Dubai, United Arab Emirates (CNN) – According to estimates issued by “Goldman Sachs” bank on the expectations of global economic growth in 104 countries until 2075, it is expected that in 2050 the five largest economies in the world will be China, America, India, Indonesia, and Germany. By 2075. China, America, and India are likely … Read more
Abdel Halim Salem wrote Friday, July 14, 2023 12:00 AM The American global Goldman Sachs Foundation predicted that the Egyptian economy will rank seventh in the world in 2075, as the second African economy after Nigeria, which is expected to rank fifth, in the latest report of the financial institution. The report revealed that Egypt’s … Read more
Headline and core inflation in the Eurozone eased in May, far less than expected following recent inflation data from Spain, France and Germany. European stocks closed higher after inflation eased European stocks rose at the close of trading today, Thursday, as data on falling inflation sparked controversy over the need for further interest rate hikes … Read more
Gold’s trading was affected by the US jobs report for the month of April, which showed more jobs added than analysts’ expectations. Gold futures rose by 0.4%, or $8.4, to $2,033.2 an ounce. Gold prices rose at the settlement of trading session, today, Monday, May 8th, to close higher for the fourth time in the … Read more
The American company “Bed Bath and Beyond” for retailing household goods declares bankruptcy after years of losses exceeding one billion dollars annually. The American company “Bed Bath and Beyond” declares bankruptcy Today, Sunday, the American company “Bed Bath and Beyond” for retailing household goods declared bankruptcy after years of losses exceeding one billion dollars annually, … Read more
General Manager of the Mars Group, Paul Warwick, said in an interview with Agence France-Presse that climate change imposes on large companies, including those operating in the chocolate industry, a moral duty to reduce their impact, considering that growth and environmental preservation can be inseparable. The name of the giant “Mars” company in the field … Read more
European central banks are making efforts to curb inflation, in conjunction with the US Federal Reserve’s announcement of raising interest rates by 0.25 percentage points. The Bank of England took a similar decision, bringing the main interest rate to 4.25%. Switzerland, Norway and Britain announced today, Thursday, that they will raise interest rates to curb … Read more
After China opened its borders, Brent crude futures rose $1.08, or 1.4%, to settle at $79.65 a barrel. US West Texas Intermediate crude oil rose 86 cents, or 1.2%, to $74.63 a barrel. Oil climbed more than 1%, with optimism about demand after China opened its borders Oil prices rose more than 1% on Monday … Read more
On the final trading day of 2022, gold was up in spot transactions by 0.2%, to $1818.70 an ounce, as of 18:58 GMT. Gold prices rallied at the end of today’s trading on Friday Gold prices moved higher today, Friday, and the precious metal is about to close with its best quarterly performance since June … Read more