Economy
Gold Is Heading For The Best Weekly Gain In More Than Two Months
On Friday, gold is set to achieve its best weekly performance in more than two months due to renewed indications that the US Federal Reserve may be…
Economy
Bloomberg: The White House Weighs Digital Trade Deal to Counter China in Asia
Sources told "Bloomberg" that the White House is working on preparing a digital trade agreement that includes the economies of India and …
Economy
Sterling Rises, Supported by British Gov Plans to End COVID-19 restrictions
The British pound rose on Monday as British Prime Minister Boris Johnson announced plans to fully reopen the economy later this month, despite a ju…
Economy
Facebook's market Rises To $1 Trillion For First Time After Judge Rejects Monopoly Complaints
A U.S. judge on Monday dismissed federal and state antitrust complaints against Facebook Inc that sought to force the social media company to sell In…
Economy
Vaccine profits: Making Billions Of Dollars In Profits From A Killer Virus
Washington - Press reports indicated that the American companies "Pfizer" and "Moderna" could reap more than $50 billion in fin…
Economy
The Global Asset Price Bubble Heralds An Economic Collapse
It seems that politicians and economists have not learned many lessons from the bursting of the US real estate and credit bubble in 2008, which exp…
Economy
Inflation Threatens the Global Economy After Major Support and Stimulus Plans
The global economy witnessed the fastest rise in inflation since 2008, with trillions of dollars spent in the form of stimulus packages from govern…
Economy
Oil prices rise as US inventories fall
Oil prices rose on Wednesday, while the price of Brent crude rose for the fifth consecutive session, as sentiment improved on the back of falling i…
Economy
UK and Australia Agree First Post-Brexit Ambitious Free Trade Deal
Britain and Australia announced a free trade deal on Tuesday which the British government hailed as an important step in building new trade relatio…
Economy
El Salvador First Country to Make Bitcoin Cryptocurrency Legal Tender
El Salvador has become the first country in the world to adopt bitcoin as legal tender that can be used for payment, after Congress approved Presid…
Economy
Bitcoin Drops to 3-week Low After Comments From US Tax Chief
Bitcoin fell to a three-week low on Tuesday, amid signs of caution from institutional investors, and influenced by comments from the head of the US…
Economy
Brent Oil Prices Rise Above $ 70 ahead of the OPEC Plus meeting
Oil prices rose above $ 70 a barrel for Brent, hours before the start of a meeting of the Ministerial Committee of the "OPEC Plus" allian…
Economy
Inflation is rising in the United States and exceeding the target level
Consumer prices in the United States accelerated in the year to April 2021, as the inflation index exceeded the US Federal Reserve's target of …
Economy
Five Reasons why Cryptocurrencies are Raising Alarm
With investors increasingly appealing to major cryptocurrencies such as bitcoin and the growing range of associated financial products, regulators …
Economy
Goldman Sachs reveals its forecast for the oil market in 2021
Goldman Sachs expected oil prices to rise to $ 80 a barrel in the fourth quarter of 2021, explaining that the market did not improve the estimate o…
Economy
Bitcoin Drops Bellow $ 40,000, and Ethereum Plummets
Bitcoin continued its downward spiral of volatility for a week, sliding below the $ 40,000 mark on Wednesday, as news of further restrictions on cr…
Economy
The Global Economy is Entering Unfamiliar Territory: Supply Shortages are Acute in U.S
After a decade of worries about inadequate demand and spending power in the aftermath of the global financial crisis, signs of insufficient supply ar…
Economy
Hungary Plans 50% Tax Cut on Crypto Earnings to Encourage Disclosure
Hungary plans to slash the tax on cryptocurrency earnings by 50% from next year in an effort to encourage investors to declare income from trading di…
Economy
Chip shortage to cost auto industry $110 billion in revenues in 2021
Consulting firm AlixPartners said, the global deficit in semiconductor chips will cause the automakers to lose revenue of $ 110 billion this year, …
Economy
The Lessons of Trump’s Disastrous Steel Tariffs and Failure to Revive the US steel Sector
On March 23, 2018, former US President Donald Trump imposed 25% tariffs on steel imported from Canada, Mexico and the European Union, assuring Amer…
