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Home2023January

Month: January 2023

Aljazeera International

Iran’s top diplomat says talks with Saudis could restore ties

January 14, 2023 Mariel Alumit

Iranian foreign minister Hossein Amir-Abdollahian has expressed hope that diplomatic ties between Tehran and Riyadh could be restored through dialogue between the two regional rivals. Saudi Arabia cut ties with Iran in January 2016 after […]

Price
International News

Petroleum Minister Puri, Israeli envoy inaugurate IOC Phinergy pavilion at Auto Expo

January 14, 2023 Mariel Alumit

IOC Phinergy Private Limited’s pavilion will showcase aluminium-air technology and applications in e-mobility. Formed in 2021, IOC Phinergy Private Limited is a joint venture between Indian Oil Corporation Limited and Israeli start-up company Phinergy, as […]

Simon
Rare Earth Minerals

Exploration doyen Simon Ridgway comes full circle in the Yukon with Rackla Metals

January 13, 2023 Mariel Alumit

​ With renewed interest in the discovery potential of the eastern Yukon and the western Northwest Territories, accomplished mineral explorer and mining financier Simon Ridgway Rackla Metals (TSXV: RAK) CEO is returning to his roots […]

Finance

Gold price above $1,900 on prospects of slower Fed rate hikes

January 13, 2023 Mariel Alumit

​ Gold prices scaled over an eight-month peak on Friday, surpassing the key $1,900 level, as cooling US inflation raised hopes for slower interest rate hikes from the Federal Reserve. Spot gold rose 0.9% to […]

Commodities

Copper price down after rapid rally

January 13, 2023 Mariel Alumit

C​opper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a weaker dollar and China’s dismantling of covid-19 restrictions will lift demand. China’s zero-covid […]

Brazil
Rare Earth Minerals

World to face potash price crunch as Brazil Potash propels Autazes project toward production

January 13, 2023 Mariel Alumit

High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says. Protectionism from some countries has been a wakeup call to […]

flights
Aljazeera International

What’s behind the computer glitch that grounded US flights?

January 13, 2023 Mariel Alumit

From: Inside Story Failure of a safety-critical system forced the grounding of all departing planes in the United States for 90 minutes on Wednesday. Thousands of flights were disrupted – domestic and international – with […]

Oil
Crude Oil News

Why Oil’s 7-Month Downturn May Be About To Reverse

January 13, 2023 Mariel Alumit

As OilPrice’s Alex Kimani writes, oil prices have kicked off the new year on the back foot, tumbling to large losses in the first week before staging a modest recovery in the second as demand […]

Tesla
Zero Edge

Tesla Slides After Cutting US Model Y Price By 20%

January 13, 2023 Mariel Alumit

Tesla Inc. shares slid in premarket trading after slashing prices of its vehicles sold in the US. The goal is to attract new buyers as the electric vehicle maker struggles with a significant demand problem. […]

Iran
Aljazeera International

Iran praises possible rapprochement between Syria and Turkey

January 13, 2023 Mariel Alumit

Iran has welcomed the possibility of a rapprochement between its ally Syria and Turkey, the main backer of the political and armed opposition to Damascus for more than a decade. “We are happy with the […]

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