economy
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US plan to increase Venezuelan oil production and revive the economy
Washington is in talks with oil companies to boost Venezuelan production by upgrading equipment, and Trump confirms drilling will begin soon to exploit the country's largest reserves…
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Trump threatens Canada with 100% tariffs over China and developments with India
Donald Trump threatens Canada with 100% tariffs if it makes a deal with China, and the US Treasury Secretary hints at lifting tariffs on India after…
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Saudi Arabia to host the World Economic Forum in Jeddah in 2026
Saudi Arabia concludes its participation in Davos 2026 and announces it will host the World Economic Forum meeting in Jeddah next April to promote cooperation and economic growth.
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Saudi Arabia in Davos: 10,000 visitors and Jeddah hosting the economic forum
Saudi Arabia made a prominent appearance at the World Economic Forum in Davos through its SAUDI HOUSE pavilion, announcing that it would host a special forum meeting in Jeddah…
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Nagel warns: Europe must protect its automotive industry from Chinese competition
German central bank president Joachim Nagel calls on Europe to draw red lines against Chinese competition and protect key industries, warning against naiveté…
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The rise in US oil drilling rigs and the impact of tensions on prices
Analysis of the rise in US oil drilling rigs and the impact of geopolitical tensions and sanctions on Iran on Brent and West Texas Intermediate crude prices…
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Hedge funds are betting on rising oil prices amid supply risks
Hedge funds have increased their bets on rising oil prices to their highest level since August. Learn about the impact of tensions with Iran and the crises in Kazakhstan and Venezuela…
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Fitch upgrades Turkey's outlook to positive: Implications and forecasts
Fitch revises Turkey's outlook to positive while affirming its rating at BB-. Learn about the reasons behind the decision, inflation expectations, and the impact of the return…
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America is considering lifting tariffs on Indian oil after the decline in Russian oil prices
The US Treasury Secretary hinted at lifting tariffs on India after its imports of Russian oil fell to their lowest level in two years, and a return to…
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Oil prices jump to their highest levels, with Brent crude nearing $66
Oil prices, with Brent crude reaching a one-week high, were supported by sanctions on Iran and the shutdown of the Tengiz oil field in Kazakhstan. Learn more…
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