Surge in Demand for Vehicle Repairs in Dubai, Sharjah and Ajman Putting Pressure on Workshop Owners
The recent heavy rains in Dubai, Sharjah, and Ajman have caused a surge in demand for vehicle repairs, putting significant pressure on workshop owners. They are struggling to keep up…
Iraqi Prime Minister Inspects Anbar Power Station: A Strategic Initiative Facing Unforeseen Challenges
During his recent visit to Anbar governorate, Iraqi Prime Minister Muhammad Shiaa Al-Sudani inspected the Anbar combined power station project in the Euphrates district. He met with the executing company…
Artificial Intelligence and Inflation: Examining their Impact on the Economy with Jared Blikre and Jens Nordvig
The Federal Reserve is taking steps to bring inflation back down to its target of 2%, which means that interest rates are likely to remain higher for longer than expected.…
Treasury Secretary Janet Yellen Optimistic about U.S. Economy and Expects Inflation to Decrease
Treasury Secretary Janet Yellen recently spoke with Reuters and expressed her optimism about the performance of the U.S. economy. Despite data indicating slower growth in the economy last quarter, Yellen…
Europe at a Crossroads: French President Emmanuel Macron Addresses Security, Economy, and Culture
In a speech at Sorbonne University in Paris, French President Emmanuel Macron voiced his concerns about the challenges that Europe is currently facing in terms of security, economy, and culture.…
Global Influence: How California’s Elk Hills Oil Field Reflects Changing Economic Landscape and Geopolitical Risks
On April 14, 2024, the Elk Hills Oil Field in California showcased oil wells in action as gas prices continued to rise. The view served as a stark reminder of…
Nasdaq Dips in Earnings Despite Organic Growth and Increased Investments
Nasdaq Inc. reported a decline in earnings for the first time in a year, with earnings dropping to 63 cents a share from 69 cents a year ago, below the…
The US Economy Slows Down: A Review of the Most Recent Quarter’s Growth Rate and Factors Affecting Personal Spending
In the most recent quarter, the US economy experienced its slowest growth in two years. This was due to a decrease in consumer and government spending, despite an increase in…
Treasury Secretary Yellen Maintains Optimism about US Economy, Expects Decrease in Housing Inflation in the Future
Treasury Secretary Janet Yellen expressed her optimism about the U.S. economy, stating that it is still performing well despite recent data showing its slowest growth in almost two years last…
Economic Growth Under the Microscope: An Analysis of the US GDP and Inflation Concerns
In the first quarter of 2024, the US GDP grew by 1.6%, according to the US Bureau of Economic Analysis. However, this growth fell short of initial estimates, raising questions…