Muhamad Yehia.. Cairo Germany’s business morale rose to a 9-month high in April, yet sector confidence remains split. Manufacturing lags on trade fears, while construction and services gain. Germany’s corporate morale edged higher for the fourth straight month in April, reaching its highest point since last summer, yet business leaders …
Read More »Daily Archives: 25 April، 2025
Trump claims meeting with China after Beijing denies any trade negotiations
Muhamad Yehia.. Cairo Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April. US President Donald Trump said on …
Read More »Alphabet shares jump as Google Search advertising boosts growth in first quarter
Muhamad Yehia.. Cairo Alphabet shares jumped following strong quarterly earnings, as Google Search advertising delivered better-than-expected growth. Google Cloud, its key growth driver, also saw a sharp rise in profit as demand continued to outpace capacity. Alphabet, the parent company of Google and YouTube, reported first-quarter earnings that exceeded analysts’ …
Read More »?Opposite effect: Could Trump’s tariffs end up cooling inflation in Europe
Muhamad Yehia.. Cairo Trump’s tariff push may cool down rather than heat up inflation in Europe. Falling energy prices, a stronger euro and excess goods supply from China are disinflationary forces, likely prompting the ECB to consider deeper rate cuts down the road. When US President Donald Trump announced sweeping …
Read More »Donald Trump says he has ‘no intention of firing’ Fed chair Jerome Powell
Muhamad Yehia.. Cairo The US President confirmed that he has no plans to fire the Chairman of the Federal Reserve Jerome Powell. It follows his previous statement about wishing to terminate Powell’s mandate, which caused market turmoil. “I have no intention of firing him,” Trump told reporters on Thursday about …
Read More »NATO chief warns of possible Russian nuclear weapons in space
Muhamad Yehia.. Cairo NATO Chief Mark Rutte said Russia is considering using nuclear weapons against satellites in space, which would be a violation of the 1967 Outer Space Treaty. NATO is concerned that Russia may be considering placing nuclear weapons in outer space to target satellites. Secretary General Mark Rutte …
Read More »Scientists say they can now calculate the trillions in climate damage caused by fossil fuel giants
Muhamad Yehia.. Cairo Experts believe the research could help bolster climate laws and make polluters pay for their role in global warming. The world’s biggest corporations have caused $28 trillion (€25 trillion) in climate damage, a new study estimates. It is part of an effort to make it easier for …
Read More »UK government to ban use of ‘slave labour’ solar panels by new state-owned energy company
Muhamad Yehia.. Cairo Campaigners have warned that Chinese slave labour is widespread throughout the renewables sector. Solar panels made with slave labour in China won’t be used by the UK’s new state-owned energy company, the government announced today. GB Energy was launched by Labour in July, in a bid to boost …
Read More »Ceasefire in Ukraine: High-level talks in London downgraded as Rubio skips meeting
Muhamad Yehia.. Cairo The leadership in Washington is said to have been angered by Ukraine’s refusal to cede territory to Russia, as Kyiv reiterated once again that there are no peace talks before a complete ceasefire. Talks between the US, Ukraine and European officials to discuss ending Russia’s full-scale invasion …
Read More »?How the US is relaxing regulations to lead the self-driving car race
Muhamad Yehia.. Cairo The Trump administration is loosening regulations to help US carmakers like Elon Musk’s Tesla develop self-driving cars and compete with Chinese rivals. American companies developing self-driving cars will be granted exemptions from certain federal safety regulations for testing purposes, the US Department of Transportation announced on Thursday. …
Read More »