Business & Economy
Oil prices down as U.S.-China trade deal has no outcome
Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week’s optimism over... Read more
Trump’s hailing of $50 billion in Chinese farm purchases seen as ‘meaningless’
China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning... Read more
Egypt’s trade deficit declines by 18.9 percent in June
Egypt’s trade deficit dropped by 18.9 percent during June 2019, recording $4.21 billion, compared to $5.18 billion in the same month of 2018, accordin... Read more
Russia says exploring settlement in euros, roubles for energy exports
– Russian Economy Minister Maxim Oreshkin said the country is considering alternatives to the U.S. dollar for energy transactions and is explori... Read more
US Fed unveils new steps to boost liquidity, manage rates
The US Federal Reserve on Friday announced a new program to boost liquidity in the US financial plumbing and allow the central bank to better manage i... Read more
