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Month: September 2024

Turkiye: Central bank steadies interest rate at 50 percent

The Turkish Central Bank decided on Thursday to keep the interest rate AT 50 percent for the sixth month in a row declaring vigilance vis a vis the inflation but stoppING short of indicating whether it would ultimately stiffen the monetary policy.

T…

177,000 women in Gaza in life threatening condition — UN agency

The UN Women Regional Office for the Arab States (ROAS) warned on Thursday of the adverse impact of the Israeli occupation war on women in Gaza saying more than 177,000 of the female Gazans are in life threatening condition.

The health system, more …

US mortgage rates continue to decline

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

Gold prices rise

Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…

Gold prices rise

Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…