MediaIn – Mexico 8 March 2018 The fifth session of the World Summit on the Oceans kicked off yesterday in Cancun, Mexico, where more than 360 government leaders from around the world, industrialists and multilateral organizations, and the scientific and civil society will meet to discuss a constructive solution to …
Read More »Oil prices close higher as the dollar falls
MediaIn / Agencies March 7, 2018 Oil prices closed higher today, supported by the dollar’s decline. Brent crude futures closed up 25 cents, or 0.4 percent, to settle at $ 65.79 a barrel. US WTI crude futures closed up three cents to record At $ 62.60 per barrel
Read More »Oil continues to gain on expectations of strong demand and production cuts
MediaIn / Agencies March 6, 2018 Oil futures rose Tuesday to a third session, boosted by strong demand expectations, as OPEC ministers hailed the firmness of their deal to cut output, which aims to boost prices. US crude futures for June delivery reached $ 65.66 a barrel, up 12 cents, …
Read More »US tariffs on imports of steel and aluminum are controversial
Media In – Agencies 4 March US President Donald Trump’s comments over the past 24 hours have sparked controversy over his plan to impose tariffs on imports of steel and aluminum by 25 percent and 10 percent. The world’s major economies met those statements with criticism. European Trade Commissioner Cecilia …
Read More »Empower is participating in the 2018 Energy Annual Conference in America
Media In – Dubai March 4, 2018 and WAM Emirates Corporation for Central Cooling Systems (Empower) will participate in the 2018 Energy Annual Conference, which will be hosted by Baltimore County, Maryland, from 5-9 March under the theme “Sharing solutions for a sustainable future”, in conjunction with the meeting of …
Read More »The global manufacturing sector posted the highest growth in seven years
Media In – Vienna, March 4, 2018 The world manufacturing sector has rebounded significantly and figures from the United Nations Industrial Development Organization (UNIDO) showed an increase in the value of added manufacturing by 3.5 percent in 2017, the highest growth recorded by the organization in the world for seven …
Read More »36.6 billion euros surplus in the German budget last year
Media In – Frankfurt 23 February 2018 WAM Germany reported a budget surplus of 36.6 billion euros last year, according to economic data released today by the German statistical office. The German Statistical Office announced in November that Europe’s largest economy grew in 2017 by a strong 2.2 percent to …
Read More »186.6 billion euros Germany’s total trade with China
Media In – Berlin 22 February 2018 WAM Germany remained Germany’s largest trade partner in 2017, surpassing the United States for the second consecutive year, official German data showed on Monday. The data showed Germany’s exports to Britain fell last year amid expectations that it would continue as Britain prepares …
Read More »4.8% The decline in sales of existing housing in America during the last month
Media In – Washington, February 21, 2018 Economic data showed US housing sales in January fell unexpectedly. Existing home sales fell 3.2 percent from a month ago to 5.38 million units a year from 5.56 million units a year, according to data released last December, the National Association of Real …
Read More »US Treasury Sells bonds worth $ 179 billion
Washington, February 20 – Agencies. The US Treasury Department sold $ 179 billion worth of bonds yesterday as it sought to re-create its liquidity, while the yield on three-month Treasury bills rose to its highest level since 2008. The ministry sold 3-month bonds worth $ 51 billion with a yield …
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