economic
- news
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
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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
- 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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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…
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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
- 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 prices surge today May 23 2025
The price of gold per ounce rose 0.6% today, reaching $3,314.42
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World Bank predicts 1.6% growth and 42% inflation for Iran’s economy
The World Bank predicted a 1.6% economic decline and 42% inflation for Iran's economy this year
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Global oil price today May 23 Brent crude hits $64.11
The price of Brent crude oil from the North Sea fell by 33 cents (0.51%) today, reaching $64.11 per barrel
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US stock market and dollar plunge following Trump tax bill
U.S. stock market indices and the dollar value fell sharply on Wednesday as investors sold off assets amid growing concerns over Donald Trump's proposed tax cuts
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Global Energy Agency Warns of Looming Copper Shortage Crisis
The International Energy Agency (IEA) warned in a report that demand for copper, essential for transitioning from fossil fuels to a low-carbon global economy, will surpass supply in the coming…
- 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
Musk says he will stay at Tesla for at least five more years
Elon Musk, the American billionaire and owner of several companies including Tesla, stated that he will remain CEO of the electric vehicle manufacturer for at least the next five years
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Reuters Claims Lifting Iran Sanctions Would Impact Chinese Refineries
Reuters claimed in a report that lifting U.S. oil sanctions on Iran could deal a "fatal blow" to China's independent refineries
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Global gold prices surge on May 20 2025
The price of gold per ounce rose by 0.40% today, reaching $3,303.42
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Global oil price today May 21 2025 Brent crude hits $66.43
The price of Brent crude oil from the North Sea rose by $1.05, equivalent to 1.61%, reaching $66.43 per barrel today
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EU Commission forecasts Brent crude oil price
The European Commission's spring report predicted that the price of Brent crude oil will drop to $67.7 per barrel in 2025 and $64 in 2026
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European airlines raise flight ticket prices
Europe's largest airline, Ryanair, announced it will raise ticket prices this summer after a year of low fares that led to a 16% drop in profits
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China shares its model for eradicating poverty
The President of China stated that the government is ready to share its experience in eradicating poverty with member countries of the Shanghai Cooperation Organization
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Global oil price today May 20 2025 Brent crude hits $65.50
The price of Brent crude oil from the North Sea rose by 1 cent (0.01%) today, reaching $65.50 per barrel
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Global gold price surges today May 20 2025
The price of gold per ounce fell by 0.58% today, reaching $3,210 and 67 cents
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Oil giants brace for prolonged slump in crude prices
The English newspaper Financial Times warned in a report that the world's largest oil companies are preparing for a prolonged period of declining crude oil prices
