World Daily News

ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

ArcelorMittal's service centers in Reims and Denain have gone on strike following the company's announcement of potential site closures due to declining activity in the industrial and automotive sectors.

Business

Algeria's 2025 Budget: Record Spending Amidst Significant Deficit

2024-11-24T16:51:55.284Z

Algeria's President Tebboune has approved a historic budget for 2025, featuring record spending and a significant deficit, highlighting the country's reliance on oil and gas revenues.

Business

Turkey's Trade with Arab Nations Hits Record Highs in 2024

2024-11-24T16:51:51.150Z

Turkey's trade with Arab countries has surged to record levels in 2024, with exports reaching $39.9 billion, driven by political rapprochement and strategic economic partnerships.

Business

Iraq Faces Electricity Crisis as Iranian Gas Supplies Halted

2024-11-24T19:41:56.888Z

Iraq's electricity supply faces a significant setback as Iranian gas imports are halted for maintenance, leading to a loss of 5.5 gigawatts from the national grid. The Ministry of Electricity is coordinating efforts to mitigate the impact while addressing long-standing energy challenges.

Business

Egypt's Economy Strained by Red Sea Tensions, Warns Foreign Minister

2024-11-24T20:52:05.896Z

Egyptian Foreign Minister Badr Abdel Aty warns of significant economic impacts due to escalating tensions in the Red Sea, leading to a drastic decline in Suez Canal revenues.

Business

Netanyahu's Arrest Warrants Pose Threat to Israel's Economy

2024-11-24T17:21:51.087Z

The issuance of international arrest warrants against Israeli leaders threatens the stability of Israel's economy, as highlighted by a Calcalist report, which warns of decreased foreign investment and rising debt levels.

Business

QatarEnergy Increases Stake in Offshore Namibia Exploration Blocks

2024-11-24T16:12:19.356Z

QatarEnergy has acquired additional stakes in two offshore exploration blocks in Namibia, increasing its interest in Block 2913B to 35.25% and Block 2912 to 33.025%.

2024/9/22

Business

From Riches to Resilience: Colin Huang's Journey in E-Commerce and the Rise of Temu

2024-09-22T17:35:23.038Z

Explore Colin Huang's remarkable journey from humble beginnings to becoming a billionaire entrepreneur. Learn how his innovative e-commerce platforms, Temu and Pinduoduo, have reshaped online shopping, despite facing recent challenges.

Business

Netanyahu's Bold Move: Cancelling the 200-Shekel Note to Tackle Black Money and Boost Israel's Economy

2024-09-22T14:55:21.360Z

Israeli Prime Minister Netanyahu proposes cancelling the 200-shekel note to combat black money and boost Israel's economy, raising concerns about its impact on the Palestinian territories and amid rising military expenditures.

Business

China's Income Grows 76 Times in 75 Years Amid Economic Challenges

2024-09-22T12:45:44.729Z

Explore how Chinese income has surged 76 times over 75 years, achieving significant poverty reduction, while facing current economic challenges like high youth unemployment and deflation risks.

Business

5 High-Paying Career Paths Surpassing Traditional Programming in 2024

2024-09-22T12:05:40.539Z

Explore five lucrative career paths that are quickly replacing traditional programming roles, including digital marketing, cloud services management, and AI software development, as the demand for tech skills evolves in 2024.

Business

Karameh Crossing Closure: A Major Blow to West Bank's Economy After Security Incident

2024-09-22T07:55:46.176Z

The closure of the Karameh crossing due to a security incident has severely impacted the West Bank economy, leaving hundreds of transport workers unemployed and causing shortages of goods. Calls for international intervention are increasing as the situation worsens.

Business

China's Deflation Threatens Global Economy: Key Insights for 2024

2024-09-22T06:05:53.811Z

China faces potential chronic deflation, posing risks to its economy and the global market. With rising unemployment and declining producer prices, the implications for global inflation and growth are significant. Discover the latest insights on China's economic challenges and their potential global impacts.