Noha Makram-Live- US jobs rose faster than expected in November and unemployment fell despite signs of a weakening economy. US non-farm payrolls rose to a seasonally adjusted 199,000 during the month, which is slightly higher than the Dow Jones estimate of 190,000, and higher than the unadjusted October data of 150,000, according to the Labor … Read more
Abu Dhabi – Mubasher: Fitch, in its report entitled “Middle East Banks Outlook 2024,” gave UAE banks a stable future outlook. The agency expected that favorable business and operating conditions for UAE banks would continue in 2024, and real GDP growth would accelerate moderately to 3.9 percent in 2024 (2023: 2.3%); According to the report. … Read more
Last week, prices increased in all “Nord Pool” sales areas. In all Baltic countries, the weekly average price of electricity was 147.88 euros per MWh, which increased by 18% compared to the previous week. At the same time, the weekly average price of the “Nord Pool” system increased by 34%, reaching an average of 102.27 … Read more
ANPWork on power lines If the four major right-wing parties form a coalition together, the energy transition could be delayed. Grid operator Tennet, the state-owned company that manages the national high-voltage grid, warns about this. “I’m worried, I fear that we are losing momentum,” says chairman Manon van Beek News hour. “We are moving towards … Read more
The Energy Regulatory Office (ERÚ) will announce changes in the regulated component of energy prices at a press conference today. He has already announced that he plans to increase next year by around 70%. This is likely to be felt by households as well, as the regulated component forms part of the total price that … Read more
Live: US stocks rose, at the end of Tuesday’s session, with bond yields declining after Federal Reserve Governor Christopher Waller’s statements that the economic slowdown may return inflation to its target, indicating that there is currently no justification for further raising interest rates. At the end of trading, the Dow Jones Industrial Average rose 0.25%, … Read more
Muhammad Shaker – Mubasher: UAE financial market indices rose at the close of trading on Tuesday, amid weak pricing of the possibilities of the Federal Reserve raising interest rates next month.. According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to 2.273 billion dirhams, and the Abu Dhabi … Read more
Live: European stock indices declined at the end of the first session of the week, today, Monday, with the evaluation of economic data indicating that the growth in profits of industrial companies in China slowed significantly during the month of October, which raised concerns about the recovery of the second largest economy in the world. … Read more
Besides things which clutter up the apartment the most, there are household appliances that increase your utility bills if they are not used correctly. It’s about what you can do easily save money and spend it on something more pleasant by simply unplugging this or that device from the outlet. “When appliances are left in … Read more
Hundreds of thousands or millions of electric cars connected to the energy grid can only bring one thing – inevitable overload and collapse of the energy grid. Exactly such a myth is one of the most popular among opponents of the transition to electromobility, which, however, is already inevitably underway. According to research by a … Read more