Washington: US President Donald Trump announced on Wednesday that he had reached a preliminary agreement with China, under which rare earths will be imported from Beijing. Trump stated that the agreement includes the placement of Chinese students in A…
Business
Iraq, Libya’s Crude Oil Exports to Rise in May 2025
Baghdad: A new report by the Energy Research Unit indicates an increase in Iraqi and Libyan oil exports, while Oman and Qatar’s seaborne crude oil exports declined in May 2025. The new report stated that Iraqi and Libyan oil exports increased during M…
European Stocks End Day Unchanged as Investors Await US-China Trade Talks Outcome
Sanaa: European stock indices closed Tuesday on a flat note, as investors awaited the results of the second day of US-China trade talks in London. The Stoxx Europe 600 index closed flat for the second consecutive day at 553.12 points.
According to Y…
Chinese Trade Talks Yield Framework for Resolving Disputes
Beijing: Chinese Vice Minister of Commerce, Li Zhenggang, confirmed that China and the United States held in-depth, rational, professional, and candid trade talks. These discussions took place over two days of intensive negotiations in London, where b…
Gold Prices Decline as Dollar Rises
London: Gold prices declined on Tuesday, affected by a stronger dollar as market participants awaited details of the second day of US-China trade talks in London. Spot gold fell 0.6% to $3,307.22 per ounce by 05:02 GMT.
According to Yemen News Agenc…
World Bank Lowers Global Economic Growth Forecast for 2025
Washington: The World Bank on Tuesday lowered its global economic growth forecast for 2025 by 0.4 percentage points, to 2.3%, noting that escalating trade tensions and increased tariffs represent a “significant obstacle” for nearly all economies, both…