Tag : global economy

Business

Gold prices rise as risk sentiment weakens globally

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LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm...
Business

UAE strengthens position among fastest-growing economies

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ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in...
Business

UNCTAD urges Africa to boost trade ties for economic resilience

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The United Nations Conference on Trade and Development (UNCTAD) has emphasized Africa’s vulnerability to global economic shocks in its Economic Development in Africa Report 2024....
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Korean won hits new yearly low amid Trump tariff concerns

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The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic...
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Elliott Management warns of crypto collapse due to White House backing

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Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of...
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China industrial profits fall 4.7 percent in first eleven months of 2024

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China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
Business

ECB lowers deposit rate to 3.5% as inflation nears target

basrahdaily.com
MENA Newswire News Desk: In a move widely anticipated by economists, the European Central Bank (ECB) cut its key deposit rate by 25 basis points to...