International Economy
Back to Homepage
After Meeting with the Chinese President.. Trump: Trade Agreement with China Very Soon
SadaNews - U.S. President Donald Trump stated that he believes he will sign a trade agreement with China very soon and intends to visit Beijing in April, following a summit with Chinese President Xi Jinping in South Korea.
The president added to reporters aboard Air Force One that there are no obst...
Gold Prices Rise After Cutting Expectations for US Interest Rate Cuts
SadaNews - Gold prices rose after four consecutive sessions of decline, as traders scaled back their bets on further monetary easing from the Federal Reserve following remarks from its chairman, Jerome Powell, who downplayed the likelihood of interest rate cuts in December.
The precious metal trade...
Nvidia Becomes the First Company to Exceed a Value of 5 Trillion Dollars
SadaNews - Nvidia, the chip-making company, made history today, Wednesday, as the first company to exceed a market value of 5 trillion dollars, driven by a series of impressive gains that solidified its position in the global artificial intelligence sector.
This achievement highlights Nvidia's rapi...
Al-Shara: We Attracted Investments Worth 28 Billion Dollars
SadaNews - Syrian President Ahmad al-Shara said today, Wednesday, that Syria has attracted investments worth 28 billion dollars over the past ten months.
Al-Shara added, during a session attended by Saudi Crown Prince Mohammed bin Salman at the Future Investment Initiative conference in Riyadh, tha...
The US Federal Reserve Meets Expectations and Cuts Interest Rates by 25 Basis Points
SadaNews - The Federal Reserve (the US central bank) has lowered the overnight interest rate to a range of 3.75% - 4.00%. The bank indicated that the risks of declining employment have increased in recent months.
The vote to approve this reduction was 10 in favor and 2 against, with Federal Governo...
ارتفاع الأسهم الآسيوية مدعومة بالتفائول بأرباح الذكاء الاصطناعي
Trump: America has secured commitments for new investments exceeding $18 trillion
SadaNews Economy - U.S. President Donald Trump stated that the United States has secured commitments for new investments exceeding $18 trillion.
Trump revealed that America is likely to receive investments worth $21.22 trillion by the end of his second term.
He predicted a 4% growth in GDP in the...
After a Three-Day Decline, Oil Prices Stabilize
SadaNews - The price of oil stabilized after a three-day decline, as investors assessed the impact of Western sanctions imposed on major crude oil producers in Russia, coinciding with mixed industry estimates regarding changes in U.S. inventories.
Brent crude traded above $64 a barrel after falling...
Stability of Oil Prices After Two-Day Decline
SadaNews - Oil prices stabilized after a two-day decline, as investors balanced between indications of oversupply and the repercussions of American sanctions on Russian producers.
Brent crude traded below $66 per barrel, while West Texas Intermediate crude approached $61.
The quantities of oil shi...
Amazon Announces Largest Layoff in Its History
SadaNews - Amazon is preparing to announce comprehensive job layoffs starting today, Tuesday, according to CNBC.
The plan will represent the largest workforce layoff in Amazon's history and will include nearly all of its operations, according to sources.
Reuters reported that Amazon plans...
America Signs Agreement with Japan to Secure Rare Mineral Supplies
SadaNews - U.S. President Donald Trump and Japanese Prime Minister Sanae Taketatsu signed a framework agreement on Tuesday aimed at securing supplies of strategic minerals through mining and processing, according to a statement from the White House.
The signing took place during Trump’s visit to Ja...
Gold Recovers Losses After Falling Below $4,000 an Ounce
SadaNews - Gold recovered some of its losses after falling below $4,000 an ounce on Monday, as progress in trade talks between the United States and China affected demand for safe-haven assets.
The precious metal rose by 0.9% on Tuesday, after having declined by 3.2% in the previous session, follow...