Castle Journal - Economy

The Russian Energy Minister Alexander Novak revealed the appropriate oil price for Russia, and this comes at a time when oil markets are under pressure due to fears on the global economy in light of the Corona crisis. The Russian minister said, during an interview with "Bloomberg" agency, that
Europe shares closed slightly higher, after heavy losses in a previous session, but recorded its worst week since the peak of the selling wave linked to Covid 19, due to concerns about the pace of economic recovery. The pan-European STOXX 600 index closed 0.3 percent higher after recording its
Renault, Nissan Motor and Mitsubishi Motors announced Wednesday the details of a new strategic plan in which they pledged to deepen cooperation in the development and production of cars, to maintain continuity as a car manufacturer. The three companies are facing a crisis caused by the Corona pandemic, which
By:Nadeemy Haded Gold rebounded after early losses on Thursday, as appetite for risk was affected by the US Federal Reserve's decision to keep interest rates close to zero, and with hopes for a fresh stimulus from the European Central Bank. By 8:13 am GMT, the spot price of gold
By:Nadeemy Haded The price of a barrel of US oil for May delivery in Asian trading, on Tuesday morning, jumped to above zero after it closed in New York at an unprecedented price in history, reaching $ 37.63 below zero per barrel, meaning that dealers paid buyers to rid
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