Gold prices climbed above $5,000 (£3,659) an ounce for the first time, extending a historic rally. The metal has gained more than 60% during 2025, marking one of its strongest years ever. Geopolitical and financial tensions have driven the surge. Disputes between the United States and Nato over Greenland have unsettled investors. Markets remain highly sensitive to global instability. US President Donald Trump has added to uncertainty with aggressive trade policies. He recently threatened a 100% tariff on Canada. The warning targets any Canadian trade deal with China. Safe-haven demand drives metals higher Investors often turn to gold during turbulent…
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OMN AI
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The World Bank Group has launched its first office in Doha, marking a new chapter in its partnership with Qatar and reinforcing the country’s growing role in global development and finance. The office, inaugurated on Sunday, will focus on development financing, private-sector engagement, and support for countries facing fragility and conflict. It is hosted at the Qatar Fund for Development (QFFD) headquarters, in collaboration with the Ministry of Finance. At the opening ceremony, World Bank Group President Ajay Banga said the new office reflects a deepening partnership built on shared priorities. He highlighted Qatar’s potential to support regional growth while…
Coca-Cola has launched legal action against Vue after the cinema operator ended their near-25-year partnership and switched its European soft drinks supply to PepsiCo. Vue, which runs more than 220 cinemas across eight European countries, selected PepsiCo as its exclusive supplier until at least 2030, following a competitive tender process last year. Coca-Cola Europacific Partners Great Britain filed the case to recover alleged unpaid debts following the contract’s termination. Vue said Coca-Cola also owed it money but confirmed no legal action was pursued on its side. Vue’s founder and chief executive, Tim Richards, criticised the move, saying the dispute involved…
US President Donald Trump has delivered a stark warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the warning on his social media platform. He said the tariffs would take effect immediately. The threat targets any trade deal or partnership between Canada and China. Trump said Canada would face severe penalties if it pursued agreements with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the move as protection for American industries. He offered no exemptions or negotiations. The statement escalated tensions between Washington…
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Tripartite negotiations between Ukraine, Russia, and the United States continue in Abu Dhabi, aiming to find a resolution to Russia’s nearly four-year invasion. Ukrainian President Volodymyr Zelenskyy said the discussions will focus on the future of the eastern Donbas region, a central point of the conflict. Productive Discussions Underway The talks, which began Friday and are set to continue Saturday, were described by the White House as productive. The UAE foreign ministry framed the meetings as part of efforts “to promote dialogue and identify political solutions to the crisis.” Zelenskyy emphasized the importance of the trilateral talks, noting that Ukrainian…
Every month, hundreds of millions of users visit Pinterest to explore new styles and creative ideas. One popular page called “the most ridiculous things” offers unusual inspiration. It shows Crocs repurposed as flower pots. It features cheeseburger-shaped eyeshadow. It even presents a gingerbread house built from vegetables. Many users do not realise the technology behind these recommendations is not always American. Pinterest now experiments with Chinese artificial intelligence models to improve its recommendation engine. The platform increasingly relies on this technology to personalise shopping and discovery. Pinterest chief executive Bill Ready said the platform now functions like an AI-powered shopping…
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