Oil prices may fall sharply if OPEC efforts fail
OPEC and its allies were again forced to take new measures to avoid a collapse in oil prices. It is widely expected that the organization led by Saudi Arabia and Russia (now called “OPEC+”) will […]
OPEC and its allies were again forced to take new measures to avoid a collapse in oil prices. It is widely expected that the organization led by Saudi Arabia and Russia (now called “OPEC+”) will […]
The Lebanese Central Bank plans to cut interest rates in an attempt to ease the economic crisis in the country, and is considering formalizing the temporary capital controls that are set individually by local lenders. […]
The Kuwaiti government has indicated that it will invest up to $1 billion in the initial public offer for Saudi Aramco, as the Kingdom requests regional allies to boost sales of its record selling shares, […]
Analysts warn that history suggests that a sweep of the Democrats or Republicans next November could mean bad news for stocks. Investors are worried about how the stock market will react to next year’s federal […]
The world’s most popular cryptocurrency, Bitcoin, fell below $7,000 on Sunday for the first time since May. The price of Bitcoin / USD (BTCUSD) reached about $6,850, after falling about 24% during the last month. […]
Saudi Arabia marginalized international banks advising on Aramco’s IPO. JPMorgan Chase & Co. and Morgan Stanley are among the global coordinators who have been sidelined after the oil giant turned to local lenders such as […]
A new report reveals that wind speeds are now excessively increasing after three decades of slowdown. With average wind turbines producing 17% of energy in 2017, the report found that current trends continued to 2024, […]
Senior negotiators from China and the United States spoke last weekend, after signs emerged of concessions by both sides on some outstanding issues. Chinese Vice Premier Liu He, the chief negotiator in trade talks with […]
Federal Reserve Chairman Jerome Powell will testify on Wednesday before the Congress on the outlook for the US economy, giving his view two weeks after the Fed cut interest rates for the third time this […]
The number of Americans filing for jobless claims rose to a five-month high last week, but this is unlikely to signal a shift in labor market conditions as claims for a number of states were […]
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