Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Tag : Donald Trump
Trump and Xi end Beijing summit with cautious progress
President Donald Trump concluded talks with Chinese President Xi Jinping in Beijing after the White House said the leaders had a “good meeting” that covered...
UAE and UK foreign ministers review regional tensions
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and minister of foreign affairs, met UK Foreign Secretary Yvette Cooper...
Gold and silver selloff ripples into stocks and commodities
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after...
Rising tariffs and inflation fears drive sharp drop in U.S. confidence
Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board...
EU confirms start date for US tariff response
The European Union has officially approved its first set of retaliatory tariffs on U.S. imports in response to recently imposed American duties on steel and...
Federal Reserve may intervene as bond yields surge
Financial markets experienced heightened turbulence on Wednesday as the latest round of tariffs from U.S. President Donald Trump officially took effect. The move, which has...
Brussels proposes tariff-free pact on industrial products
The European Commission has formally proposed a zero-tariff agreement on all industrial goods with the United States, signaling a renewed push to de-escalate transatlantic trade...
Sheikh Tahnoon bin Zayed engages with Donald Trump on economic growth
Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, met with former U.S. President Donald Trump in Washington, D.C.,...
Market rebounds as stock futures rise following sharp sell-off
U.S. stock futures edged higher on Tuesday following a sharp sell-off on Wall Street driven by growing recession fears. Investors appeared to reassess economic conditions...