Saudi newspaper interests

Riyadh 19 Shaaban 1444 AH corresponding to March 11, 2023 AD
Today’s major newspaper headlines:
The leadership congratulates the presidents of China and Nepal
The Crown Prince performs the funeral prayer for Princess Al-Jawhara bint Abdulaziz, and participates in the burial of her body
Resumption of diplomatic relations between the Kingdom and Iran
Al-Aiban: The Kingdom’s approach is consistent in adhering to good neighborliness and enhancing the security of the region and the world
An Arab and Islamic welcome to the resumption of diplomatic relations between Saudi Arabia and Iran
The Minister of Foreign Affairs discusses with his French counterpart cooperation and its development in accordance with Vision 2030
Flag Day.. a symbol of sovereignty, strength and peace
Replacing the embroidered pieces around the Black Stone and the Yemeni Corner
Shura claims to facilitate the investor’s journey in the business sector
The Kingdom received 67 million visitors last year
The occupation arrests the father and brother of the perpetrator of the “Dizengoff” operation
Western condemnation of the “indiscriminate” Russian attacks.. Bakhmut’s defenses are steadfast
Protesters in Georgia chant “victory”
An unprecedented third term for Xi Jinping
Al-Riyadh newspaper explained in its editorial titled (Good Neighborhood): There is no better way than dialogue to reach results that satisfy the concerned parties. Iranian (desiring to resolve the differences between them through dialogue and diplomacy within the framework of the fraternal ties that unite them, and their commitment to the principles and purposes of the charters of the United Nations and the Organization of Islamic Cooperation, and international conventions and norms), the agreement came based on a common desire under Chinese auspices for the restoration of relations between the two countries To return to normal, and to end years of estrangement that affected the security and stability of the region, and for peace in the region to be the main address leading to resolving many hot files that did not find radical solutions to end them.
And she continued: The Kingdom has always inclined to peace, and its hands have always been extended for the sake of a stable and balanced world, and in order for our region to be preoccupied with development and looking forward to the future instead of the state of instability it has witnessed for decades, the Saudi-Iranian agreement came to put an end to the outstanding matters that caused A rift in relations that could have continued for decades longer had it not been for the wisdom of our rational leadership, which responded to the Chinese President’s call to “develop good neighborly relations between the Kingdom of Saudi Arabia and the Islamic Republic of Iran.” Mutual commitment to good neighborliness, national sovereignty, and non-interference in internal affairs or influence on them, all of which are extremely important points for starting a new era in relations between Riyadh and Tehran, which will reflect positively on the relations between the two countries in particular, and on the stability of the region in general.
Al-Eqtisadiah newspaper stated in its speech entitled (Stocks, Real Estate and Interest Pitfalls): When the Chairman of the Federal Reserve hinted to US lawmakers that the Fed will likely need to raise interest rates more than expected on the back of strong data issued recently, and that he is ready to move with greater steps. , if the subsequent information “in totality” indicates the need for stricter measures to control inflation. Here, the reaction of these statements – despite their keenness to calm down – on the stock markets was quick, and witnessed fluctuations and fluctuations due to ambiguity about the path of interest in America, and the red color dominated the indices of the American and European markets and affected the Gulf.
And she continued: Although Powell’s statements were very careful not to cause a wave of declines in the financial markets, the response of the financial markets was favorable, as European stocks fell with the European Stoxx 600 index falling 0.3 percent, and the main indicators of the Wall Street Stock Exchange closed on A sharp decline, while inflation risks are increasing, which has exacerbated pressure on an already tense market with accumulated crises. It is expected that the trend will be downward in the stock markets, if the Fed’s expectations were actually fulfilled and interest rates were raised more than expected. In the context of the real estate market as well, investors are awaiting reactions with all statements hinting at lifting monetary tightening, but in the end the real estate market will be affected at varying and unclear levels amid a foggy future atmosphere. But the pressing question now is, what are the expectations referred to by Jerome Powell? After a full year of accelerating interest rate hikes in an unprecedented way in American economic history, the Fed was expected to take a different approach in 2023, by raising interest rates at a slower pace, and the directions of this approach were evident when they were raised in February. (February) by a quarter of a percentage point, which is the lowest increase since last March, and many analysts and investors were optimistic about this step, and it was hoped that the interest rate curve would begin to twist towards slow rises before it reached its peak, which became close to 5.50 percent. In 2023, or that prices reach 6 percent, and it was the least likely, but his speech dispelled those possibilities with his speech, which brought matters back to ambiguity again and opened the door to speculation, and the head of the US Central Bank said at the beginning of a hearing before the Senate Banking Affairs Committee, ” Recent economic data came out stronger than expected, indicating that the level to which interest rates will be reached will likely be higher than previously expected.” That is, prices may exceed the rate of 6 percent, and even a return to raising prices at a rate of half a point every quarter has become within the range of possibilities as well, and this of course will have strong effects on the financial markets, as money is looking for returns and returns today are in owning the dollar in general. This means more strong pressure on other currencies, and 2023 will not be an outlet for re-drawing