President Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, met Monday with Prime Minister Salem Saleh Bin Breik, Central Bank Governor Ahmed Ghaleb and Head of the Economic Team Hossam al-Sharjabi.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
Gold prices stabilize amid expectations of a reduction in US interest rates
[01/07/2024 02:56]
LONDON – SABA
Gold prices stabilized in Asia in the early hours of Monday morning, supported by data showing a decline in inflation in the United States, which raised hopes that the US Federal Reserve will begin reducing interest rates this year.
Gold stabilized in spot transactions at $2,323.74 per ounce, and prices jumped more than 4 percent during the second quarter. US gold futures fell 0.3 percent to $2,333.