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Increase in Oil and Gold Prices
SadaNews Economy - Oil prices rose slightly during trading on Friday, after falling about 2% in the previous session, pressured by reduced demand forecasts from OPEC and new tariffs announced by U.S. President Donald Trump, which are expected to weaken economic growth.
Brent crude futures rose by 0...
Exclusive Translation: Life in Gaza is Collapsing.. The Other Face of War!
SadaNews Economics Translation - The Associated Press, the American international agency, published a report on the reality of life in the Gaza Strip amidst significant political, economic, and social crises.
The report described, as translated by the SadaNews Economics section, life in Gaza as col...
Surpassing $116,000... Bitcoin Hits a New Record High
SadaNews Economy - The cryptocurrency "Bitcoin" soared today, Friday, to its highest level ever, boosted by demand from institutional investors and the supportive policies for cryptocurrencies implemented by U.S. President Donald Trump’s administration, according to Reuters.
The world's largest cry...
OPEC: Oil Consumption Will Continue to Rise Until at Least 2050
SadaNews Economy - The Organization of the Petroleum Exporting Countries (OPEC) announced that global oil consumption will continue to rise at least until 2050, considering that the "rapid" transition away from fossil fuel sources is "unachievable," which contradicts the efforts required to combat c...
Currency Exchange Rates Against the Shekel on Friday (July 11)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (July 11), are as follows: Dollar: 3.31Dinar: 4.67Euro: 3.86
Are Arab Countries Afraid to Negotiate with Trump Over Tariffs?
SadaNews - On Wednesday, U.S. President Donald Trump announced a new round of reciprocal tariffs set to take effect on August 1, impacting several Arab countries, including Iraq, Algeria, Libya, and Tunisia.
However, until now, no Arab country has taken the initiative to engage in official direct n...
Investment or Liquidation?.. 300 Billion Dollars for the Reconstruction of Gaza
SadaNews - In times of major collapses, investment dreams intertwine with political engineering techniques, and "development" projects become a distorted mirror reflecting calculations disconnected from the on-ground reality.
This is exactly what emerges in the plan revealed by the Financial Times,...
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...