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.
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.
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.
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.
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
2024/8/12
OPEC Cuts Global Oil Demand Forecasts Amid China's Economic Challenges: What It Means for Prices
OPEC has lowered its global oil demand forecast for 2024 due to weaker economic performance in China, adjusting expectations for oil prices and market stability. Explore the implications of these changes on the global oil landscape.
Israeli Shekel Plummets 1.5% Amid Looming Threat of Iranian Attack
The Israeli shekel has fallen 1.5% against the dollar amid rising fears of an imminent Iranian attack, reflecting significant market volatility and geopolitical tensions in the region.
Israel's Finance Ministry Unveils Emergency Budget Plan for 2025 Amid Gaza Conflict
Explore Israel's proactive measures as the Finance Ministry prepares an emergency budget for 2025 amidst the ongoing Gaza conflict. Discover the implications of proposed tax reforms and spending cuts on public sector workers.
Russia Secures $2.3 Billion in Sanction-Evading Dollar and Euro Banknotes Amid Ongoing Financial Struggles
Discover how Russia has managed to acquire $2.3 billion in dollar and euro banknotes despite stringent sanctions. Learn about the implications for trade and currency dynamics in the region.
Youth Unemployment Hits Historic Low at 13%: A Global Economic Recovery Story
Discover how global youth unemployment has dropped to a historic low of 13% as economies recover post-COVID-19, while challenges remain in various regions. Learn about the disparities in job security and the urgent need for decent work opportunities for young people.
Jordan Dominates Israel's Vegetable Imports Amid Cholera Concerns: What You Need to Know
Explore how Jordan's vegetable exports to Israel have surged, the implications of cholera contamination concerns from the Yarmouk River, and the impact on local Israeli farmers. Stay informed about the current state of food safety and agricultural practices.
Algeria's $22 Billion Asset Recovery: Transforming Corruption into Economic Opportunity
Discover how Algeria's recovery of over $22 billion in assets from corruption is set to transform its economy, create jobs, and revitalize key sectors including tourism and industry.