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Chinese Electric Cars Confidently Launch into Global Markets
SadaNews Economy - A recent report published by Bloomberg stated that Chinese electric vehicle manufacturers have begun to move rapidly toward global investment, at a time when they face increasing constraints in the domestic market due to government policies aimed at curbing what Beijing calls "exc...
"Lagarde": Europe must strive to strengthen its trade relations with partners other than A...
SadaNews - The President of the European Central Bank, Christine Lagarde, emphasized the need for Europe to reconsider its trade partnership map.
Lagarde stated during a speech at a session at the World Economic Forum in Geneva yesterday, that the United States will remain an important trading part...
Trump: No New Permits for Solar and Wind Energy Projects
SadaNews - U.S. President Donald Trump announced on Wednesday that his administration will not approve solar or wind energy projects, even as demand for electricity surpasses supply in some parts of the United States.
Trump, who has previously complained that solar energy takes up vast amounts of l...
Gold Prices Maintain Gains Amid Concerns Over Federal Reserve Independence
SadaNews - Gold prices have maintained their gains after President Donald Trump’s call for the resignation of a Federal Reserve board member raised new concerns about the central bank's independence, boosting demand for safe havens.
The yellow metal was trading above $3,342 per ounce, after rising...
Gold Prices Decline Amid Anticipation of Federal Reserve's Stance
SadaNews - Gold prices recorded a slight decline ahead of an important speech by Federal Reserve Chairman Jerome Powell this week, which may provide new indicators about the central bank's monetary policy direction.
The precious metal was traded at around $3,315 per ounce in early Asian trading, ma...
Stability of Oil Prices Amid Decline in US Stocks
SadaNews - Oil prices stabilized after a report indicated a decrease in US inventories, while investors are evaluating the prospects of ceasefire talks between Ukraine and Russia.
Brent crude was trading near $66 a barrel after dropping by 1.2% on Tuesday, while West Texas Intermediate remained bel...
Why Do Economic Experts Fear US Interest Rates Staying Stable?
SadaNews - Investhing.com reported in an extensive report that the decision by the US Federal Reserve (central bank) to keep interest rates unchanged until the end of the year is not merely a technical step in monetary policy, but opens the door to a complex series of economic and financial risks, r...
Islamic Investment Boosts Demand for Gold and Gives It Growing Momentum
SadaNews - In a small town an hour's drive from the Malaysian capital, a new high-security vault has emerged, reflecting the growing demand for gold products and services designed in accordance with Islamic law.
A unit of the Swedish company Loomis AB, specialized in cash and bullion trading, overs...
Oil Prices Decline Amid Diplomatic Talks to End Ukraine War
SadaNews - Oil prices fell as traders assessed the possibility of a ceasefire in Ukraine, while US President Donald Trump intensified efforts to arrange a summit between Vladimir Putin and Volodymyr Zelensky following a series of high-level talks.
The price of Brent crude dropped to around $66 per...
Clear Skies Won't Help China's $167 Billion Dam
SadaNews - The largest polluting country in the world maintains emissions under control, without any help from the weather.
Electricity generation from thermal power plants in China decreased by 1.3% until July of this year. Along with a decline in cement production by 4.5% and steel by 3.1%, this...
Europe Buys Russian Gas for $5.2 Billion in Half a Year
SadaNews - The European Union's statistics agency (Eurostat) revealed on Monday that the bloc imported liquefied natural gas from Russia worth about 4.48 billion euros ($5.2 billion) in the first half of 2025, up from 3.47 billion euros during the same period last year.
In total, the European Union...
Stability of Gold Prices Amid Anticipation of the Federal Meeting
SadaNews - Gold prices continued to decline, amid indications that the tariff agenda of U.S. President Donald Trump has begun to exert inflationary pressures in the United States, which may threaten the course of interest rate cuts.
Bullion traded near $3,340 per ounce after a weekly decline of 1.8...