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Trump announces new tariffs on Arab countries
SadaNews - On Wednesday, U.S. President Donald Trump announced a new round of reciprocal tariffs set to take effect on August 1, which includes several Arab countries led by Iraq, Algeria, Libya, and Tunisia.
The decisions announced today impose reciprocal tariffs of 30% on Iraq, Algeria, and Libya...
Stability of Oil Prices Amid Trade Tensions
SadaNews - Oil prices stabilized as traders assessed a significant increase in U.S. crude inventories and a new wave of tariffs announced by U.S. President Donald Trump.
Brent crude remained close to the $70 per barrel level after closing virtually unchanged on Wednesday, while West Texas Intermedi...
Currency Exchange Rates Against the Shekel on Thursday (July 10)
SadaNews - The currency exchange rates against the shekel today, Thursday (July 10), are as follows:
The Governor of the Monetary Authority discusses financial cooperation and challenges in t...
SadaNews - On Wednesday, the Governor of the Monetary Authority, Mr. Yahya Shanar, met with the Head of the EU Mission in Jerusalem, Alexander Stutzmann, and the Head of Cooperation at the Mission, Mr. Ibrahim Al-Afiya, in the presence of Deputy Governor Mr. Mohammed Manasra and a number of official...
Stability of Gold Prices Amid Trump's Trade Policies
SadaNews - Gold stabilized, holding on to losses from the previous session, after U.S. President Donald Trump confirmed that the new date in August for the start of the "reciprocal" tariffs would not be delayed, despite granting countries additional time to negotiate with Washington.
Spot gold was...
Oil Prices Stabilize After Two Days of Gains
SadaNews - Oil prices stabilized as traders balanced indicators of rising U.S. crude inventories with the implications of the tariff policy adopted by President Donald Trump.
Brent crude remained close to $70 a barrel after two days of gains, while West Texas Intermediate crude was traded around $6...
Currency Exchange Rates Against the Shekel on Wednesday (July 9)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (July 9), are as follows:
Launch of Electronic Payment Service for Land Authority Transaction Fees via E-SADAD Platf...
SadaNews - The Monetary Authority and the Land Authority have launched a new service that allows citizens to pay Land Authority transaction fees electronically through the national bill display and payment platform E-SADAD, facilitating the completion of transactions remotely without the need to use...
The Governor of the Monetary Authority Discusses Ways to Support Financial Stability in Pa...
SadaNews - The Governor of the Monetary Authority, Yahya Shanar, met today in Ramallah with the Italian Consul General in Jerusalem, Mr. Domenico Bilato, in the presence of Deputy Governor Mohammed Mnasra and several department directors.
During the meeting, Shanar reviewed the key measures the Mon...
Moody's Maintains Israel's Rating at Baa1 and Warns of the Impact of Escalation with Iran
SadaNews - Moody's credit rating agency has affirmed Israel's long-term rating in both local and foreign currencies at "Baa1", warning that direct military conflict with Iran will increase pressure on public finances.
The rating reflects Israel's weakened financial position due to rising geopolitic...
For the First Time in Two Years.. Bank of Israel Sells 300 Million Dollars Last Month
SadaNews Economic Translation - The Hebrew newspaper Globes reported that the recent rise in the value of the shekel against the dollar, especially in June, raised questions about the possibility of the Bank of Israel intervening again in the foreign exchange market to prevent further strengthening...
Oil Prices Decline as Market Focuses on Trump's Tariff Implications
SadaNews - Oil prices have fallen for the third time in four days, as investors focus on the implications of a wave of American tariffs and the OPEC+ alliance's decision to bring more idle production capacity back to the market.
Brent crude dipped toward $69 per barrel, while West Texas Intermediat...