International Economy
Back to Homepage
Oil Prices Fall as Activity Resumes at Russian Port Bombed by Ukraine
SadaNews - Oil prices fell after signs of resumed activity at the main Russian port of Novorossiysk on the Black Sea, following a Ukrainian attack last week that caused some damage and halted operations.
Brent crude dropped below $64 a barrel after closing up more than 2% on Friday following the at...
Gold Declines Ahead of U.S. Data That May Determine Interest Rate Direction
SadaNews Economy - Gold prices fell on Monday as investors await a series of U.S. economic data this week, which may provide a clearer view of the Federal Reserve’s interest rate path.
Gold fell in spot transactions to record $4059.40 per ounce. Meanwhile, December gold futures dropped about 0.5% t...
With an investment of $180 million.. Italian company "Eni" intends to establish a gas proc...
SadaNews - The Italian company "Eni" is seeking to enhance its presence in the Egyptian market by establishing a new gas processing plant in its Maliha land concession in the Western Desert, at a cost of $180 million, with a capacity of up to 100 million cubic feet per day, according to a government...
Europe Faces Economic Slowdown Under Pressure from Trump's Tariffs and Germany's Recession
SadaNews - EU officials are expected to lower growth forecasts for 2026 next week as part of an assessment of the damage to the region's economy, following a year since Donald Trump returned to the White House.
The forecasts, which will be announced in Brussels tomorrow, Monday, are likely to hig...
Trump Signs Executive Order Exempting Agricultural Products from Tariffs
SadaNews Economy - US President Donald Trump signed an executive order late Friday to Saturday, reducing tariffs on imports such as beef, bananas, coffee, and tomatoes, while his administration faces pressure from voters struggling with rising living costs.
Trump's administration decided to exempt...
Restrictions on Money Transfers in Lebanon Amid US Pressure to Cut Hezbollah Funding
SadaNews - The Central Bank of Lebanon today, Friday, imposed new restrictions on financial transactions through non-bank institutions as part of its efforts to combat money laundering and prevent illegal transfers, amid pressures from Washington to dry up Hezbollah's funding sources and strip it of...
Gold Stabilizes After Decline Amid Uncertainty Over U.S. Interest Rate Path
SadaNews - Gold opened trading on Friday stable after its first decline in five days, with expectations diminishing that a return of the U.S. government from shutdown would be followed immediately by a rate cut.
The precious metal traded around $4,175 per ounce, after ending the previous session do...
Oil Prices Surge Amid Ukrainian Strikes and U.S. Sanctions on Russia
SadaNews - Oil prices surged sharply as traders assessed the escalating risks threatening Russian supplies due to Ukrainian military strikes and U.S. sanctions, limiting the impact of increasing indicators pointing to an impending painful surplus in the global oil market.
Brent crude jumped above $...
Oil Prices Continue to Decline Amid Increasing Signs of Supply Abundance
SadaNews - Oil prices continued their decline following a sharp drop witnessed on Wednesday, amid a series of indicators showing an abundance in supplies.
Brent crude, the global benchmark, fell to around $62 a barrel after losing nearly 4% in the previous session, while West Texas Intermediate hov...
أسعار اذهب تُسَجل قرب 4200 دولار للأونصة
China Bets on the Yuan to Break the Dominance of the US Dollar
SadaNews Economy - The People's Bank of China has pledged to encourage external entities to finance in yuan, taking advantage of lower borrowing costs and increased foreign demand for the currency to expand its internationalization. SadaNews
China will support the use of yuan-denominated financial...
Beijing Accuses the United States of Orchestrating the Theft of $13 Billion in Bitcoin
SadaNews - The Chinese cybersecurity agency has accused the U.S. government of orchestrating the theft of Bitcoin worth nearly $13 billion in the latest attempt by China to attribute major cyberattacks to the United States.
The theft of 127,272 Bitcoin from the mining pool "LuBian" in December 2020...