Tag: News
As global growth concerns mount, the Canadian dollar falls to a five-month low. On Monday, the Canadian dollar fell to its lowest level in nearly five months against the US dollar, as investors became more concerned about the global economic outlook after China’s two largest cities tightened COVID-19 curbs. Global stock markets extended recent losses, […]
Global oil prices fell on Monday, May 9, along with stock markets in Asia, weighed by weak Chinese data and fears of a global recession that could double oil demand. Oil prices fell as investors looked ahead to European Union talks on a Russian oil embargo, which could result in an agreement that could put […]
Addressing climate change has become an urgent imperative on the agenda of global companies, not only to reduce carbon emissions and thus protect societies, but also to drive innovation that will benefit them as well. In this respect, companies play an important role to invest in solutions to protect the planet and the economy, and […]
Oil prices rose about 1% during trading today, Friday, for the fourth consecutive day, as fears of disruption of Russian supplies outweighed the closures in China, the largest importer of crude in the world, due to the outbreak of the Corona virus. Yesterday, Thursday, oil prices ended more than 3% higher, after volatile trading, with […]
Gold prices fell to the lowest level in 10 weeks, during trading today, Thursday, with the strength of the US dollar and anticipation of the Federal Reserve’s decision. Markets are awaiting the Fed’s interest rate decision; The US central bank is scheduled to hold its meeting next Wednesday, amid strong expectations of a new interest […]
German inflation has reached a four-decade high as a result of rising energy prices. In April, German inflation reached its highest level in more than four decades, fueled by natural gas and mineral oil prices that have skyrocketed since Russia’s attack on Ukraine. Consumer prices harmonised to make them comparable with inflation data from other […]
Scotland counts on solar energy to achieve climate goals by 2030 The Scottish government has expressed its commitment to including solar energy in its new strategy to achieve climate goals, after the ruling Scottish National Party announced last Friday the signing of a power-sharing agreement in the country with the Green Party. The document, issued […]
Ethiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The government announced an ambitious plan to invest $40 billion in building new infrastructure to produce […]
Residents of a small village in Senegal are resisting the disasters of climate change and global warming, and the severe drought that it caused, with a project to grow vegetables and employ the population, after digging a well to provide irrigation water, using renewable energy sources, such as solar energy, and working ecosystems. The project […]
The dollar has surged to a two-year high as a result of growth concerns and rate bets. The dollar soared to a two-year high on Tuesday, while the euro fell to its lowest level since March 2020, as investors worried about the economic impact of China’s COVID-19 lockdowns and rising expectations for a major U.S. […]