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
2024/8/19
Russians Drive Used Car Sales to Record Highs: 546,200 Vehicles Sold in July 2023
In July 2023, Russians purchased 546,200 used cars, the highest in nearly a year. Discover how declining prices and the rise of Chinese automakers are reshaping the automotive market in Russia.
Oman Investment Authority Achieves $4.4 Billion Profit and Strong Asset Growth in 2023
Discover how the Oman Investment Authority reported impressive profits exceeding $4.4 billion and significant asset growth in 2023, alongside the IMF's positive outlook for Oman's economy.
مصرف ليبيا المركزي يستأنف أعماله بعد الإفراج عن مدير تقنية المعلومات وسط توترات متزايدة
استأنف مصرف ليبيا المركزي أعماله بعد الإفراج عن مدير تقنية المعلومات، مصعب مسلم، الذي تعرض للخطف. الحادثة تثير مخاوف من تصعيد التوترات بين الفصائل المسلحة في البلاد.
Tragedy Strikes: Tech Titan Mike Lynch Missing After Luxury Sailboat Sinks Near Sicily
Tech entrepreneur Mike Lynch is missing after a luxury sailboat sank off Sicily's coast, leaving one confirmed dead and several others unaccounted for. Discover the details of this tragic incident and Lynch's remarkable career.
Israeli Leaders Reverse Turkish Import Ban: A Strategic Economic Decision
Israeli Prime Minister Netanyahu and Finance Minister Smotrich have reversed a proposed ban on Turkish imports aimed at Palestinian merchants, recognizing the potential economic harm to Israel. This decision reflects the intricate trade relationships and geopolitical dynamics between Israel and Turkey.
Unveiling Gold's Timeless Allure: From Ancient Legends to Modern Markets
Explore the captivating history of gold, from the legendary city of El Dorado to Mansa Musa's pilgrimage, and understand its multifaceted role in society, economics, and modern technology. Discover how gold remains a symbol of wealth and power in today's global market.
Gold Stabilizes as US Interest Rate Cut Looms; Oil Prices Dip Amid Chinese Demand Fears
Discover how gold prices are stabilizing with expectations of a US interest rate cut, while oil prices are declining due to concerns over Chinese demand. Get insights into how these factors are shaping market sentiment amid ongoing geopolitical tensions.
Discover the Top 7 Almond-Producing Countries: Unveiling Global Trends and Trade
Explore the fascinating world of almonds, from the top-producing countries to global trade dynamics. Discover how the U.S. leads in almond production and the key players in the almond export-import market.