Sededin Dedovic

2 weeks ago | financial-world.org | Sededin Dedovic

Three sources told Reuters that Syria plans to print a new version of its currency in the UAE and Germany instead of Russia. With US sanctions lifted, the war-torn country gained fresh options, leading Damascus to shift toward Western nations and its allies. Earlier this year, Syrian authorities were considering printing money in Germany and the UAE, a process that accelerated after the European Union eased some sanctions on Damascus in February.

2 weeks ago | financial-world.org | Sededin Dedovic

The recent trade deal between the US and China led to another week of strong growth in the US stock market, effectively erasing all of April’s losses and pushing it into positive territory for the year. The S&P 500 index rose by 5.3%, while the technology Nasdaq recorded a growth of more than seven percent. The combination of optimism surrounding the Sino-US talks and the early release of key information before the trading week began significantly boosted investor sentiment.

2 weeks ago | financial-world.org | Sededin Dedovic

Ahead of a summit in London, the UK and the European Union have reached a landmark deal to rebuild their relationship after Brexit, officials from both sides have confirmed to the Financial Times. Negotiations lasted late into the night, with a compromise reached just hours before the main gathering began. The London government has agreed to allow EU vessels to access British fishing waters for another 12 years, significantly longer than the five years previously proposed.

3 weeks ago | financial-world.org | Sededin Dedovic

According to Bloomberg sources familiar with the matter, Starbucks Corp. has contacted private equity firms, technology firms, and others as it considers options for its China business, including a possible stake sale. The company recently contacted a limited number of potential investors anonymously through a financial advisor to gather feedback on its growth strategy in China.

3 weeks ago | sportworldnews.org | Sededin Dedovic

Last weekend, the UFC confirmed its return to the Etihad Arena in Abu Dhabi on July 26. The main event of the evening will be a middleweight showdown between former UFC champion Robert Whittaker and experienced Dutchman Reinier de Ridder. According to MMA Fighting, popular middleweight fighter Shara "Bullet" Magomedov (15-1) is returning to the Octagon to face Marc-Andre Barriault.