Mark Carney, a relatively new face in politics and a former finance expert, has been elected as the leader of Canada’s Liberal Party, succeeding Prime Minister Justin Trudeau. Carney’s unique background includes a significant career in finance and experience navigating global crises, making him well-equipped to lead Canada amid tensions with the U.S. and challenges ...
Oil prices have increased nearly 1% on Friday, driven by hopes of an economic recovery in China, the largest oil importer, and predictions of reduced U.S. oil inventories. Analysts indicated a potential decline of about 1.9 million barrels in U.S. crude stocks, with some sources suggesting an even bigger drop of 3.2 million barrels. Brent ...
Oil prices increased by nearly 1% on Friday, driven by hopes of an economic recovery in China, the world’s largest oil importer, and predictions of lower U.S. oil inventories. Brent crude was up to $73.86 a barrel, while West Texas Intermediate rose to $70.19. Analysts are anticipating a decrease in U.S. stockpiles, with forecasts suggesting ...
Egypt’s credit rating has been upgraded by Fitch Ratings for the first time since 2019. This upgrade comes as the country continues to recover from two years of economic crisis, bolstered by a $57 billion global bailout. This positive change signals growing confidence in Egypt's economic stability.
China's recent economic indicators show signs of stabilization following the government's latest stimulus efforts. The manufacturing and housing sectors are showing tentative signs of recovery, suggesting a positive shift in the economy.
The US stock market keeps climbing, even as Big Tech faces declines. Gains are broadening out, with sectors like real estate rebounding after a tough first half of the year. Investors are shifting focus, boosting diverse industries and lifting overall market sentiment.
