Yuan Weakens To 7.1879 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened three pips to 7.1879 against the on dollar Tuesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…

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Israel-Palestine Conflict: Saudi Arabia Hosts Global Alliance for Two-State Solution

Saudi Arabia’s Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, on Wednesday in Riyadh kicked off the inaugural meeting of the Global Alliance for the Implementation of the Two-State Solution, underscoring Saudi Arabia’s commitment to fostering peace and stability in the Middle East. The coalition, announced last month in partnership with international allies,…

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