The most recent U.S. inflation report indicates that tariffs are beginning to influence the prices of frequently imported consumer goods. However, falling car prices have helped moderate overall […]
Economy
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Dollar gets reprieve as US economy shrugs off tariffs
The U.S. dollar has experienced a temporary recovery as the domestic economy demonstrates resilience against the pressures of trade tariffs. Analysts note that despite ongoing trade tensions, economic […]
Uncategorized
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Minister of Petroleum Explores Energy and Mining Collaboration with IFC
Egypt’s Minister of Petroleum is engaging with the International Finance Corporation (IFC) to explore potential partnerships in the energy and mining sectors. Discussions are centered on identifying viable […]
Markets
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Bitcoin Surpasses $120,000 Amid Economic Warnings
The value of Bitcoin has exceeded the $120,000 mark for the first time, prompting caution from economic experts who describe the surge as highly volatile and risky. Analysts […]
Economy
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Egypt and Somaliland Strengthen Economic Ties Through Livestock Trade
Egypt has initiated economic collaboration with Somaliland, focusing on the import of live cattle and livestock to ensure adequate meat supply for local consumers. The initiative aims to […]
Economy
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Chinese economic geographer criticizes excessive investment in high-speed rail
Lu Dadao, a prominent Chinese economic geographer and academician of the Chinese Academy of Sciences, has issued a detailed critique of China’s high-speed rail (HSR) development. He argues […]
Economy
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Treasury Secretary advises against removing Federal Reserve Chair Powell
U.S. Treasury Secretary Scott Bessent has urged President Donald Trump to refrain from dismissing Federal Reserve Chair Jerome Powell, citing potential economic and market disruptions. Bessent highlighted that […]
Economy
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Revitalization of Norfolk’s Park Place driven by local entrepreneurs
In Norfolk, Virginia, the Park Place neighborhood is undergoing a cultural and economic transformation led by local business owners like Ismael Saleem and Samantha Peavy. The 35th Street […]
Economy
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Poll reveals divided views among New Yorkers on economic outlook, Social Security, and Medicare
A recent survey conducted by the Sienna College Research Institute (SCRI) indicates that 47% of New Yorkers believe the country’s best economic days are behind it, while 45% […]
Real Estate
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UBS revises Scandic Hotels Group outlook to Neutral amid Swedish economic concerns
Swiss banking giant UBS has adjusted its rating for Scandic Hotels Group AB (SHOT:SS) from Buy to Neutral, while simultaneously increasing its price target from SEK83.50 to SEK85.80. […]