The US Federal Reserve slashed the targeted range of the benchmark interest rate, for the first time since March 2020, by 0.5 percent to 4.75 to 5 percent, prodded by the inflation’s progress towards the two-percent goal.
“In light of the progress o…
European Union High Representative Josep Borrell said attacks that occurred on Tuesday in Lebanon endanger its security and stability and exacerbate acts of escalation in the region.
In a statement on Wednesday, the European Union embassy in Lebanon…
In light of its vigilant monitoring of the domestic and international economic developments and the end of the monetary tightening cycle initiated since March 2022 at most of global central banks, the Board of Directors of the Central Bank of Kuwait …
Director General of the Human Development Department at the Ministry of Planning, Maha Abdul Karim Al-Rawi, confirmed today, Wednesday, that Iraq has the lowest divorce rates among Arab countries compared to its population.
She said during her speech…
Oil prices closed higher on Tuesday, reaching their highest level this month, with increasing supply disruptions and traders betting that demand will grow if the Federal Reserve/US Central Bank/cuts borrowing costs this week.
Brent crude futures rose…