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Fluctuations in Gold and Silver Prices Due to Tensions in the Arab World
SadaNews - Fluctuations in gold prices follow the conditional ceasefire agreement between Israel and Lebanon, in a potential step towards resolving the wider conflict in the Middle East that has disrupted global energy markets and increased inflation risks.
Gold prices were recorded near $4,474 per...
The Fastest in History: The Number of ChatGPT Users Exceeds One Billion
SadaNews - The AI application ChatGPT has successfully surpassed the milestone of one billion active users worldwide on a monthly basis.
According to the latest statistics reported by "Reuters" from the Sensor Tower app performance tracking platform, this figure represents the fastest growth rate f...
European Bank for Reconstruction and Development Cuts Growth Forecasts for 2026
SadaNews - On Wednesday, the European Bank for Reconstruction and Development (EBRD) projected a slowdown in economic growth this year in several emerging markets due to the sharp rise in energy prices and supply chain disruptions caused by the Middle East conflict.
The economies of the 41 countrie...
International Warning of a "Dark Scenario" for the Global Economy if the War Lasts
SadaNews - The Organization for Economic Cooperation and Development (OECD) has warned that the ongoing energy crisis in the Middle East until the second half of 2027 could push the global economy into a "dark scenario," which includes a sharp slowdown in growth and a significant increase in interes...
Launch of the Petersburg International Economic Forum.. Saudi Arabia as Guest of Honor and...
SadaNews - The Petersburg International Economic Forum commenced today, Wednesday, with participation from experts and decision-makers from various countries around the world.
The forum will be held from June 3 to 6 under the slogan "Pragmatic Dialogue - The Path to a Stable Future".
Forum Themes:...
America Proposes New Tariffs of No Less Than 10% on 60 Countries
SadaNews - The United States is proposing new tariffs of no less than 10% on imports from about 60 of its main trading partners, following an investigation into goods allegedly produced using forced labor, as part of President Donald Trump's efforts to revive the tariff file that was annulled by the...
Oil Prices Continue to Rise Amid Stalled Peace Talks Between Iran and America
SadaNews - Oil prices rose for the third consecutive day due to pessimism about the prospects for a peace agreement between the United States and Iran, amid renewed fighting in the Middle East.
Brent crude rose to around $97 a barrel, while West Texas Intermediate was close to $95 after gaining ove...
Gold Prices Fall Amid Uncertainty Surrounding Iran War Negotiations
SadaNews - Gold prices have fallen as clashes in the Middle East have rekindled doubts about negotiations between the United States and Iran to end the war that has disrupted energy flows and raised inflation fears.
The precious metal dropped by as much as 0.6% to approach $4470 per ounce before tr...
What is the European price cap on Russian oil?
SadaNews - The European price cap policy for Russian oil is facing a new test with the outbreak of war between Iran, America, and Israel, resulting in disturbances in the Strait of Hormuz, which has caused oil prices to rise. This mechanism faces pressures amid the tumultuous atmosphere that threate...
Iran: 24 Ships Crossed the Strait of Hormuz in the Last 24 Hours
SadaNews - Iran announced today, Tuesday, that 24 ships crossed the Strait of Hormuz in the last 24 hours, coordinated and authorized by the Iranian naval forces.
The announcement was made in a statement issued by the naval forces of the Iranian Revolutionary Guard.
It was clarified that the 24 sh...
Asian Stocks Retreat from Record Levels Amid Modest Progress in Iran War Negotiations
SadaNews - Asian stocks retreated from record levels as efforts to secure a peace agreement between the United States and Iran showed little progress, and investors paused after a sharp rise driven by artificial intelligence.
The regional MSCI stock index declined by 0.4%, with South Korean stocks,...
United States Reduces Tariffs on Agricultural Equipment to Curb Production Costs
SadaNews - The White House announced that it intends to reduce tariffs on agricultural equipment, such as harvesters and crop collecting machines, in order to lower costs for American farmers and manufacturers. Under a presidential announcement issued late on Monday, these tariffs will drop from 25%...