World Daily News

Amazon CEO Andy Jassy Declares End of Remote Work Era: Employees to Return Full-Time by January 2025

Amazon CEO Andy Jassy announces a full return to in-office work for administrative employees starting January 2025, marking the end of extensive remote work policies. This move aims to strengthen company culture and enhance collaboration among teams.

Business

Swiss Watch Exports Plummet: Industry Faces Decline Amid Market Pressures

2024-09-21T17:05:32.147Z

Swiss watch exports fell to 1.2 million units in August, facing significant challenges in key markets like China and Hong Kong. Despite a rise in total export value, the industry struggles with declining demand and pressure on pricing. Government support and strategic adjustments are critical for recovery.

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.

Business

Brazil Set to Join China's Belt and Road Initiative Amid Declining Investments

2024-09-21T16:15:48.347Z

Brazil is preparing to join China's Belt and Road Initiative, with President Xi Jinping expected to announce the accession in November. Despite a decline in Chinese investments, the partnership promises significant economic benefits and may impact Brazil's relations with the United States.

Business

Ethiopia's Currency Crisis: Birr Devalued by 30% Amid Economic Struggles

2024-09-21T14:35:05.259Z

Ethiopia faces economic challenges as the birr is devalued by 30%, leading to soaring prices and inflation. Despite short-term pain, experts believe reforms may benefit the economy in the long run.

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

Iraq's Central Bank Takes Bold Steps to Strengthen Economy and Financial Systems

2024-09-21T13:45:21.773Z

The Central Bank of Iraq is implementing key strategies to enhance economic stability, reduce reliance on the US dollar, and promote digital banking, aiming for a resilient financial future.

2024/9/22

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.