US president addresses WEF Links high inflation to oil price Trump ‘surprised’ prices still high Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos,

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

Saudi Arabia aims to diversify its economy as part of the country’s long-term economic transformation plan, Finance Minister Mohammed Al-Jadaan tells Bloomberg at the World Economic Forum in Davos, Switzerland.

President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.

Dubai Global sukuk issuance is forecasted to approach $190 billion to $200 billion in 2025, driven by monetary easing and substantial financing needs in core Islamic finance countries, according to S&P Global Ratings.

A Connecticut man was sentenced to over two years in federal prison on Tuesday after he fraudulently obtained loans and money for projects in Saudi Arabia. Hanibal Tayeh, 63, was sentenced by U.S ...

Ultimately, global markets will determine medium- and long-term interest rates and oil prices. The caveat for Trump is that politicians who try to circumvent markets eventually lose. The price discovery mechanism, unlike politicians and bureaucrats, can’t be suppressed, bought off or rendered inert for long.

His message for central banks to make an immediate interest rate cut signals potential pressure on the US Federal Reserve.

Fitch expects Gulf debt capital markets to grow further and will remain among the largest emerging-market dollar debt issuers in 2025 and 2026

Addressing the World Economic Forum in Davos, the US president (pictured) said borrowing costs in America and around the world 'should be dropping'.

President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast-filled address to the World Economic Forum in Davos, Switzerland.