Cairo 11 January 23, 2024 SPA Today, via video conference technology, Egyptian President Abdel Fattah El-Sisi and his Russian counterpart, Vladimir Putin, witnessed the start of concrete pouring at the base of the fourth electricity unit at the Dabaa Nuclear Power Plant. In his speech on this occasion, President …
Read More »Japan recorded a trade surplus of 62.121 billion yen last month
Tokyo January 24, 2024 SPA The Japanese Ministry of Finance announced today that the country’s merchandise trade surplus last month reached 62.121 billion yen. Japan’s exports increased last month by 9.8% to reach 9.648 trillion yen, while they were expected to grow by 9.1% after contracting by 0.2% during the …
Read More »Chinese Central Bank pumps 463 billion yuan into the banking system
Beijing January 24, 2024 / SPA The People’s Bank of China (the central bank) pumped 463 billion yuan ($65.16 billion) into the banking system through 7-day reverse repo operations, at an interest rate of 1.8%. China News Agency (Xinhua) quoted the Central Bank in its statement: “This step aims …
Read More »China cuts taxes on stock trading for the first time in 15 years
Aug 27 China has reduced stamp duty on stock trading for the first time since 2008, in a major effort to restore confidence in the world’s second-largest stock market. And the government said, in a statement today, Sunday, that the fees imposed on stock trading will be reduced by half, …
Read More »The Federal Reserve Bank of Australia raises interest rates by 25 basis points to 3.85%.
Canberra Shawwal 12, 1444 AH corresponding to May 02, 2023 AD The Federal Reserve Bank of Australia announced in a statement on its official website that it has raised the official interest rate by 25 basis points from 3.6% to 3.85%. The Governor of the Reserve Bank, Dr. Philip Lowe, …
Read More »Global stocks record collective monthly gains, supported by corporate earnings and inflation data
US stocks rose to an advanced closing level at the end of monthly trading, Friday, while benchmark Treasury yields fell at the end of a week marked by strong business results. The Dow Jones Industrial Average closed up 272, or 2.5%, in April. The S&P achieved a monthly gain of …
Read More »Canada bans the Tik Tok app in the country
The Canadian government has banned TikTok from all of its phones and devices, citing data protection concerns. And the TikTok application, owned by the Chinese company ByteDance, has been under the microscope of the West for months due to concerns about the extent of Beijing’s access to user data. And …
Read More »Putin: Russia is fighting in Ukraine for its ‘historic lands’
Russian President Vladimir Putin considered, on Wednesday, in a brief speech during a major national festival at the Luzhniki Stadium in Moscow, that Russia is currently fighting in Ukraine for its “historic lands.” “Today, the military leadership told me that battles are taking place within our historical lands for the …
Read More »Hacking FBI computers
On Friday, CNN reported, according to informed sources, that the computers of the Federal Bureau of Investigation (FBI) in New York “The FBI is aware of the incident and is working to obtain additional information,” the FBI said in a statement to the network, adding that it was still conducting …
Read More »London: Ukraine can be supported on earth, not in heaven
LONDON – (Reuters) British Defense Secretary Ben Wallace said on Wednesday that Western allies could help Ukraine more quickly by bolstering its position on the ground rather than concentrating on supplying it with aircraft. Long-range weapons and anti-aircraft missiles. “I think we can help Ukraine faster by providing what they …
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