The US Condemns Houthis for Abducting Bulgarian Sailors
Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
Escalating tensions in the Middle East, the impending testimony of the former FBI director, British elections and a European Central Bank meeting this week, all took their toll on Asian stocks, oil and the dollar on Tuesday, reported Reuters.
Oil fell back following a brief recovery after Saudi Arabia and several other Arab states severed ties with Qatar, accusing it of supporting extremism and undermining regional stability.
"A potential risk to monitor might be that Qatar will view this as being provided with less encouragement to comply with the agreed production quota," said Jameel Ahmad of futures brokerage FXTM. Stocks in Qatar plunged more than 8% overnight to their lowest since January 2016. U.S. crude CLc1 was 0.6 percent lower at $47.12 a barrel on Tuesday, after falling 0.55% on Monday.
Global benchmark Brent LCOc1 retreated 0.6 percent to $49.17, extending Monday's 1 percent slide. The dollar index touched a seven-month low ahead of testimony before Congress from former FBI director James Comey on Thursday.
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The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022