Al-Marsad Newspaper: A group of photos documented the latest works in the Riyadh Avenues project, which is the largest commercial complex in the world.
The pictures showed the latest construction and construction work going on in the project.
The dollar rose as US Treasury yields rose on Friday, heading for a third week of gains, as a wave of strong economic data in the United States increased market expectations that a new interest rate hike is on the horizon.
Thursday’s data showed that the number of Americans who filed new applications for unemployment benefits fell unexpectedly last week, while other data revealed that monthly producer prices rose by the most in seven months in January.
The new data gave a boost to the dollar, pushing the pound to a six-week low of $1.1957 on Friday, while the euro fell 0.15% to $1.0657.
Similarly, the Australian and New Zealand dollars remained near the 6-week lows they hit in the previous session.
The Australian dollar fell in the latest transactions by 0.29% to $ 0.68595, after falling to $ 0.68405 Thursday. Its New Zealand counterpart fell 0.27% to $0.62385, after hitting its lowest level since January 6 in the previous session.
“The US economy is showing, according to recent data, that it is still resilient. It doesn’t look like it will enter a recession anytime soon,” said Tina Ting, market analyst at CMC Markets.
She added that markets expect interest rate increases for a longer period.
Thursday’s reports came on the heels of data released earlier in the week that showed strong growth in US retail sales in January and signs of persistent inflation, raising fears that the Federal Reserve will be forced to raise interest rates at a faster rate than expected. previously expected.
US Treasury yields also rose as interest rate expectations changed.
The benchmark 10-year Treasury yield peaked at 3.878% Friday, the highest level since December 30.
Against a basket of currencies, the dollar index advanced 0.09% to 104.20, after reaching the highest level in more than a month at 104.24 in the previous session. It is on track for its third straight weekly gain.
The dollar also rose 0.25% against the Japanese yen, recording 134.29.
The dollar is heading for weekly gains of more than 2% against the yen, its best week since last October.
Japanese Finance Minister Shunichi Suzuki said Friday that the government has chosen academic Kazuo Ueda as the new head of the central bank on expectations that he can help keep inflation at the target level, maintain economic growth and raise wages.
Reuters
Al-Marsad newspaper: Maria Branyas Moreira entered the Guinness Book of Records as the oldest living person in the world.
Maria Branyas Moreira is 115 years and 328 days old, a Spanish national born in the United States, and has three children, 11 grandchildren, and 13 great-grandchildren.
Maria survived the First and Second World Wars, the Spanish Civil War, the Spanish flu epidemic, and the Corona pandemic in 2020. According to cnn.
In a series of tweets in Catalan, Maria Branyas Moreira said she was “surprised and grateful” for the interest generated by becoming the world’s oldest living person, but that the last days had been “exhausting” and that she would not give any more interviews.
She added: “I need peace and quiet, I have lived on the premises of a nursing home (Tura), for 22 years, and I do not want the daily lives of the residents or the staff who look after us to change.”
Al-Marsad Newspaper: The presenter of the Blind Spot program on the Saudi channel, Salah Al-Ghaidan, revealed a crime committed by a celebrity, because of his promotion of a treatment mixture.
drug crime
Al-Aidan said: “The biggest drug crime I witnessed, it was carried out by a celebrity who has more than 1.5 million followers, who promoted a therapeutic mixture made by his mother.”
his mother’s mixture
And he continued, “The famous person said through his account that he was sick, and he recovered with a mixture prepared by his mother, consisting of 27 ingredients.”
Khudairi responds
VillageOver the past 30 days, cryptocurrency exchanges have witnessed the largest exodus in history, with more than $3 billion in cryptocurrency outflows.
According to the data, nearly 200,000 bitcoins have been withdrawn from digital currency exchanges in the past 30 days, worth $3.4 billion.
This comes after cryptocurrency exchange FTX announced in the middle of last month that it was entering bankruptcy proceedings in the United States, and its CEO, Sam Bankman Fried, decided to step down, after a liquidity crisis hit the cryptocurrency platform.
Yesterday, media reported that Sam Bankman-Fried had been arrested after US prosecutors filed criminal charges against him.
According to preliminary data, the bankruptcy of cryptocurrency exchange FTX has prevented at least one million depositors from accessing their funds.
Source: (Russia Today)
