Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials
The won/dollar exchange rate's rise to 1,450 won and historic cocoa prices over $12,900 per tonne are driving significant increases in domestic prices and posing economic challenges.
Former Minister Christophe Castaner Joins Shein as CSR Advisor
Former French Minister Christophe Castaner has been appointed as an advisor to Shein, focusing on corporate social responsibility initiatives as the fast fashion giant seeks to improve its sustainability practices amidst increasing scrutiny.
Putin Proposes Expansion of Family Mortgage Program to Boost Housing Access
President Vladimir Putin has proposed expanding the family mortgage program in Russia to allow purchases on the secondary market, aiming to improve housing access for families with children.
China's Economy Faces Challenges Amidst New Stimulus Efforts
China's economy is projected to face significant challenges in 2025, with low consumer confidence and potential US tariffs threatening growth. The government is implementing new stimulus measures to boost domestic consumption.
USMCA Panel Rules Against Mexico in GM Corn Dispute
A USMCA panel ruled in favor of the United States in a dispute over Mexico's ban on genetically modified corn, requiring Mexico to reverse its restrictions within 45 days.
Trump Threatens EU with Tariffs Unless They Buy More US Gas and Oil
President-elect Donald Trump has warned the European Union that it must significantly increase its purchases of American gas and oil or face substantial tariffs on its products. This ultimatum comes as the EU prepares for potential trade escalations and seeks to deepen energy ties with the U.S.
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
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials
2024/7/20
CrowdStrike's Software Update Sparks Global Outage, Shares Plunge 21%
Discover how a software update from CrowdStrike caused a global computer outage, impacting airlines, banks, and more, leading to a significant drop in its stock price. Learn about the implications for the cybersecurity industry and investor confidence.
Unicredit, Emirates NBD, and Abu Dhabi Commercial Bank Report Impressive Financial Growth Amid Economic Challenges
Explore how Unicredit, Emirates NBD, and Abu Dhabi Commercial Bank are achieving remarkable financial growth in 2024, with net profits soaring and strategic initiatives driving success amidst economic challenges.
Thousands Rally to Block La Rochelle Port, Condemn Agro-Industry Practices
Join the protest against agro-industry practices as thousands gather in La Rochelle to block the port and demand accountability for irrigation reserves. Discover the implications of megabasin projects and the ongoing struggle for water resources.
Unprecedented Microsoft Outage Triggers Global Disruption and Conspiracy Theories
Discover how a significant Microsoft outage caused global disruptions in financial markets and sparked conspiracy theories. Learn about the impacts on the Paris 2024 Olympics and the ongoing challenges in combating disinformation.