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Economy

Gold prices rise as the dollar declines, silver jumps 7%

by archyde
Gold prices rose by more than 1% today, Monday, in the highest rise in more than a week, due to the decline in the dollar and US Treasury bond yields, while silver jumped due to strong demand for it, heading towards achieving its highest daily gain since February last year, according to Reuters”.

And the price of gold in spot transactions rose 1.7 percent to $ 1687.99 an ounce, the highest level since September 22.

US gold futures rose 1.5 percent to $1,696.70.

The price of silver jumped 7.6% to $ 20.44 an ounce.

The dollar index, which measures the performance of the US currency against six major currencies, fell, making the dollar-denominated gold price less expensive for overseas buyers. The 10-year US Treasury yields also fell to the lowest level in a week, which also supported the demand for gold.

As for other precious metals, the price of palladium jumped 4.2 percent to $ 2248.15, and platinum 4.5 percent to $ 897.49 an ounce.

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world

A famous Iraqi Tik Tok committed suicide by jumping from a high building… and a video of her sister in a state of collapse

by archyde

Al-Marsad newspaper: The Iraqi “Tik Toker” Marwa Al-Qaisi threw herself from a high building in the Lebanese village in Erbil, today, Monday, to take her last breath immediately after her fall.

And media outlets stated, “The young woman, Marwa Al-Qaisi, one of the famous “Tik Tok” in Iraq, committed suicide by throwing herself from the highest building in the residential complex in the city of Erbil, which led to her death instantly.”

This comes at a time when her sister, Malak Al-Qaisi, appeared in a video clip, mourning in pain and stark tears the suicide of “Tik Toker” Marwa Al-Qaisi, calling on the audience of social networking sites to “leave her alone without asking her about anything.”

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News

Juan Daniel Oviedo would run for Mayor of Bogotá – Bogotá

by archyde

The outgoing director of the Dane, Juan Daniel Oviedo, revealed this Friday that he will seek to reach the Mayor’s Office of Bogotá in the next local elections to be held in 2023.

It should be noted that Oviedo recently rejected President-elect Gustavo Petro’s offer to continue leading Dane and explained that the decision was due to the fact that during the splicing process he saw that there was no agreement on some of the issues that he has defended in recent years. four years and which, in his opinion, should be further developed.

(Also read: Juan Daniel Oviedo: “My mother does not forgive me for being gay”).

Oviedo revealed his new intentions in an interview with Blu Radio, where he assured that running the country’s capital was his “dream” and “desire.”

In addition, he revealed details of how he intends to get to the race for Mayor of Bogotá: “So give me a fight, I want to go on the independent side, collecting signatures and see if we can make a contribution to the public service of the country through that position“.

If his aspiration to the Mayor’s Office materializes, this would be the first popular election process to which the economist, who has been at the head of the Dane address since 2018, when he was appointed to that position by President Iván Duque, would submit.

(Can read: The underlying reasons why Juan Daniel Oviedo does not continue in the Dane).

This Friday, August 5, Oviedo presented the results of the Consumer Price Index (CPI) collected by the National Administrative Department of Statistics (Dane), where it revealed that the variation in the cost of living for Colombians in July reached two digits and stood at 10.21 percent, which has not been seen for 22 years and reflects the inflation that the country is experiencing.

Furthermore, the report showed that the cities with the highest annual variation in the cost of living were Cúcuta, Santa Marta and Valledupar with about 14.1; 13.72 and 13.11 percent, respectively. At the other extreme were Bogotá, with 9.21%, Pasto with 9.84% and Manizales with 9.87%.

WEATHER TRENDS

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News

Watch .. A challenge between Abdul Rahman Al-Mutairi and his friend in the jump of death • Al-Marsad Newspaper

by archyde

Al-Marsad newspaper: Mashhour Snape Abdul Rahman Al-Mutairi revealed his participation in what he described as “the most dangerous adventure in the world”, during his tourist trip with a number of his friends.

During a tour of the continent of Africa, Abdul Rahman Al-Mutairi visits a number of tourist places and regions. During his visit to South Africa, he decided to undertake the most dangerous adventure in the world, which is free jumping from a high place.

According to Al-Mutairi and his team, this adventure is known as the longest free jump in the world, which is considered the most dangerous adventure in the world, and adventurers come from all over the planet to enjoy it and feel the danger and horror it carries.

Al-Mutairi said: “We are promised an adventurous experience that is the most dangerous in the world, frightening, we read our remembrances, praise be to God, and we prayed Fajr in congregation, and a free jump, you have nothing but a rope, but you feel that you are a bird in the sky.”

Abdul Rahman Al-Mutairi published a number of photos and clips through his account on “Snapchat” to document the stages of the African tourist trip, as well as the dangerous adventure he took, knowing that some of his friends rejected the idea.

Al-Mutairi and his companions, as well as the majority of those who undertake this terrifying adventure, signed a disclaimer before performing the jump over the bridge, and the Saudi celebrity shared with his followers his signature to confirm his adventure.

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Economy

“Nasdaq” records the largest one-day jump since April 2020 after the increase in US interest and Powell’s comments

by archyde
Major US stock indexes jumped, led by Nasdaq, which recorded its largest one-day gain in percentage terms since April 2020, after the Federal Reserve raised the benchmark interest rate by three quarters of a percentage point and comments from US Central Bank President Jerome Powell reassured investors.

Stocks extended their gains, sparked by upbeat quarterly reports from “Microsoft” and “Alphabet” that boosted sentiment about the corporate earnings season.

The Standard & Poor’s 500 index closed at its highest level since June 8.

Powell said in a press conference after the Federal Reserve’s decision that he does not believe that the US economy is currently in a recession, but it is slowing.

The Fed’s move today came after a 75 basis point rate increase last month and smaller increases in May and March as part of the Fed’s effort to cool inflation.

According to preliminary data, the benchmark “Standard & Poor’s 500” index ended the trading session on the Wall Street Stock Exchange, up 102.27 points, or 2.58%, to 4,023.32 points, while the “Nasdaq Composite” index jumped 465.28. point, or 4.02 percent, to close at 12,027.86 points.

The Dow Jones Industrial Average closed up 432.05 points, or 1.3 percent, to 32,196 points.

Today’s US interest rate increase was widely expected among investors.

Microsoft shares rose 6.7 percent after the company expected double-digit revenue growth for the current fiscal year, backed by strong demand for cloud computing services.

Alphabet’s stock jumped 7.7 percent a day after it reported better-than-expected sales on Google’s search engine, allaying concerns about a slowing advertising market.

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Entertainment

Shaken by Netflix and Disney+, TV channels are turning into platforms

by archyde
The program offer of Arte.tv greatly exceeds that of the channel, which is limited by linear broadcasting. Arte.tv

Faced with the wave of American giants, Canal+, M6, TF1, France TV and Arte are developing new video-on-demand services. They are expanding their programs with a lot of new stuff.

The prestigious matches of the Roland-Garros tournament live on Amazon Prime Video, soon commercial breaks on Netflix… soon have only their eyes to cry on. However, the televisions did not wait to be completely stripped to retaliate.

Read alsoThe inevitable return of advertising clips on streaming services

If these new American players encroach on their playground, the French channels respond by coming to challenge them in the field of video on demand. Canal+, Arte, France Télévisions, TF1 and M6 have only one word left in their mouths: “Platformize!” Clearly, they have all created technological tools to broadcast video works on computers, smartphones and connected televisions.

Déjà, Arte.tv radiates far beyond the parent channel on DTT. “It’s been six years since we took the turn of platformization…

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