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Economy and Policy

Economy and Policy latest

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025
July 14th, 2026 - 03:44 GMT

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025

DMCC, the leading international business district that drives the flow of global trade through Dubai, today announced that Dubai's total diamond trade reached an all-time high of USD 41.7 billion in 2025, according to data from Dubai Customs. The figure surpasses the previous record of USD 40.9 billion, set in 2011, and was accompanied by a record 359.5 million carats traded, up 42.5% year-on-year – marking the first time Dubai has posted a record in both diamond trade value and physical volume in the same year. Total diamond trade value ...
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Fed officials divided on further hiking US interest rates
August 17th, 2023 - 11:16 GMT

Fed officials divided on further hiking US interest rates

US dollar rises, UK sterling up as yen, Euro, Aussie dip
August 17th, 2023 - 10:09 GMT

US dollar rises, UK sterling up as Yen, Euro, Aussie dip

Oil prices stabilize after days of fluctuation
August 17th, 2023 - 09:01 GMT

Oil prices stabilize after days of fluctuation

China state banks sell US dollars for Yuan in London, NY
August 17th, 2023 - 08:20 GMT

China state banks sell US dollars for Yuan in London, NY

US stocks tumble as Treasury yields rise to highest since 2008
August 17th, 2023 - 07:46 GMT

US stocks tumble as Treasuries rise to highest since 2008

Eastern EU suffers as Hungary plunges deeper into recession
August 16th, 2023 - 01:24 GMT

Eastern EU suffers as Hungary plunges deeper into recession

Russian Rouble stabilized as new digital currency launches
August 16th, 2023 - 12:57 GMT

Russian Rouble stabilized as new digital currency launches

Wheat prices rise after Russia attack on Danube grain port
August 16th, 2023 - 12:16 GMT

Wheat prices rise after Russia attack on Danube grain port

Turkish banks index soared on Moody’s ‘stable’ outlook
August 16th, 2023 - 11:43 GMT

Turkish banks index soared on Moody’s ‘stable’ outlook

China oil imports from Iran hit new highs in August
August 16th, 2023 - 10:59 GMT

China oil imports from Iran hit new highs in August

Oil prices slip slightly on China concerns
August 16th, 2023 - 10:19 GMT

Oil prices slip slightly on China concerns

Headline UK inflation decelerates in July, fight far from over
August 16th, 2023 - 09:19 GMT

Headline UK inflation slows in July, fight far from over

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