economic
- news
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
- 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 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
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EU Plans New Sanctions Package Against Russia
Bloomberg reported that the European Union is considering measures as part of a new sanctions package, including removing over 20 Russian banks from the SWIFT international payment system, lowering the…
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X Network Disrupted for Thousands of US Users
Based on data from the website Downdetector, which monitors internet disruptions, the social media platform X (formerly Twitter) was temporarily inaccessible for thousands of U.S. users on Saturday
- 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
- news
Hungary threatens to veto Russian energy sanctions
The Hungarian Prime Minister warned that the government plans to veto the European Commission's proposal for a complete ban on energy imports from Russia by the end of 2027
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Afghanistan and Russia negotiate trade in national currencies
The Taliban's Minister of Commerce and Industry stated in an interview with Reuters that Afghan officials are negotiating with their Russian counterparts on using national currencies for bilateral trade settlements
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Australia floods submerge at least 10,000 homes
The Australian prime minister announced on Saturday that rescue operations have begun in the southeast of the country following recent floods, which killed five people and submerged over 10,000 homes
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Brussels backtracks as trade concessions for Ukraine set to expire
The European Commission spokesperson stated that EU member countries have agreed to reinstate import restrictions on Ukrainian agricultural products
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Global gold price hits $2,357 per ounce today May 24
The price of gold per ounce rose by 1.91% today, reaching $3,357.51
- 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
- news
Global oil price today May 24 Brent crude hits $64.78
The price of Brent crude oil from the North Sea rose by 34 cents (0.53%) today, reaching $64.78 per barrel
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Russian Ruble Hits Two-Year High Against US Dollar
The Russian ruble reached its highest value against the US dollar in two years, driven by easing geopolitical tensions and growing optimism for a resolution to the Ukraine conflict
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Trump threatens 50 percent tariffs on Europe starting June
The U.S. president criticized the halt in trade talks with the European Union on Friday and proposed imposing a direct 50% tariff on the bloc
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Apple stock plunges as Trump threatens 25 percent tariffs
Donald Trump threatened on Friday to impose a 25% tariff on Apple if the company does not begin producing iPhones in the United States
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G7 threatens Russia with additional sanctions
Finance officials from G7 countries warned during their Thursday night meeting that additional sanctions could be imposed on Moscow if Russia refuses to agree to a ceasefire in the Ukraine…
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US-China Trade Tensions Flare Up Again
Just days after the U.S. and China announced a temporary tariff truce, tensions have now escalated over the future of China's advanced semiconductor chips
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Deadly floods devastate multiple towns in eastern Australia
Australian media reported today (Friday) that relentless rainfall over the past three days has caused unprecedented floods in the country's east, submerging streets, cutting off access to many towns, and…
- news
Japan taps strategic reserves to curb surging rice prices
Japan's agriculture minister announced plans to accelerate the release of government rice reserves to stores, aiming to offer 5kg bags below 3,000 yen (21 USD) by early June as domestic…
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UAE oil price drops to six-month low
The price of UAE's Murban crude oil has dropped to its lowest level in six months due to increased supply
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Global gold prices surge today May 23 2025
The price of gold per ounce rose 0.6% today, reaching $3,314.42
