Updates on global news from all around the continents.
Oil prices witnessed a jump of over 1% during Wednesday, May 21 trading sessions, following media reports revealing Israel's readiness to carry out a potential strike against Iranian nuclear facilities.
Gold markets witnessed a strong uptrend today, Wednesday, May 21, as prices rose to their highest levels in a week, supported by the decline of the US dollar and increasing demand for the yellow metal.
The annual inflation rate in the United Kingdom recorded an unexpected jump during the month of April, rising to 3.5%, reaching its highest level since January 2024, surpassing analysts' expectations which were indicating 3.3%.
The Turkish-American joint group confirmed during its meeting in Washington the commitment of both countries to support a "stable, sovereign, and peaceful Syria," as stated in a joint statement published on the website of the US Department of State.
Gold markets witnessed a decline in prices today, Tuesday, May 20, driven by a slight increase in the value of the US dollar, in addition to growing hopes of a possible ceasefire between Russia and Ukraine.
The People's Bank of China has reduced its key interest rates for the first time in seven months, as part of its efforts to support economic growth, benefiting from the improved performance of the yuan and the easing of global trade tensions.
American billionaire and founder of Bridgewater Associates hedge fund, Ray Dalio, warned that Moody's downgrade of the United States' sovereign credit rating does not adequately reflect the real risks facing US Treasury bonds.
German police have managed to arrest a Syrian citizen suspected of being involved in a stabbing attack that injured 5 people, including two serious cases, in the city of Bielefeld in western Germany.
Russian news agency "Interfax" reported today, Monday, citing Deputy Prime Minister Alexander Novak, that the Russian government supports extending the partial ban on gasoline exports, which is currently in effect until the end of August, to the months of September and October.
Yuri Ushakov, one of Russian President Vladimir Putin's assistants, said that the President welcomed the progress in the talks between the United States and Iran regarding Tehran's nuclear program during his phone call with US President Donald Trump today, Monday.
President Donald Trump said that his call with Russian President Vladimir Putin today, Monday, went well, and that Moscow and Kiev will "immediately begin negotiations" to cease fire and end the war.
With the participation of the Minister of Health, Dr. Musab Al-Ali, the 78th session of the World Health Assembly in Geneva kicked off today, Monday, May 19th, and will continue until May 27th under the theme "One World for Health."