World Daily News

West Bank Faces Currency Crisis: Surge in Demand for Dollars and Regulatory Response

The West Bank is experiencing a surge in demand for foreign currencies, prompting the Palestine Monetary Authority to implement strict regulations to stabilize the market amidst rumors and regional tensions.

Business

Chinese Stocks Soar 15.7% in Response to $114 Billion Stimulus Package

2024-09-27T16:57:28.619Z

Chinese stocks experienced a historic surge of 15.7% this week following a $114 billion stimulus package aimed at stabilizing the economy. This rally has also influenced European markets and driven up commodity prices, particularly in industrial metals like copper and iron ore.

Business

Russia's Cryptocurrency Mining Industry Set to Generate 50 Billion Rubles Annually

2024-09-27T16:37:02.507Z

Russia's cryptocurrency mining industry is expected to generate 50 billion rubles annually, driving economic growth and job creation in remote regions. CEO Igor Runets discusses the strategic importance of this sector for the country's economy.

Business

UK Government Scrutinizes Labour's Non-Dom Tax Reform Amid Revenue Concerns

2024-09-27T18:56:47.566Z

The UK government is reviewing Labour's proposed reforms to the non-dom tax system, raising concerns about potential revenue losses and the impact on wealthy residents. Discover the implications for public services and the economy.

Business

Abu Dhabi and Germany Streamline Vehicle License Processes to Enhance Compliance and Safety

2024-09-27T20:17:00.612Z

Discover how Abu Dhabi Police and Germany are simplifying vehicle license renewals and extensions, promoting compliance with traffic laws and enhancing road safety.

Business

Eurozone Economic Confidence Plummets to 96.2 Amid Manufacturing Decline

2024-09-27T17:57:15.224Z

Eurozone economic confidence falls to 96.2 in September, driven by a sharp decline in manufacturing sentiment. Calls for interest rate cuts from the European Central Bank intensify as business activity contracts unexpectedly.

Business

Russia Reinvents Energy Exports, Boosts Asia-Pacific Trade Amid Sanctions

2024-09-27T16:07:26.332Z

Despite facing significant sanctions, Russia has successfully restructured its energy exports, increasing its presence in the Asia-Pacific market. President Putin emphasizes the importance of BRICS collaboration to create independent payment systems, enhancing trade with friendly nations.

2024/6/4

Business

Germany Approves €1.75 Billion Compensation to Cease Coal by 2038

2024-06-04T16:12:35.051Z

Germany has approved €1.75 billion in compensation for the coal phase-out by 2038, aiding Leag in transitioning to renewable energy. Learn about the comprehensive plan and its impacts.

Business

EU Green Law Challenges Coffee Farmers: $110 Billion Trade at Risk

2024-06-04T11:02:00.211Z

The EU's Restore Nature law poses challenges for the $110 billion global trade market. Coffee farmers and other commodities face stringent deforestation regulations, potentially affecting prices and supply chains in Europe.

Business

Germany's Pension Revolution: Including Civil Servants and Self-Employed to Strengthen the System

2024-06-04T10:52:26.930Z

Germany proposes including civil servants and self-employed in pension insurance to stabilize the system. This move, inspired by Austria, faces political resistance but aims for social equity.