موقع وجه أفريقيا موقع وجه أفريقيا هو موقع مهتم بمتابعة التطورات في القارة الأفريقية
Muhamad Yehia President Trump said he would use ‘overwhelming lethal force’ until the Iran-backed rebels cease their attacks on shipping in the Red Sea. US President Donald Trump said he ordered a series of airstrikes on Houthi-held areas in Yemen on Saturday, which the Houthis said killed at least 31 …
Read More »Houthis respond to Trump’s airstrikes with ballistic missile attacks on US aircraft carrier
Muhamad Yehia The attacks come just one day after US President Donald Trump ordered airstrikes on the group’s stronghold territories in Yemen. The Houthis announced that they launched an attack comprising of 18 ballistic and cruise missiles, along with drones, targeting the USS Harry S Truman aircraft carrier and its …
Read More »Generali, Deutsche Bank and Deliveroo: The company news moving the markets
Muhamad Yehia Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday. Italy’s top insurer Generali reported record profits for 2024 as Chief Executive Philippe Donnet prepares to face a key shareholder vote …
Read More »Gold reaches a new milestone as global trade war escalates
Muhamad Yehia Gold prices reached a new high, while equity markets and crude oil continued to decline on Thursday amid an escalating global trade war. Risk-off sentiment prevailed in the financial markets due to economic and political uncertainties, shifting funds away from riskier assets. Gold prices reached a new high …
Read More »ECB’s Lagarde warns of severe economic hit from Trump’s trade wars
Muhamad Yehia indicates that escalating tariffs risk severe economic consequences, while stressing the ECB’s challenge in stabilising inflation amid record-high uncertainty. A full-scale trade war triggered by US President Donald Trump’s escalating tariff threats would deal a heavy blow to global growth and inflation, European Central Bank (ECB) President Christine …
Read More »Direct impact of US tariffs on EBRD to remain limited, says Chief Economist
Muhamad Yehia As US President Donald Trump contin ues to shake up the global trading order, EBRD nations aren’t likely to feel the brunt of the disruption. Even so, diminished growth in other countries is set to have ripple effects. The European Bank for Reconstruction and Development (EBRD), in its …
Read More »?Big Tech and Trump: What happens when business and politics mix
Muhamad Yehia While big tech firms in the US have made efforts to improve relationships with the Trump administration, political controversies can spell danger for businesses. Major US tech companies have been making efforts to strengthen ties with President Donald Trump’s administration. However, these political manoeuvres have sparked backlash, …
Read More »Rheinmetall sees profit jump as Europe prepares for military splurge
Muhamad Yehia Germany’s Rheinmetall announces a 38% jump in net profit in 2024 and predicts a sales boost as Europe increases military capacity. Rheinmetall Group concluded its 2024 fiscal year with a record-high operating profit, up by 61% to around €1.48bn. The Düsseldorf-based firm also said on Wednesday …
Read More »European stocks rise as Ukraine ceasefire talks boost market sentiment
Muhamad Yehia Euronews Business takes a look at how European and global markets are performing on Wednesday, amid escalating trade tensions and talks on Ukraine. European markets inched higher on Wednesday morning as increased optimism over a possible ceasefire in Russia’s war in Ukraine boosted investor sentiment. Britain’s FTSE 100 …
Read More »AirBaltic CEO lauds new Starlink installation despite Musk controversy
Muhamad Yehia The Latvian firm is the first European airline to introduce in-flight Wi-Fi powered by Elon Musk’s Starlink. AirBaltic CEO Martin Gauss has defended the firm’s decision to partner with Space X’s Starlink to provide in-flight internet to customers. “It made…some controversial headlines because Elon Musk is the …
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