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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:
OPEC+ Raises Oil Production by 548,000 Barrels Per Day Exceeding Expectations
SadaNews - The OPEC+ alliance has decided to increase its oil production by 548,000 barrels per day in August, exceeding the increases it approved over the previous three months, as part of its efforts to regain market share lost to competitors during the period when it reduced its supplies to maint...
Trump Signs Tax and Spending Reduction Bill
SadaNews Economy - President Donald Trump signed a package of tax relief and spending cuts, making the bill a law after near-unanimous Republican support in Congress for the party's local priorities, which could bolster the legacy of his second term.
Trump signed the trillion-dollar legislation out...
Currency Exchange Rates Against the Shekel (July 5)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (July 5), are as follows:
Dollar: 3.34
Dinar: 4.71
Euro: 3.93
Ministry of Industry Signs Partnership Agreement with the United Nations Industrial Develo...
SadaNews Economy - The Ministry of Industry and the United Nations Industrial Development Organization (UNIDO) have signed a new partnership to support the revival of the Palestinian footwear and leather sector, funded by the Italian government. This partnership focuses on enhancing infrastructure,...
Stability of Gold Prices
SadaNews Economy - Gold prices stabilized today, Friday, while it is on track to achieve weekly gains, benefiting from the approval of U.S. President Donald Trump's tax cut and spending bill in Congress.
By 0029 GMT, gold remained stable in spot transactions at $3,328.36 per ounce, and the gains of...
Ma'ariv: The Operation Against Iran Caused Damage to the Israeli Economy of About 52 Billi...
SadaNews Economy Translation - The Hebrew newspaper Ma'ariv mentioned in its economic supplement that the "Rising Lion" operation against Iran caused damage to the Israeli Gross Domestic Product (GDP) of about 52 billion shekels.
According to the Hebrew newspaper, as translated by SadaNews's econom...
Currency exchange rates against the shekel (July 4)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (July 4), are as follows:
Dollar: 3.33
Dinar: 4.69
Euro: 3.92