Latest news with #macroeconomic
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
Gold Futures Rise on Escalating Market Volatility, Safe-Haven Demand
0758 GMT – Gold futures rise on heightened geopolitical and macroeconomic risk that increases the precious metal's safe-haven appeal. Futures are up 1.9% at $3,378.0 a troy ounce. Gold is gaining as China pushes back on U.S. President Trump's accusation last week that it broke a temporary trade agreement, souring market hopes for a lasting resolution to the trade tensions. Trump has further threatened to double the current 25% tariffs on all steel and aluminum imports from Wednesday, further stoking market volatility. Meanwhile, geopolitical tensions were also ratcheted up over the weekend, as Ukraine launched drone attacks deep inside Russian territory. (
Times of Oman
25-05-2025
- Business
- Times of Oman
Oman participates in PAM Marrakesh Parliamentary Economic Forum
Marrakesh: The Sultanate of Oman took part in the proceedings of the third session of the Marrakesh Parliamentary Economic Forum for the Euro-Mediterranean and Gulf Region of the Parliamentary Assembly of the Mediterranean (PAM). The Omani delegation to the forum was represented by Hamad bin Nasser Al Nabhani and Sheikh Sultan bin Mattar Al Azizi, members of the State Council. Over two days, the forum discussed several key topics, including the macroeconomic outlook for the Euro-Mediterranean and Gulf regions, shifts in international trade and finance in the Euro-Mediterranean and Gulf regions, energy transition, adaptation and energy security: strategic choices, as well as artificial intelligence (AI) and governance of its use: enhancing parliamentary oversight. During the forum sessions, a memorandum of understanding (MoU) was signed between the Parliamentary Assembly of the Mediterranean (PAM) and the United Nations Industrial Development Organization (UNIDO). Additionally, the role of the International Initiative to Facilitate Sahel Countries' Access to the Atlantic Ocean was highlighted, presenting a strategic and innovative vision for peace, security, and shared development.
