The crisis #Lebanon is going through has seen nothing like it in its history since independence, and the many comments from political commentators and economic experts add frightening dimensions to the climate of indecision.In this article, we want to present common fallacies that have come to represent the beliefs of ordinary Lebanese people unfamiliar with … Read more
US stock index performance was mixed at close of trading on Friday, December 2, following the monthly jobs report, but the indices posted their first collective weekly gains since October. Equity indices managed to erase earlier losses, with markets evaluating the data releases and their impact on the Federal Reserve’s decision at its next meeting … Read more
Most US stock indexes fell by close of business on Thursday, December 1, in light of tight anticipation of the monthly US jobs report. US Federal Reserve chief Jerome Powell said on Wednesday that the Fed could start cutting interest rates soon, perhaps at its current December meeting. Investors are awaiting the next monthly … Read more
We are publishing Arab and foreign currency rates against the Egyptian pound during today’s morning trading, Tuesday 29-11-2022, as the price of the dollar against the Egyptian pound today recorded £24.50 buy and £24.55 for sale, while the exchange rate of the euro against the pound recorded 25.32 for the buy, 25.51 pounds for the … Read more
It’s really something nice: before the train journey, get out of the hustle and bustle on the platforms and enter the quiet train hall (available in the most important metropolitan railway stations). Finally clean toilets, free soft drinks and specialty coffees. All just for extreme frequent drivers? No, Deutsche Bahn is reforming its BahnBonus bonus … Read more
European equities rose at close of trading on Wednesday Nov. 23, supported by gains in the mining and retail sectors. Investors await the release of the minutes of the US Federal Reserve meeting, looking for clues on the direction of monetary policy. At the close of trading, the Stoxx600 index rose 0.60% to 438 points. … Read more
Exclusive translation: The Daily Mail newspaper has published images documenting the first appearance of the head of cryptocurrency platform FTX, after the collapse of his empire, which lost $32 billion overnight, in one of the biggest financial crashes in history. The images showed the businessman sitting on the balcony of his top-floor apartment in an … Read more
US stocks closed higher on Tuesday, Nov. 22, shrugging off Chinese policies regarding COVID-19 restrictions. Instead, he focused on a string of strong earnings reports and the possibility of a future interest rate hike during a short trading week due to the Thanksgiving holiday. At the end of the session, the Dow Jones index rose … Read more
Real estate markets around the world are taking a breather… This is indicated by some positive data released by the United States, which in the short term have dispelled fears of a repeat of the mortgage crisis that hit the world in 2008. The US real estate market had received several negative signals in recent … Read more
(MENAFN– Al-Anbaa) A large number of cryptocurrency exchanges have been forced to suspend some withdrawals in recent days, after the bankruptcy of its competitor, FTX, the repercussions of which are still continuing. The latest of these is French exchange Coinhouse, which confirmed to AFP that it has closed withdrawals from its cryptocurrency brochure, which is … Read more