world economy
- news
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
- 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
- news
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
- news
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
- news
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
- 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 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
- 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
- news
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
- news
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
- news
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
- news
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…
- news
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
- news
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…
- news
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
- news
Global gold prices surge today May 23 2025
The price of gold per ounce rose 0.6% today, reaching $3,314.42
- news
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
- news
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
- news
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
- news
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…
- 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
- news
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
- news
Global gold prices surge on May 20 2025
The price of gold per ounce rose by 0.40% today, reaching $3,303.42
- news
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
- news
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
- news
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
- news
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
- news
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
- news
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
- news
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
- news
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
- news
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
- news
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…
- news
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
- news
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
