German Industry Faces Billions in Losses Due to Raw Material Dependency

A British woman has filed a lawsuit against IAG group after claiming she was not given a farewell card upon her dismissal, alleging it represented a denial of her existence and citing various grievances including harassment.

Boeing plans to lay off 17,000 employees as it faces significant challenges including ongoing strikes, production delays, and quality issues, with the delivery of the 777X aircraft postponed until 2026.

BYD, China's top electric vehicle manufacturer, is set to enter the German market with competitively priced cars while facing challenges from EU tariffs on Chinese imports.

The ongoing debate in Iraq over public holidays is revealing significant economic challenges, with estimates showing that these holidays cost the state approximately $26 billion annually, prompting calls for legislative reform to balance cultural recognition with economic sustainability.

The International Monetary Fund has urged Türkiye to intensify its monetary policy efforts to combat inflation, recommending a more aggressive approach in economic reforms and a focus on data-driven policies.

The recent episode of 'Bab Dialogue' explored the complex relationship between managers and employees, discussing perceptions, challenges, and the importance of communication and employee satisfaction in fostering a positive workplace culture.

French Budget Minister Laurent Saint-Martin has assured that the draft finance bill does not propose an increase in gas taxes, countering earlier statements from the Minister of Ecological Transition. This clarification comes as part of ongoing discussions regarding energy taxation and ecological policies in France.

The US dollar continues to dominate the global financial landscape, holding 58% of foreign exchange reserves. Despite the euro and yuan making gains, structural and political challenges hinder their ability to rival the dollar's supremacy.

The IMF has requested Pakistan to stop tax exemptions for special economic zones, threatening the country's efforts to attract Chinese industries amid ongoing Belt and Road Initiative projects.

Russia has proposed a new financial system among BRICS nations aimed at reducing reliance on the dollar and circumventing Western sanctions. The initiative includes local currency transactions, trading centers for commodities, and the use of Distributed Ledger Technology.

In 2025, social security contributions are set to change significantly in Germany and France, impacting salaries and health insurance costs. Key adjustments include potential increases in contribution limits and shifts in health insurance funding responsibilities.

The surge in global government debt poses serious risks to economic stability, with projections indicating a rise to $145 trillion by 2030. Experts warn of potential inflation and limited investment in crucial sectors as countries struggle with high-interest payments.

Boeing is cutting 17,000 jobs, about 10% of its workforce, due to financial losses and an ongoing strike by machinists, as the company faces significant challenges in production and delivery schedules.

The United Shipbuilding Corporation in Russia is advancing the construction of ice-strengthened river passenger vessels, enhancing transport capabilities in the Arkhangelsk region. The REGC.126 project includes multiple vessels designed for icy conditions, aiming to modernize the civil ship fleet by 2035.

China's major banks will cut existing mortgage rates from October 25 to ease pressure on homeowners, as part of a broader strategy to stimulate economic recovery amid ongoing challenges.