International Economy
Back to Homepage
China or America: Who Will Capture a Larger Share of the Energy Export Market?
SadaNews - A fierce battle is underway between the two largest economies in the world for a share of the energy export market. The United States seeks to have the world buy its fossil fuels, while China wants to sell its clean energy technologies to the world. Currently, there is a clear winner: Chi...
Gold Prices Rise Amid Increasing Demand for Safe Haven
SadaNews - Gold has recorded a new record level at the beginning of the week, approaching the threshold of 4,000 dollars per ounce, benefiting from investors' demand for safe havens amid the ongoing government shutdown in the United States.
The precious metal rose to 3,932.02 dollars per ounc...
After OPEC+ Decision to Increase Production.. Oil Prices Rise
SadaNews - Oil started its trading on a rise after the OPEC+ alliance agreed to an increase in oil production that was less than what the market had anticipated.
Brent crude rose above $65 per barrel, while West Texas Intermediate crude reached around $62. The beginning of the Asian trading session...
Bitcoin Price Hits Record High Surpassing $125,000
SadaNews - Bitcoin has recorded a new historic high amid a broader rise in high-risk assets due to the U.S. government shutdown, which has supported the world’s largest cryptocurrency.
The currency rose to $125,689 in trading on Sunday in Asia, surpassing its previous high recorded on August 14, su...
A Coin Featuring Trump's Image: A Controversial Step in Washington
SadaNews - Officials have announced that the U.S. Treasury Department is considering issuing a one-dollar coin featuring the image of President Donald Trump, in celebration of the 250th anniversary of the country's independence.
Treasury Secretary Scott Benczkowski reshared a post from Treasurer Br...
Controlling the Digital Dollar.. Could Europe Be Revived?
SadaNews - The European financial sector is witnessing a surge in blockchain technology trials, and the "SWIFT" banking network is launching a plan to create a distributed ledger, while nine banks, including "ING Groep" and "Unicredit", are preparing to launch a euro-pegged stablecoin.
The digital...
Why Do Young People Bet on Risks Instead of Saving?
SadaNews - In an era where economic promises have faded away, the youth generation is reshaping the concept of financial security. While saving and cautiously investing in stable, large company assets were the cornerstones of wealth for previous generations, young people today find these pathways no...
Swedes Stockpiling Food in Anticipation of Possible War Amid Rising European Concerns
SadaNews - The number of Swedes stockpiling food and cooking supplies is increasing in preparation for the potential outbreak of war in Europe, in response to authorities' calls to enhance civil readiness as part of a comprehensive defense strategy.
Government agencies encourage citizens to stockpi...
Turkey Records Slight Increase in Inflation for the First Time in 16 Months
SadaNews - Turkey recorded a slight increase in inflation in September, reaching 33.29% year-on-year, compared to 32.95% in August, marking the first rise in over a year, according to official figures released yesterday, Friday.
This slight increase is the first after 16 consecutive months of decli...
Oil Suffers Sharp Weekly Loss Amid Growing Concerns
SadaNews - Oil prices rose at the close on Friday but recorded a weekly loss of 8.1% following news of potential increases in OPEC+ supplies.
Brent crude futures increased by 42 cents, or 0.7%, to $64.53 per barrel, while U.S. West Texas Intermediate crude rose by 40 cents, also 0.7%, to $60.88 per...
Increase in Global Gold Prices
SadaNews Economy - Gold prices have risen, supported by expectations that the Federal Reserve (the U.S. central bank) will lower interest rates this month and increased demand for safe-haven assets amid the ongoing U.S. government shutdown.
Gold rose in spot transactions by 0.6% to $3,887 per ounce...
Following a 7% Decline.. Oil Prices Stabilize
SadaNews - Oil prices stabilized after falling by around 7% this week ahead of the planned "OPEC+" meeting at the end of the week, which may witness a return of more supplies to the market, amid expectations of an oversupply situation.
Brent crude traded below $66 per barrel, while West Texas Inter...