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Oil Prices Stabilize After Rise Amid Trump's Threats to Impose Sanctions on India
SadaNews - Oil prices stabilized after closing at their highest levels in nearly six weeks, following US President Donald Trump's threat to impose sanctions on India for purchasing Russian crude, and his administration tightening restrictions on supplies coming from Iran.
West Texas Intermediate cr...
Trump announces trade deal with South Korea... with 15% tariffs
SadaNews - U.S. President Donald Trump announced that he reached a trade deal with South Korea, imposing a 15% tariff on its exports to the United States, which includes Seoul's commitment to invest $350 billion in an investment fund in America.
Trump wrote on his social media platform on Wednesday...
Trump: Canada's Support for a Palestinian State Hinders Reaching a Trade Agreement with It
SadaNews: Reuters reported that U.S. President Donald Trump stated, "Canada's announcement of its support for the establishment of a Palestinian state makes it difficult for us to reach a trade agreement with it."
This came after Canadian Prime Minister Mark Carney announced on Wednesday evening t...
Exchange Rates of Currencies Against the Shekel on Thursday (July 31)
SadaNews Economy - The exchange rates of currencies against the shekel today, Thursday (July 31), are as follows:
The United States Imposes Sanctions on Those Facilitating Iranian Oil and Petrochemical Tr...
SadaNews Economy - The United States has enforced decisive measures to disrupt the Iranian regime's ability to finance its destabilizing activities, including its nuclear program, support for terrorist groups, and repression of its people, according to a statement from the U.S. State Department.
Th...
US Federal Reserve Keeps Interest Rates Unchanged
SadaNews - The US Federal Reserve kept interest rates unchanged on Wednesday, marking the fifth consecutive time, in a decision opposed by two members of the central bank's board who hoped for a reduction in these rates.
The Federal Reserve stated in a press release after the Federal Open Market Co...
Trump: 25% Tariffs on India Starting August 1
SadaNews - President Donald Trump announced today, Wednesday, that a 25% tariff will be imposed on India starting August 1.
Trump mentioned that additional sanctions - yet to be specified - would be imposed if India continues to purchase Russian energy.
The American president confirmed that the de...
American Palo Alto Acquires Israeli CyberArk Cybersecurity Company
SadaNews Economy Translation - American company Palo Alto has acquired Israeli company CyberArk for $25 billion in cash and stock.
According to the Hebrew economic newspaper Calcalist, as translated by SadaNews Economics, this is the second deal in which Israeli companies exit the cybersecurity fie...
U.S. Ambassador Huckabee Meets Palestinian Business Leaders to Discuss Economic Cooperatio...
SadaNews - Today, U.S. Ambassador to Israel Mike Huckabee met with Palestinian business leaders to discuss ways for the private sector to collaborate on projects that benefit both Americans and Palestinians.
The meeting focused on concrete steps to support American exports, brands, and the Palestin...
Israel: Gasoline Price Decrease on August 1
SadaNews - The price of a liter of 95-octane gasoline in Israel will decrease by 4.5%, amounting to about 9 agorot, starting at dawn on Friday, August 1, 2025.
According to economic experts, the weakness of the dollar against the shekel by about 1%, along with a 4.5% drop in oil prices during July,...
Minister of Economy Meets Experts and Representatives from the Public and Private Sectors...
SadaNews - The Minister of National Economy, Mohammad Al-Amour, chaired today, Wednesday, the first meeting of the Competition Committee, which includes experts and representatives from the public and private financial sectors, as well as experts in economic and legal fields.
The meeting comes as p...
Calm in Oil Prices Amidst Anticipation of Trump's Deadline on Ukraine
SadaNews Economy - The pace of rising oil prices quieted in Asian trading on Wednesday after a more than 3% increase in the previous session, as investors awaited developments regarding the strict deadline set by U.S. President Donald Trump for Russia to end the war in Ukraine.
The most actively tr...