European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis
The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.
Controlling Inflation in Post-Conflict Syria: Strategies and Challenges
Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.
Syria Sets New Fuel Prices Amid Economic Challenges
The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.
Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move
The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.
Syria's New Administration Cancels Fees to Boost Economy
The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.
Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina
Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.
CATL to Launch 1,000 Battery Replacement Centers in China
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Saudi Arabia Innovates Lithium Extraction from Oil Wells
Lawyer Warns of SNILS Misuse in Fraudulent Activities
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
2024/7/4
EU Imposes Significant Tariffs on Chinese Electric Vehicles Amid Trade Tensions
The EU has imposed provisional tariffs ranging from 17.4% to 37.6% on Chinese electric vehicles, citing unfair subsidies. Ongoing negotiations aim to resolve the trade conflict, but the tariffs will take effect Friday.
Ayalon Routes Blocked Again: Major Infrastructure Work Disrupts Traffic
The Ayalon lanes will be blocked again this evening for infrastructure work, causing significant traffic disruptions. The Movement for the Quality of Government urges reconsideration of weekday work schedules.
EU Imposes Up to 38% Tariffs on Chinese Electric Cars Amid Subsidy Dispute
The EU has imposed new tariffs of up to 38% on Chinese electric cars, citing illegal subsidies by Beijing. This move follows an extensive investigation and aims to protect the European automobile industry. A final decision is expected by November.
Jewelry Store Heist in Nice: Over 100,000 Euros Stolen in Daylight Robbery
A jewelry store on Avenue de Verdun in Nice was robbed in broad daylight, with over 100,000 euros worth of jewelry stolen. The suspect, who posed as a police officer, fled on a scooter. An investigation is underway.
Argentina's Milei Government to Enforce Strict Deficit Control in 2025 to Combat Inflation
The Argentine government, led by Javier Milei, plans to enforce strict deficit control policies in 2025 to combat inflation and foster economic stability. Key measures include reducing state size, increasing defense spending, and modernizing public administration.