The International Labor Organization (ILO) said in a report published today, that the global youth unemployment rate fell to its lowest level in 15 years last year (2023) and is likely to continue falling until 2025.
The organization stated that
South Korea and Turkiye have agreed to extend their currency swap deal by three years.
The Bank of Korea (BOK) said today that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows
Gold prices held steady today, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September 2024.
Spot gold was little changed at $2,425.94 per ounce,
European stocks started trading higher today as investors looked ahead to a week of important economic data from the US and Europe.
The STOXX Europe 600 index rose 0.4 percent.
The oil and gas sector rose about 1 percent as
Oil prices rose for a fifth consecutive session today, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.
Brent crude futures climbed 22 cents, or 0.3%,
Salim Mohammed Al Mahrouqi, Minister of Heritage and Tourism, received in Muscat today Dato’ Sri Tiong Keng Seng, Malaysian Minister of Tourism, Arts and Culture, who is currently visiting the Sultanate of Oman.
During the meeting, the two sides expl…