International Economy
Back to Homepage
More Optimistic Predictions: The World Bank Raises Estimates for Growth in the Middle East...
SadaNews - The World Bank has raised its growth forecasts for the region that includes the Middle East, North Africa, Afghanistan, and Pakistan for 2025, but has downgraded them for the upcoming year, attributing the adjustments to conflicts and declining oil production in Iran and Libya.
The Washi...
Bitcoin Approaches $126,000 and Achieves New Highs
SadaNews - Bitcoin has recorded a new all-time high today, Monday, as the world's largest cryptocurrency by market capitalization continues to benefit from strong demand from investors.
The increase since the beginning of the year has been supported by institutional investments, more lenient polici...
Gold Prices Approach $4,000 an Ounce
SadaNews - Gold prices have reached a new record level, approaching $4,000 per ounce, amid increasing uncertainty caused by the U.S. government shutdown and the political crisis in France.
Gold rose to $3,977.44 an ounce after a jump of 1.9% on Monday. The suspension of federal activities that be...
The Largest Real Estate Company 'Aldar Properties' Bets on Affordable Homes and Private Fi...
SadaNews - The largest real estate development company in Abu Dhabi has mainly focused on building luxury homes over the past two decades.
However, after the company gained significant cash liquidity following a long period of prosperity, "Aldar Properties" has begun to shift its attention towards...
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...