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European Green Light for a Tough Trade Response to Trump's Tariffs
SadaNews - The European Union countries approved on Thursday evening a package of retaliatory tariffs on American goods amounting to €93 billion, set to take effect from August 7, should trade talks with the United States fail, according to European diplomats.
U.S. President Donald Trump surprised...
Currency Exchange Rates Against the Shekel on Friday (July 25)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (July 25), are as follows:
Dollar: 3.35
Dinar: 4.72
Euro: 3.93
Jerome Powell Criticizes Trump Over the Cost of Changes in Federal Reserve Building
SadaNews - A dispute arose between President Trump and Federal Reserve Chairman Jerome Powell as they arrived at the Federal Reserve headquarters in Washington on Thursday to inspect a comprehensive renovation project of two of its buildings.
Last week, Trump indicated that Powell's handling of the...
The Chamber of Commerce, Industry, and Agriculture of Tulkarem Calls for a Clear National...
SadaNews Economy - The Chamber of Commerce, Industry, and Agriculture of Tulkarem held a meeting to discuss the main commercial and industrial challenges facing the private sector in the governorate.
During the meeting, a number of essential issues were reviewed, the most prominent of which include...
Hebrew Economic Newspaper Reveals Details of Palestinian Clearing and Israel's Benefits fr...
SadaNews Economy Translation - The Hebrew economic newspaper Globes reported on Thursday that the number of Palestinian workers inside Israel has decreased from 100,000 to about 8,000, while it has dropped in West Bank settlements from 40,000 to 10,000.
According to the newspaper, as translated by...
Minister of Industry Discusses Ways to Enhance Industrial and Economic Cooperation with th...
SadaNews Economy - The Minister of Industry, Arafat Asfour, met today with Ruth Müller, Deputy Head of Development Cooperation at the German Representation, to discuss prospects for industrial and economic cooperation and ways to develop and strengthen bilateral relations between Palestine and Germa...
Turkish Central Bank Cuts Interest Rate by 3% to 43%
SadaNews Economy - The Turkish central bank lowered interest rates by 300 basis points to 43% on Thursday, surpassing expectations to resume the monetary easing cycle that had paused due to political turmoil earlier this year, before the markets stabilized since then and inflation continued to decli...
Slight Decrease in the Construction Costs Price Index in the West Bank
SadaNews - The construction costs for residential buildings in the West Bank recorded a slight decrease of 0.04% during June 2025 compared to May 2025; the construction costs price index for residential buildings fell to 121.24 compared to 121.29 in the previous month (base year 2013=100), according...
"Trump" Raises Minimum Reciprocal Tariffs to 15%
SadaNews - President Donald Trump announced that he would not impose tariffs lower than 15% as part of what he described as "reciprocal" rates, a move indicating that the minimum tariffs imposed under his new trade campaign are on the rise.
Trump said during an artificial intelligence summit in Was...
Decline in Gold Prices.. Following Progress in Trade Talks
SadaNews - Gold continued its decline as demand for safe assets waned, following progress in trade talks between the United States and its major partners.
The spot gold price fell to around $3,375 an ounce, after losing 1.3% in the previous session, following a report published by "Bloomberg" indic...
After a Series of Declines.. Stability in Oil Prices
SadaNews - Oil prices stabilized after a series of declines, as investors await any progress in U.S. trade talks and monitor low inventory levels.
Brent crude traded below $69 a barrel after four consecutive sessions of decline, while West Texas Intermediate remained above $65.
U.S. President Dona...
Economic Media Alliance Meets Businessman Nassar Nassar, Head of the General Union of Pale...
SadaNews - In the presence of Mohamed Ghazi Al-Harbawi, President of the Precious Metals Union, several members of the "Economic Media" Alliance met with businessman Nassar Nassar, President of the General Union of Palestinian Industries. The alliance members presented an overview of their media ide...