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Oil Prices Decline Amid Concerns of Oversupply
SadaNews - The price of oil declined at the beginning of the week, amid increasing fears that a new rise in production by the "OPEC+" alliance in November could exacerbate the oversupply in global markets.
Brent crude fell below $70 per barrel, after it had recorded a 5.2% increase last week, while...
Gold Hits New Record Level
SadaNews - The price of gold recorded a new record level today, Monday, supported by a strong rise in precious metals, amid a state of anticipation in the markets regarding the possibilities of a U.S. government shutdown and its impact on the release of crucial job data this week, which could compli...
After Sanctions Are Reimposed.. The Iranian Currency Drops to Its Lowest Level
SadaNews - The Iranian rial recorded its lowest levels against the dollar today, Sunday, after the re-imposition of United Nations sanctions, according to several websites specializing in currency tracking.
According to the unofficial black market rate, the dollar was trading at around 1.12 million...
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...