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With Oil Prices Rising.. Major Banks Recommend These Currencies
SadaNews - Major financial institutions, including Deutsche Bank and JPMorgan, have advised investors to bet on energy-linked currencies, amid the repercussions of the war in Iran and rising oil prices.
According to the recommendations reported by Bloomberg, there is a preference for currencies suc...
Sudanese Minister of Minerals to Al Jazeera Net: Huge Foreign Investment and a Force to Co...
SadaNews - The Sudanese Minister of Minerals, Noor al-Daem Taha, revealed arrangements and plans to curb gold smuggling through electronic monitoring, a joint force from military and security agencies, and encouraging policies and incentives for exporters.
The Mineral Resources Company, the "superv...
Rising Oil Prices as the War Drags On and the Strait of Hormuz Remains Closed
SadaNews - Oil prices continued to rise today, Tuesday, amidst the stalled international efforts to end the war between the United States and Iran, increasing concerns in global markets.
This rise comes as the closure of the Strait of Hormuz continues almost completely, a vital corridor for energy...
Gold and Silver Experience Fluctuations Amid War Developments
SadaNews - Gold stabilized significantly as traders assessed the latest U.S. and Iranian efforts to reach a negotiated solution to the two-month-long war, which has strangled energy supplies and raised inflation risks.
The precious metal recorded about $4657 per ounce after a decline of 0.6% on Mon...
بوتين للغرب.. القمح الروسي هو النفط الجديد والأسمدة هي الغاز
Increasing Economic Pressures in Emerging Markets Two Months after the War with Iran
SadaNews - Two months after the outbreak of war with Iran, the scope of economic losses is widening beyond the Middle East, as emerging and developing markets face rising inflation rates, increasing financial pressures, and trade disruptions.
Some countries in the Middle East and its neighboring na...
Moody's Changes China's Outlook from Negative to Stable
SadaNews - On Monday, Moody's credit rating agency changed its outlook for China from "negative" to "stable".
Moody's attributed the adjustment to its view that the country's economic and financial strength will remain resilient despite ongoing domestic pressures and trade and geopolitical challeng...
Bitcoin Hits Highest Level in 12 Weeks.. Here Are the Reasons
SadaNews - The Bitcoin currency has risen to its highest level in 12 weeks, nearing the $80,000 barrier, as investor risk appetite improves in markets following reports of a new Iranian proposal to the United States aimed at reopening the Strait of Hormuz and easing the war on Iran.
The largest cry...
Why Did Oil Prices Not Reach 200 Dollars Despite the Iran War?
SadaNews - Despite the closure of the Strait of Hormuz and the continuation of the US-Israeli war against Iran, oil prices have not reached 200 dollars as many expected; instead, they remained within a less acute range, reflecting the global market's ability to absorb the shock rather than explode....
Fluctuations in Gold Prices Amid Stalled Talks with Iran and High Interest Rate Concerns
SadaNews - Gold has declined following the stalling of efforts to resume peace talks between the United States and Iran, and the ongoing disruption of energy flows through the Strait of Hormuz, after a month of war that has shaken global markets and raised inflation risks.
The precious metal fell b...
US Navy Intercepts Tanker Linked to Iran in Arabian Sea
SadaNews - On Saturday, the US Navy intercepted a sanctions-impacted vessel in the Arabian Sea as part of the blockade imposed by the Trump administration on Iranian energy exports, according to US Central Command.
The M/V Sevan was among 19 ships from the "shadow fleet" that the US Treasury Depart...
Fluctuations in Gold and Silver Prices Amid Geopolitical Tensions
SadaNews - The precious metals markets are experiencing volatility amid ongoing geopolitical tensions, which has directly impacted the prices of gold and silver in recent times.
The price of an ounce of gold has recorded approximately $4,709, while the price of an ounce of silver has reached about...