Market

European Stocks Close Lower Due to Rising Interest Rates

Ramallah: European stock indices closed lower today, impacted by the sharp rise in interest rates. Germany’s DAX index fell by 0.50 percent, and France’s CAC 40 index declined by 0.26 percent. Britain’s FTSE 100 index fell by 0.30 percent, and Italy’s…

Venezuela to Double Oil Output by 2030, US Energy Secretary Says

Caracas: US Energy Secretary Chris Wright today announced that Venezuela’s oil production is expected to exceed two million barrels per day by 2030. Wright’s statement came during a press conference following his arrival in Venezuela to discuss an oil…