economic conflicts

Latest news and articles about economic conflicts from NEX English

Russian Services Sector Contracts for First Time in Six Months

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 Approach Bear Market Amid Iran Conflict Effects

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.