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A Minute of Musk's Income Equals Years of Work for Millions of People
SadaNews Economy - While millions around the world toil for long hours in exhausting jobs that barely meet their basic needs, a few exceptionally wealthy individuals on the other side of the spectrum live in a completely different reality. They need only one minute to earn profits that exceed what a...
Global Gold Prices Rise
SadaNews Economy - Gold prices rose last night after the release of U.S. inflation data that aligned with expectations, bolstering bets on a Federal Reserve interest rate cut later this year.
Gold climbed in spot transactions (0.8%) to (3777.79) USD per ounce, after hitting a record level of (3790....
Israel Threatened with Becoming a Pariah State as Europe Considers Canceling Trade Agreeme...
SadaNews - Israel is experiencing a critical diplomatic and economic moment as European and international pressures mount, with the European Union considering for the first time since the signing of the partnership agreement to suspend or cancel the free trade agreement, while recognition of Palesti...
2.1 مليار دينار حجم التبادل التجاري بين الأردن وأميركا
Global Gold Prices Decline
SadaNews Economy - Gold prices fell today, Friday, after stronger-than-expected U.S. economic data boosted the dollar and overshadowed expectations for the Federal Reserve (the U.S. central bank) to cut interest rates, while traders are awaiting U.S. inflation data due to be released later today for...
Trump Imposes New Tariffs on Heavy Trucks, Medicines, and Furniture
SadaNews Economy - U.S. President Donald Trump revealed on Thursday - Friday a new round of punitive tariffs on a wide range of imported goods, including a 100% tariff on brand-name medications and a 25% tariff on heavy trucks, set to take effect next week.
He wrote on the Truth Social platform: "T...
Microsoft Disables Services for Unit 8200 of the Israeli Military Intelligence
SadaNews - Microsoft announced that it has disabled a set of cloud computing and artificial intelligence services used by Unit 8200 of the Israeli military intelligence, under the Ministry of Security, after an internal review concluded that there was preliminary evidence supporting media reports ab...
Stability of Oil Prices After Recording Largest Daily Increase Since July
SadaNews - Oil prices stabilized after recording their largest daily increase since July yesterday, driven by hawkish statements from US President Donald Trump regarding Russia, which raised geopolitical concerns in the market.
Brent crude rose to trade above $69 per barrel, after jumping by 2.5% o...
Gold price maintains stability near its highest levels
SadaNews - The gold price has maintained its stability near its all-time highs, despite a slight decline, as investors assess positive economic data from the United States and mixed statements from Federal Reserve officials have added ambiguity to interest rate cut expectations.
The spot price of g...
Turkey Signs Gas Import Agreement with Mercuria Energy Group for 20 Years
SadaNews - Turkey's state gas company, Botas, has signed a 20-year liquefied natural gas (LNG) import agreement with Mercuria Energy Group Ltd., marking the largest deal yet in a series of new contracts.
Energy Minister Alparslan Bayraktar mentioned in a post on X that starting in 2026, Botas...
Gold Prices See Slight Increase as Investors Monitor Federal Reserve Statements
SadaNews - The trading price of gold was below its peak as investors monitored statements from Federal Reserve officials, led by Jerome Powell, alongside escalating geopolitical tensions with Russia.
Gold prices saw a slight increase to around $3,775 per ounce, distancing itself by only about $20 f...
OECD Expects Three More Interest Rate Cuts
SadaNews - The OECD has indicated that the Federal Reserve may cut interest rates three more times despite U.S. inflation surpassing targets, amid expectations of an economic and labor market slowdown.
The Paris-based organization currently predicts that U.S. interest rates will decline to a range...