world economy
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Tesla sales plunge 49 percent in Europe
Tesla's electric vehicle sales in Europe dropped sharply in August as the American automaker faced credit damage and growing competition in the region
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European companies cut investments in China
Results from an annual survey indicate that European companies are cutting costs and scaling back investment plans in China as the country's economic growth slows and intense competition drives down…
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US Appeals Court Reinstates Trump Tariffs
A U.S. appeals court temporarily reinstated President Donald Trump's global tariffs, halting a previous ruling that had overturned them and stated the administration exceeded its legal authority
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Chevron cuts 800 jobs in Texas
Chevron plans to cut around 800 workers in the Permian Basin, its largest global oil production project
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Brazilian oil unions call for sanctions against Zionist regime
The National Federation of Oil Workers and the Independent Federation of Oil Workers in Brazil sent a joint letter to the country's president and key government ministers, demanding a halt…
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Global gold price surges today May 30 2025
The price of gold per ounce fell by 0.57% today, reaching $3,299 and 1 cent
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Global oil price today May 30 2025 Brent crude hits $63.95
The price of Brent crude oil from the North Sea fell by 20 cents (0.31%) today, reaching $63.95 per barrel
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OPEC+ to raise oil output in Saturday meeting
Informed sources indicate that the OPEC+ alliance will likely agree to a faster and larger increase in oil production during its meeting on Saturday, with the changes taking effect in…
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Free checked baggage ends on US flights
Southwest Airlines announced on Tuesday that it is ending its long-standing policy of free checked baggage
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Hungary accuses Ukraine of causing Europe’s energy crisis
The Hungarian Foreign Minister criticized Ukraine, stating that its decision to halt natural gas transit through its territory has jeopardized Europe's energy security
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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ECB says euro could replace dollar as global currency
The head of the European Central Bank stated that if the eurozone, with its 20 member countries, can reform its financial and security frameworks, the euro could become a strong…
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Global gold price surges today May 28 2025
The price of gold per ounce fell by 0.07% today, reaching $3,298.67
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Global oil price today May 28 2025 Brent crude hits $64.46
The price of Brent crude oil from the North Sea rose by 37 cents (0.58%) today, reaching $64.46 per barrel
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Volvo to lay off 3,000 employees
Amid the ongoing global impact of Donald Trump's auto tariffs, Swedish automaker Volvo announced plans to cut 3,000 jobs
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UK food inflation rises for fourth consecutive month
The British newspaper The Guardian reported today (Tuesday) that food inflation in the UK has risen for the fourth consecutive month
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Global gold price surges today May 27 2025
The price of gold per ounce rose by 0.02% today, reaching $3,344.40
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Global oil price today May 27 2025 Brent crude hits $64.59
The price of Brent crude oil from the North Sea fell by 15 cents (0.23%) today, reaching $64.59 per barrel
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Chinese automakers’ stock value plummets sharply
After China's largest automaker, BYD, offered significant discounts on many of its models, shares of the country's auto companies plummeted on Monday
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Flights to Occupied Territories Remain Grounded as Global Airlines Extend Suspension
Israeli media reported that many international airlines have not yet resumed operations to or from the occupied territories, with some extending their flight suspensions in recent days
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US on brink of energy crisis as shale oil collapse begins
American oil companies are cutting costs and halting drilling rig operations as Donald Trump's tariffs have raised expenses and the drop in crude oil prices has pressured their profitability
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Trump delays 50 percent tariffs on Europe
The U.S. president agreed to delay imposing a 50% tariff on imports from the European Union until July 9
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Global gold price surges today May 26 2025
The price of gold per ounce today fell by 0.29%, reaching $3,347.93
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Global oil price today June 26 Brent crude hits $64.81
The price of Brent crude oil from the North Sea rose by 3 cents (0.05%) today, reaching $64.81 per barrel
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Fresh oil tensions flare between Baghdad and Erbil as US involvement looms
The signing of two high-profile oil and gas contracts between Iraq's Kurdistan region and U.S. companies has reignited the long-standing dispute between Baghdad and Erbil over energy resources
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Eurozone economy hit as private sector slips into recession
Private sector activity in the eurozone unexpectedly declined in May for the first time this year
