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The US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday

  • 13 June, 2022
  • 3:52 pm EEST

The US dollar strengthens early Monday; retail sales and the FOMC's focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of…

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Fighting climate change in Pakistan needs 50 million dollars within a year Despite the fuel and electricity crises,

  • 13 June, 2022
  • 3:11 pm EEST

Fighting climate change in Pakistan has become an urgent issue as the country grapples with the fallout from the fuel and electricity crises that plunged the country into darkness last week. The Minister of Finance, Miftah Ismail, announced the allocation…

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Gold prices fall in anticipation of US inflation data

  • 10 June, 2022
  • 3:31 pm EEST

Gold prices fell, during trading today, Friday, June 10, 2022, and are heading to record a slight weekly decline with the rise in US Treasury bond yields. This comes as investors await key monthly inflation data in the US, for…

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Russia’s fossil fuel exports to Europe feed Moscow’s coffers with $64 billion

  • 09 June, 2022
  • 3:59 pm EEST

Moscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union's imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on…

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Oil prices rise .. Brent crude above $ 121

  • 08 June, 2022
  • 3:16 pm EEST

Oil prices rose, during trading today, Wednesday, June 8, 2022, amid expectations of a decrease in US oil stocks. The rise coincides with expectations of increased demand for fuel in the upcoming driving season, as the US Energy Information Administration…

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