Israel's Poverty Rate Remains High, Ranking Second in OECD
A report reveals that Israel has the second-highest poverty rate in the OECD, with significant disparities among different demographic groups and alarming child poverty rates.
Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities
Tunisia faces a severe crisis in its olive oil sector, with prices plummeting and farmers protesting due to lack of demand and liquidity. The crisis stems from aggressive anti-corruption measures and international competition, highlighting the need for comprehensive reforms.
US Federal Reserve Lowers Interest Rates by 0.25% Amid Economic Recovery
The US Federal Reserve has cut interest rates by 0.25% to support economic growth, despite rising inflation and mixed labor market signals.
Kiryat Shmona's Real Estate Market Stagnates Amid Uncertainty and Lack of Investment
The real estate market in Kiryat Shmona is facing severe stagnation due to uncertainty and lack of government investment, with significant declines in sales and rental prices.
Iran's Currency Crisis: Political Pressures and Economic Strategies
Iran's rial faces significant depreciation due to political tensions and economic policies, prompting the Central Bank to implement a new pricing mechanism aimed at stabilizing the currency.
Interest Rate for Home Savings Plans Drops to 1.75% in 2025
The interest rate for home savings plans (PEL) will decrease to 1.75% starting January 1, 2025, marking the first reduction in over eight years.
The Economic Effects of Syrian Refugees Returning to Türkiye
Challenges for Western Companies in China Amid Economic and Geopolitical Tensions
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Russia Announces 7.3% Pension Indexation for Working Pensioners in 2025
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Russia Allocates 18.4 Billion Rubles to Boost Domestic Auto Industry
2024/10/17
Kremlin Predicts Continued Wage Growth Amid Labor Shortage in Russia
The Kremlin forecasts ongoing salary increases in Russia, driven by a tight labor market and low unemployment, while launching initiatives to enhance workforce training and productivity.
European Central Bank Cuts Interest Rates to Combat Economic Recession
The European Central Bank has cut interest rates for the third time this year, aiming to stimulate economic growth amid a recession in the eurozone.
S&P 500 Reaches All-Time High on Strong Retail Sales and Tech Sector Growth
The S&P 500 index reached a record high on Thursday, buoyed by positive forecasts from TSMC and stronger-than-expected retail sales data, indicating robust economic growth.
Turkey's Central Bank Maintains Interest Rate at 50% Amid Inflation Uncertainty
Turkey's central bank has maintained its interest rate at 50%, citing increased uncertainty over inflation. Following a recent uptick in monthly inflation, analysts expect a potential easing cycle may not occur until late 2024.
Electric Vehicle Market in Italy Struggles as Stellantis Launches Affordable Models
The electric vehicle market in Italy is facing significant challenges, with only one in 20 registered vehicles being electric. In response, Stellantis has launched two affordable electric car models at the Autosalon Paris, aiming to capture market share amid increasing competition from Chinese manufacturers.
Algeria's Economic Shift: Strengthening Ties with India Amid EU Reevaluation
Algeria is shifting its economic focus towards India and Asia, as highlighted by Indian President Droupadi Murmu's recent visit, coinciding with Algeria's plans to review its partnership with the EU in 2025.
PAI Partners Raises Bid for Sanofi's Doliprane Amid Labor Strikes and Government Scrutiny
PAI Partners has increased its bid for Sanofi's Opella, which markets Doliprane, by 200 million euros, positioning itself as the leading bidder against CD&R amidst public outcry and labor strikes.
Oil, Gold, and Dollar Prices Surge Amid U.S. Election Uncertainties
Oil, gold, and the U.S. dollar have all seen increases following an unexpected drop in U.S. crude inventories and rising investor demand for safe-haven assets due to uncertainties surrounding the upcoming U.S. presidential election.
Hong Kong Implements Strategies to Shield Economy from China's Slowdown
Hong Kong is implementing various strategies to protect its economy from the adverse effects of China's economic slowdown, including relaxing mortgage rules and diversifying trade partners.
How to Boost Your Company's Financial Resilience: Insights from a CEO
John Abu Said, CEO of Halbert Hargrove, outlines key strategies for companies to enhance financial resilience amidst global economic challenges, emphasizing the importance of strategic planning, risk management, and customer relationship management.
America's Economic Ascendancy: Building Power Amidst Global Ruins
The article examines how the United States has historically built its economic power through global conflicts and trade manipulation, leading to a recent resurgence of protectionism that threatens the future of globalization.