more severe tariffs he imposed on dozens of economies go into effect.
Trump stated in a post on his platform "Trut...
Shock of U.S. Tariffs Shakes Swiss Watch Industry
SadaNews - Shares of major Swiss luxury watch manufacturers, such as "Richemont" and "Swatch", experienced sharp fluctuations on Monday following U.S. President Donald Trump's announcement of a 39% tariff on Swiss watch imports to the United States, exacerbating the challenges facing this sector.
T...
With Fraud at the Forefront.. Huge Increase in Economic Crimes in Germany
SadaNews Economy - A statistic from the Federal Criminal Police Office in Germany revealed that the number of economic crimes in the country increased significantly during the year 2024.
The office reported a rise of over 847% in cases of fraud in the healthcare system alone, noting that a large-sc...
Advisor to the Minister of Industry to SadaNews: Substituting Palestinian products for imp...
SadaNews - The Palestinian Ministry of Industry, in cooperation with the "Export" program, organized a specialized workshop titled "Replacement of Imports for Imported Goods" late last month, based on a precise analysis of trade data related to consumption, imports, and local production.
In a speci...
The Telecommunications Regulatory Authority Holds Its 20th Session and Discusses Organizat...
SadaNews - The Board of Directors of the Telecommunications Regulatory Authority held its twentieth session, chaired by Dr. Murad Abu Sabih, in the presence of the Authority's Executive Director, Engineer Laith Draghmeh. The session discussed a number of vital regulatory and technical issues that fa...
European Central Bank: Eurozone Economy Continues to Withstand Current Challenges
SadaNews - Member of the European Central Bank's Governing Council, Christodoulos Patsalidis, confirmed that the Eurozone economy continues to withstand current geopolitical challenges.
Patsalidis added, in an interview with the Cypriot newspaper "Politis" on Sunday, that "the Eurozone economy seem...
SadaNews - Clear Vision Signs Agreement to Manage Advertising Spaces for JET Passenger Tra...
In a strategic step towards regional expansion, Clear Vision (HDVISION), a leading marketing and advertising company in Palestine, announced the signing of an exclusive agreement with JET Passenger Transport, one of the oldest and largest ground transportation companies in the region, to grant HDVIS...
Stability of Gold Prices Amid Expectations of a Rise to $3,500 an Ounce
SadaNews - The price of gold stabilized after achieving its largest daily gains in two months during Friday's session, as investors continue to assess the impact of weak U.S. employment data on the Federal Reserve's interest rate trajectory.
The precious metal traded near $3,360 an ounce after risi...
"Banks Association" Publishes Issue 98 of "Banks in Palestine" Magazine
SadaNews - The Banks Association in Palestine has issued the eighty-eighth issue of the "Banks in Palestine" magazine, which focuses on shedding light on the most prominent economic and banking issues in Palestine and the region. This issue includes a distinguished collection of interviews and speci...
Oil Prices Decline After OPEC+ Approves Significant Production Increase
SadaNews - Oil prices have dropped after the OPEC+ alliance approved a new and substantial increase in production, fueling fears of a global supply surplus at a time when the outlook for global economic growth is under pressure from the trade war led by the United States, which may affect energy con...
Exchange Rates of Currencies Against the Shekel on Monday (August 4)
SadaNews - The exchange rates of currencies against the shekel today, Monday (August 4), are as follows:
Iraq Denies Conceding Disputed Maritime Corridor with Kuwait
SadaNews Economy - The head of the Iraqi parliamentary Rights Bloc, Representative Saud Al-Saadi, affirmed that the issue of the disputed Khor Abdullah with Kuwait is a national and sovereign matter, not a political or electoral one.
He clarified during a press conference in Parliament that claims...