economic
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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
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EU Commission cuts eurozone growth forecast
The European Commission has lowered its economic growth forecast for the eurozone in 2025, reducing it from 1.3% in its autumn estimate to 0.9% in its spring estimate
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Wall Street plunges after US credit rating downgrade
Moody's credit rating agency downgraded the U.S. credit rating, causing the country's stock futures to open lower on Monday
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Dollar nearly eliminated from Russia and Eurasia trade
Russian officials report that the use of national currencies in trade between Moscow and Eurasian Economic Union member states has reached a record 93%, indicating the near elimination of the…
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Hot summer burns through Americans’ wallets in 2025
Studies indicate that due to unprecedented energy price hikes in the U.S. and reduced government support, staying cool in summer 2025 will become a financial burden for many households
- 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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Trump Says India Will Soon Lift Tariffs on US Goods
The U.S. president claimed that India will soon be ready to reduce its import tariffs on American goods by 100 percent
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EU ministers criticize US-UK trade deal
EU trade ministers criticized the recent UK-US agreement and warned that the bloc may consider retaliatory measures against Washington if it fails to secure more favorable terms than this deal
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Global oil price update July 19 2024 Brent crude hits $65.28
The price of Brent crude oil from the North Sea fell by 13 cents (0.20%) today, reaching $65.28 per barrel
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Global gold price drops sharply on May 19 2025
The price of gold per ounce rose by 0.56% today, reaching $3,221.73
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UK Crypto Firms Must Disclose Customer Transactions Starting July 15 2024
UK to Require Crypto Firms to Report Customer Transaction Data from 2026
- 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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Victims families outraged as US justice system fails in Boeing 737 crash case
Attorneys for the families of victims in two fatal Boeing 737 Max crashes stated that the U.S. Department of Justice, despite Boeing's prior agreement to admit guilt, intends to close…
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Moody’s downgrades US credit rating after a century
The credit rating agency Moody's downgraded the U.S. credit rating on Friday, stripping the country of its last top-tier credit score after 108 years
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Trump trade war with countries not over yet
The U.S. president warned in remarks that his trade war is not yet over and a new wave of tariffs will soon be imposed
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Massive strike paralyzes third largest US rail network
Employees of the U.S. railroad company NJ Transit launched a widespread strike early Friday morning, bringing all train operations to a halt in the country's third-largest passenger rail network
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Global oil price today 2023/5/17 | Brent reached 65 dollars and 41 cents
The price of Brent crude oil from the North Sea rose by 88 cents (1.36%) today, reaching $65.41 per barrel
- 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 today 2023 May 17
The price of gold per ounce today dropped by 1.12%, reaching $3,203 and 65 cents
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Boeing signed its largest ever contract in Qatar
The American company Boeing, through the efforts of U.S. President Donald Trump during his regional trade-focused visit to Gulf countries, secured a historic deal with Qatar Airways
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Russia and Afghanistan cooperation surge after Taliban removed from blacklist
Afghanistan's chargé d'affaires in Moscow stated that Russia's decision to suspend the ban on Taliban activities has significantly improved trade and economic relations between the two countries
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Trump tariffs trigger price hikes in US market
The owner of Walmart stores in the U.S. announced that due to rising costs following Donald Trump's trade war, product prices in these stores will increase
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Rice price in Japan doubled
Retail rice prices in Japan have doubled compared to last year due to crop damage from extreme heat and rising demand from tourism growth, forcing the government to tap into…
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Alarm bell rings in US job market
The monthly survey by the U.S. National Federation of Independent Business shows small business optimism in the country declined for the fourth consecutive month in April
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Global oil supply to rise faster than expected
The International Energy Agency reported that global oil supply will increase by 1.6 million barrels per day this year, which is 380,000 barrels per day higher than previous forecasts
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Global gold price today 2025/7/16
The price of gold per ounce today dropped by 0.77%, reaching $3,215 and 17 cents
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Global oil price today 2025/5/16 Brent reached 64 dollars and 63 cents
The price of Brent crude oil from the North Sea rose by 10 cents, equivalent to 0.17%, reaching $64.63 per barrel today
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China condemned US and UK trade agreement
The Chinese government strongly criticized the recent UK-US trade agreement, which could lead to the removal of Chinese products from Britain's supply chain and complicate London's efforts to rebuild relations…