Explosion at Mexican Steel Mill Results in 13 Fatalities

The US trade deficit hit $78.8 billion in July 2024, its highest in two years, primarily due to a significant rise in imports. This surge raises concerns about economic stability and potential government intervention.

Discover how plummeting oil prices, driven by U.S. economic concerns and manufacturing data, may prompt OPEC+ intervention. Stay informed on the latest trends affecting global oil markets.

Former Volkswagen CEO Martin Winterkorn defends himself against Dieselgate charges, calling accusations of fraud 'inconceivable.' Discover his statements and the ongoing trial's implications for the automotive industry.

The Israeli shekel faces a sharp decline against the dollar and euro due to Wall Street's downturn and ongoing tensions in Gaza. Explore the economic implications and potential recovery strategies.

Discover how Interros is spearheading transformative investment initiatives in the Far East, creating jobs and enhancing the region's appeal to global investors while prioritizing sustainability and innovation.

Bitcoin has fallen to $56,318 amid fears of an economic slowdown in the US and China, prompting increased demand for hedging in the cryptocurrency market. Learn about the current trends and expert predictions for Bitcoin's future.

Join us in Riyadh for the Entrepreneurship World Cup Finals, where top startups compete for $1 million in prizes and opportunities for growth. Discover how this event empowers entrepreneurs and stimulates investment in Saudi Arabia.

Libya is grappling with a severe banking crisis, marked by delayed salaries for state employees and a halt in essential transactions. As political factions vie for control of the central bank, the economic implications are dire, leading to fuel shortages and public frustration.

Nvidia shares plummeted 9.53%, resulting in a historic $279 billion loss, as recession fears mount amid disappointing manufacturing data. Discover the implications for the AI sector and investor sentiment.

Riad Salameh, former Governor of the Central Bank of Lebanon, has been arrested on serious charges of money laundering and embezzlement. This development could signal a pivotal moment for Lebanon's financial accountability amidst a severe economic crisis.

Discover the groundbreaking military advancements showcased at the Egypt International Airshow 2024, featuring Russia's cutting-edge defense technologies including drones and advanced missile systems designed to enhance combat effectiveness.

Discover how the shipping industry is navigating environmental challenges while profits soar. Hugio Autoliners leads with innovative solutions and a commitment to sustainability, despite rising costs and trade tensions.

Turkey's inflation rate has significantly decreased to 51.97% in August, driven by soaring interest rates and economic reforms. Explore the implications for the Turkish economy and consumer behavior.

Explore the significant impact of Riad Salameh's departure from the Central Bank of Lebanon amid a dire economic crisis, marked by allegations of financial mismanagement and the urgent need for reform.

Explore the challenges faced by Libya's National Oil Corporation as political instability leads to significant oil production cuts, costing the country millions. Learn about the corporation's role in the economy and its efforts to stabilize operations amidst ongoing conflict.

Explore the surge in Volkswagen's production of the ID.7 electric vehicle and the critical discussions at Israel's Urban Renewal Summit addressing the housing market challenges. Discover how both sectors are adapting to meet growing demands and regulatory pressures.