August 22, 2024

Gold Retreats from Record Highs as Traders Assess Fed Rate Outlook

Gold prices fell on Thursday, retreating from all-time highs hit earlier this week, as the US dollar ticked up ahead of US jobs data and the Federal Reserve chief’s speech that could offer further insights into the interest rate outlook.

Spot gold fe…

Norway’s Economy Grows in Third Straight Quarter in 2024

Norway’s economy grew for the third straight quarter this year as a rebound in purchasing power boosted consumption and a weaker currency supported exports.

The Norwegian Statistics Office said in a statement issued Thursday that the GDP in the mainl…

Spain’s Jose Lana is the new manager of Syrian Football team

Damascus, Syrian Football Federation announced on Thursday that it signed a contract with Spanish Jose Lana as new coach of the Syrian Football team.

Jose Lana (Spain, 49) is a football coach, formerly was Spain U17 national team’s manager.

Former m…

3 Million Stranded as Flood Hits East Bangladesh, Say Authorities

The Bangladeshi government announced today that about three million people are stranded due to floods that hit the east of the country.

The authorities stated that rescue workers have, over the past three days, evacuated about 75,000 people to safety…