US housing construction falls to 5-year low

The number of homes started in the US in May fell 9.8% from the previous month to 1.256 million at an annualised rate, the...

The US Department of the Treasury extended for six months the exemption from sanctions against Russia for the Sakhalin-2 project

On 18 June, the US Treasury Department extended the term of the Russian-related general licence that authorises certain transactions with the Sakhalin-2 oil and...

Uranium price rises to $76-maximum since December 2024

Uranium prices jumped 10 per cent to $76 per pound on Monday after Sprott Physical Uranium Trust (the world's largest uranium fund) announced a...

Japan’s exports in May fell for the first time in 8 months – minus 1.7%

Japan's exports in May fell 1.7 per cent from the same month last year to a four-month low of 8.135 trillion yen ($56.1 billion),...

SoftBank sold $4.8bn worth of T-Mobile stock

Japanese investment and technology SoftBank Group raised $4.81bn from the sale of 21.5m shares in US telecoms company T-Mobile. The papers were sold at $224,...

China boosts oil and gas production in 5 months

China in January-May increased oil production by 1.3% compared to the same period a year earlier - up to 90.28 million tonnes, the State...

Lennar halves net profit, revenue beats estimates

Lennar Corp. one of the largest construction companies in the U.S., saw its net income and revenue decline in the second quarter of fiscal...

Property taxes in Spain

Spain remains one of the most popular countries in Europe for foreigners to buy property. But, as in other EU countries, property ownership brings...

Uzbekistan targets $1bn in venture capital investment

Uzbekistan is preparing a law "on alternative investment funds". This was announced by President Shavkat Mirziyoyev at the plenary session of the Tashkent International...

Comparative analysis of the economies of Israel and Iran

Comparative analysis of the economies of Israel and Iran indicator Iran Israel GDP ~$400bn ~$540bn GDP per capita ~$4 400 ~$54 200 government debt/GDP ~18 % ~67 % military expenditures 2.5% of GDP ($10bn) 5% of GDP ($27bn) currency/gold reserves ~$7.7bn ~$76bn innovation...
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