Latest news and articles about economic conflicts from NEX English
Forecasts indicate that the housing market in the Middle East will contract for the fourth consecutive year in 2026, driven by rising household debts and living costs. Housing transfers are expected to decrease by 5% compared to the previous year, reflecting economic uncertainty.
A recent survey revealed a decline in the services sector activity in Russia during March 2023, with the business index dropping to <strong>49.5 points</strong>, indicating contraction for the first time in six months. This decline is attributed to reduced demand and stagnant new orders.
Gold prices face significant challenges as they near bear market territory amid rising interest rates and market volatility. The interplay of geopolitical conflicts, particularly in Iran, and economic conditions complicate the outlook for gold as a safe haven.