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Credit Card Interest Rate Cap Raises Concerns for Banks
SadaNews - Anxiety is rising within the U.S. banking sector as the debate resurfaces regarding a cap on credit card interest rates, following U.S. President Donald Trump’s call to reduce them to 10 percent for one year. This step has reopened a sensitive file that touches on one of the most stable a...
Trump May Lose Battle with Powell but Wins the Federal War
SadaNews - The news of the Justice Department launching a criminal investigation into Federal Reserve Chairman Jerome Powell on January 11 has escalated the conflict between U.S. President Donald Trump and the central bank.
So far, it appears that the recent attack on the Federal Reserve has not bo...
Trump imposes tariffs on some European countries over Greenland
SadaNews - U.S. President Donald Trump has escalated his tone against eight allied European countries, announcing the imposition of tariffs on their exports to the United States starting next February, in a move aimed at pressuring Denmark to agree to the sale of the island of Greenland. Trump expre...
Venezuela and Iran.. Is Trump Targeting the Arteries of Cheap Oil for China?
SadaNews - Washington's recent pressure on the Venezuelan oil sector and its new escalation against Iran has raised a fundamental question in energy markets regarding the true intent of these policies.
The question arises whether the US actions aim solely to choke the sanctioned producers or...
5 Trends Shaping the Oil Market Amid Iran Tensions
SadaNews - Any American military strike on Iran is likely to shake the global oil markets, as the Iranian response could exacerbate the risk of oil tanker movements being halted in the Strait of Hormuz, the maritime passage through which 25% of the world's crude oil and liquefied natural gas flows....
Oil Prices Decline as Trump Hints at Postponing Attack on Iran
SadaNews - Oil prices fell for the first time in six days after U.S. President Donald Trump indicated that he might postpone an attack on Iran for now.
Brent crude dropped by as much as 2.9% to trade below $65 per barrel after rising about 11% over the past week, while West Texas Intermediate crude...
Sharp Decline in Silver Prices After Trump Delays Metal Tariffs
SadaNews - Silver prices fell sharply amid signs of profit-taking by investors after a record rally, following the United States' decision to refrain from imposing tariffs on essential metal imports.
The white metal fell by as much as 7.3% on Thursday after reaching an all-time high of $93.7515 ear...
$7.8 billion in tourism revenue for Jordan last year, up 7.6%
SadaNews - The preliminary data released by the Central Bank of Jordan indicates that tourism income in December 2025 rose by 15.1% to reach $630.0 million, compared to an increase of 8.0% to $547.2 million in the same month last year.
In light of this, tourism income increased by 7.6% in 2025 to r...
Report: Israel Acknowledges Link Between Washington's Aid and Trump’s Tariff Relief
SadaNews - The Israeli newspaper Globes reported that recent statements from the Israeli government reveal a clear acknowledgment of a direct political and commercial link between U.S. military aid and the reduction of tariffs imposed by U.S. President Donald Trump's administration, in a development...
Oil Resumes Gains Amid Anticipation of U.S. Reaction to Iran
SadaNews - Oil regained its gains after a previous decline, as investors await the repercussions of the U.S. stance regarding the unrest in Iran, amid reports of directives for some personnel to leave a U.S. airbase in Qatar.
Brent crude prices for March contracts increased by 0.4% to reach $65.68...
Bitcoin Hits Two-Month High.. Will the Momentum Continue?
SadaNews - Bitcoin has registered its highest level in two months, finally joining the wave of rising high-risk assets and precious metals, after a long period of trading within a narrow range.
The largest cryptocurrency rose by 2.4% to reach $96,348 in early Wednesday trading in Singapore, the hig...
World Bank Raises Global Economic Forecasts for 2026 Despite Trade Tensions
SadaNews - The World Bank has raised its growth forecasts for the economy this year, stating that the global economy has shown a surprising ability to withstand a "historic" escalation in trade tensions.
The Washington-based lender reported in a report released on Tuesday that real GDP is expected...