economy

  Tips jar with money on light wooden table in cafe; illustrative

Service industry staff do not need to pay VAT on tips, Tax Authority confirms

The Tax Authority had initially decided to begin enforcing VAT on tips from June 1, 2025, onwards, but this decision was successfully reversed.

 International Monetary Fund's (IMF) Managing Director Kristalina Georgieva attends a press conferen

Egypt finalizes $6 billion in state asset sales across 11 sectors

The move is part of a broader strategy to increase private sector involvement, generate foreign currency, and reduce the state's role in commercial activity.

By THE MEDIA LINE STAFF
06/05/2025
 America's New Bull Market and the Unknown Top for Gold | John Johnston

America's New Bull Market and the Unknown Top for Gold | John Johnston

John Johnston forecasts a potential "new bull market" in America driven by policy shifts, while gold's top remains elusive amidst unusual market ratios.

By PR
06/05/2025

Africa Needs Partners, not Donors

Insights from the Israel-Africa Relations Institute show how strategic partnerships—not aid dependency—can unlock Africa’s vast potential.

US Senate to vote on bill to rein in Trump tariffs as economy contracts

The resolution is co-sponsored by Republican Senator Rand Paul of Kentucky, an outspoken critic of Trump's tariff policy.

By REUTERS
30/04/2025

To cripple Hamas's cash wealth, Israel should invalidate Gaza banknotes, expert says

The proposal calls on Bank of Israel head, whose signature appears on the notes, to cancel the specific series transferred to Gaza.

Israel favors upgrading US free trade deal, economy minister says

Israel seeks to update its free trade deal with the US amid Donald Trump's sweeping new global tariffs.

By REUTERS
28/04/2025
 'Great Collapse' To Send Gold Parabolic in Catastrophic Monetary Reset | Francis Hunt

'Great Collapse' To Send Gold Parabolic in Catastrophic Monetary Reset | Francis Hunt

Francis Hunt warns of an impending "Great Collapse" triggering a massive monetary reset. He predicts gold will skyrocket, initially outperforming silver, as the US faces an unwinnable trade war.

By PR
27/04/2025
 Gold: New World Disorder Playing Out in 2025, Stocks Bottomed | Ed Yardeni

Gold: New World Disorder Playing Out in 2025, Stocks Bottomed | Ed Yardeni

Ed Yardeni on Soar Financially: Geopolitical chaos fuels gold's surge in a "new world disorder," but the stock market has likely bottomed. He sees potential for $4,000 gold by year-end.

By PR
23/04/2025
 Economic Chaos, Global Conflict Driving Investors Into Gold | Levi Gunter

Economic Chaos, Global Conflict Driving Investors Into Gold | Levi Gunter

Levi Gunter reveals why investors are flocking to gold. He highlights trade war uncertainty, gold's resilience, and central bank demand as key drivers.

By PR
23/04/2025
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