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Economy Middle East Summit 2025
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Worldwide
Energy
OPEC+ agrees on 2 million-barrel-a-day cut to output limit
White House: U.S. needs to be less dependent on OPEC+
Banking & Finance
Elon Musk takes another u-turn on Twitter
Musk agreed to pay price he initially offered before trying to quit deal
Energy
Climate change remains primary concern despite economic distractions
Despite increasing climate impacts, climate optimism grew to 48%
Economy
The global economy in a state of decline: Report
According to Saxo Bank's Q4 forecast
Economy
UNCTAD urges monetary easing to avert recession threat
The Conference lowered its growth forecast
Technology
New Netflix measure to compensate for loss of subscribers
Company is deepening involvement in gaming
Energy
Oil rebounds as OPEC+ weighs biggest output cut since 2020
Reports suggest coalition will reduce output by more than one million barrels
Banking & Finance
Credit Suisse and Deutsche Bank: Will the Lehman fall be repeated?
Credit Suisse tries reassuring investors as financial fears rise
Technology
100 million units await metaverse device market by 2024
AR headsets will be the main driver of future consumption growth
Technology
Seven disruptions tech executives need to avoid in the future
Including flying cars, metaverse working experience
Technology
Is this the beginning of the end for stablecoins?
Stablecoins are being put in the dock
Economy
IMF publicly criticizes British government’s tax plans
Bank of England intervenes in the face of 'actual risks to financial stability'
Economy
Lebanon suddenly decides to raise the official dollar tenfold
The decision to negatively affect banks and their balance sheets
Technology
The next bull run is waiting for a new use case for cryptos
It could be a while, but it’s coming, argues expert
Technology
Adversaries using innovative methods to launch cyber attacks
TCP-based, DNS water-torture dominate DDoS threat landscape
Energy
OPEC+ meets amid demands for production cuts to curb price declines
Prices have fallen sharply this month by about 30 percent
Technology
Cybersecurity, Cloud among top tech priorities for midsize enterprises
MSEs are increasing budgets to fund their top technology
Markets
New UK coins, banknotes with King Charles III portrait to enter circulation soon
By mid 2024
Markets
Bitcoin surpasses $20K for the first time in a week
Ether rose 4 percent to a one-week high of $1,389
Economy
Lagarde on Italy: We will not support countries that make political mistakes
“Expect interest rates to rise again during upcoming meetings.”
Economy
World Bank downgrades growth for developing East Asia and Pacific
Due to China's slowdown
Markets
Global Financial Markets in Brief Week September 19
Investors worried about interest and inflation are affected by growing fears of a recession
Banking & Finance
Lebanon’s banks open their doors again, amid threats by depositors
Exchange operations continued during closure
Economy
Markets anticipating a hot week…Lagarde testifies in Brussels today
Jerome Powell also speaking
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