The Euro’s Advantages for Medium-Sized Companies Unveiled by German Association Chairman

The Euro’s Advantages for Medium-Sized Companies Unveiled by German Association Chairman

Medium-sized companies also welcome the advantages of the European common currency. For the chairman of the Federal Association of Small and Medium-Sized Enterprises in Saxony-Anhalt, Oliver Brunn, the euro is a success story because “it has brought stability to the economies in the euro area, price stability in the broadest sense and cooperation between the … Read more

Expert Predicts Krone Party – Good News for Mortgage Holders

Expert Predicts Krone Party – Good News for Mortgage Holders

Especially people with mortgages will be winners of the expected krone party. Dane Cekov, macro and currency strategist at Nordea Markets, believes so. One euro cost as much as NOK 11.96 in mid-November this year, but the krone rose sharply after Norges Bank unexpectedly announced that they increased the interest rate earlier this month. In … Read more

2023: The Year of Cryptocurrency Comeback

2023: The Year of Cryptocurrency Comeback

A year ago, things were not looking particularly good for the cryptocurrency market. A series of scandals in 2022 had sent the value of cryptocurrency straight down, after a period of strong recovery through the pandemic. Be notified of the latest news: Get the Nettavisen app iPhone and Android her! One of the biggest crypto … Read more

Family Medicine Consultant Warns of Dangerous Side Effects of Nutritional Supplements – Consult Specialists Before Use

Family Medicine Consultant Warns of Dangerous Side Effects of Nutritional Supplements – Consult Specialists Before Use

Al-Marsad newspaper: Family medicine consultant, Dr. Hani Al-Ghamdi, revealed the story of a person who took a nutritional supplement, and after days he did not remember the password for his bank account. Al-Ghamdi said in a video clip circulated on the “X” platform that the person preferred to take supplements and vitamins with the aim … Read more

Norwegian Krone Strengthens: Euro Costs NOK 11.38, Dollar at 10.42 – Norges Bank Raises Interest Rate to 4.5%

Norwegian Krone Strengthens: Euro Costs NOK 11.38, Dollar at 10.42 – Norges Bank Raises Interest Rate to 4.5%

(The online newspaper): The Norwegian krone continues to strengthen: On Monday, one euro costs NOK 11.38, while you have to pay 10.42 for one dollar. Last week you had to pay 11.84 for one euro and 10.96 for one dollar. Senior strategist Dane Cekov at DNB Markets tells Nettavisen that this is solely due to … Read more

Central Banks Battle Hyperinflation with Interest Rate Cuts: What it Means for the Economy

Central Banks Battle Hyperinflation with Interest Rate Cuts: What it Means for the Economy

For about two years, hyperinflation has been the focus of events, so the persistent attempts made by central banks to reverse its course have increased, and with the war of central banks on the specter of inflation, it seems that the world is on the verge of reaching a new chapter in this economic narrative. … Read more

Standard & Poor’s adjusts Bahrain’s outlook to stable amid deficit concerns – CNN Economic

Standard & Poor’s adjusts Bahrain’s outlook to stable amid deficit concerns – CNN Economic

On Friday, Standard & Poor’s credit ratings agency revised the outlook for the Kingdom of Bahrain’s economy from positive to stable, indicating spending pressures that may push the fiscal deficit to a wider range than previously expected. According to Reuters, Standard & Poor’s maintained its rating at (B/B+) for Bahrain, and said it expects the … Read more

Challenges Faced by Businesses with Mandatory Sale of Export Proceeds under New Mechanism

Challenges Faced by Businesses with Mandatory Sale of Export Proceeds under New Mechanism

Businesses have encountered difficulties with the mandatory sale of export proceeds under a new mechanism launched in October by presidential decree. The key question is how to deal with rubles that come from buyers to foreign accounts. Now the rules are interpreted in such a way that exporters need to exchange at least part of … Read more

The Inspirational Journey of Dr. Abdullah Al-Fawzan: From Taxi Driver to Sociology Professor

The Inspirational Journey of Dr. Abdullah Al-Fawzan: From Taxi Driver to Sociology Professor

Al-Marsad newspaper: Sociology professor Dr. Abdullah Al-Fawzan revealed the story of his work as a taxi driver for an elderly person and his daughters for 150 riyals. Al-Fawzan said, in a video clip: I was a taxi driver in high school, and I was with a young man and his daughters. I used to drive … Read more