world economy
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Telegram Founder Announces Collaboration with Elon Musk
The founder and owner of Telegram announced that the messaging platform will collaborate with an AI startup owned by Elon Musk under a one-year agreement
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Elon Musk’s spacecraft disintegrates again over Indian Ocean
In the latest unsuccessful test launch by Elon Musk's SpaceX, the prototype Starship spacecraft designed for Mars travel disintegrated over the Indian Ocean on Tuesday
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Dollar hits two-year low against ruble
The US dollar fell to its lowest level against the Russian ruble in the foreign exchange market in nearly two years
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US Halts Trade Talks With China
The U.S. Treasury Secretary stated that trade negotiations between the U.S. and China have stalled and may require direct intervention by the two countries' presidents
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Trump raises steel import tariffs to 50 percent
The U.S. president announced plans to raise tariffs on steel imports to 50 percent, doubling the current rate
- 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 drops sharply on May 31 2025
The price of gold per ounce fell by 0.86% today, reaching $3,289.25
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Global oil price today June 1 2025 Brent crude hits $63.90
The price of Brent crude oil from the North Sea fell by 25 cents (0.39%) today, reaching $63.90 per barrel
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UK food inflation hits 15-month high
Food price inflation in the UK rose to 4.1% in May, reaching its highest level since February 2024
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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…
- 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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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…
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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
- 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
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
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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
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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