Syria's New Administration Cancels Fees to Boost Economy
The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.
European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis
The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.
Controlling Inflation in Post-Conflict Syria: Strategies and Challenges
Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.
Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina
Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.
Honda and Nissan Consider Joint Production Amid Merger Talks
Honda and Nissan are exploring joint vehicle production as part of potential merger discussions, aiming to strengthen their collaboration in the automotive market.
CATL to Launch 1,000 Battery Replacement Centers in China
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Saudi Arabia Innovates Lithium Extraction from Oil Wells
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina
2024/10/19
China Reports Slowest Economic Growth in 18 Months Amid Stimulus Measures
China's economy grew 4.6% in Q3 2024, marking its slowest growth in 18 months due to weak consumer spending and property sector challenges, prompting increased stimulus measures by the government.
Gold Prices Reach New Heights Amid Middle East Conflict and U.S. Election Uncertainty
Gold has reached a record high of over $2,700 per ounce, driven by safe-haven demand amid escalating conflicts in the Middle East and uncertainty surrounding the U.S. presidential election.
Turkey-Africa Cooperation Forum Highlights Growing Trade and Investment Opportunities
The 11th Turkey-Africa Cooperation Forum in Istanbul emphasized strengthening trade and investment ties between Türkiye and Africa, with significant growth in Turkish exports and investments on the continent.
Russia's Finance Minister Siluanov Advocates Responsible Fiscal Policy Amid Global Debt Crisis
At the Moscow Financial Forum, Finance Minister Anton Siluanov outlined Russia's commitment to responsible fiscal policies amidst rising global government debt, while discussing the implications for the country's economic stability.
Jordan's Electric Car Tax Hike Sparks Industry Concerns
The Jordanian government's recent tax hike on electric vehicles has halted sales and raised concerns among investors and consumers, prompting calls for reconsideration from the new administration.
Sanofi Moves Forward with Doliprane Sale Amid Employee Strikes and Political Scrutiny
Sanofi is finalizing its sale of Doliprane to American fund CD&R, amid employee strikes and political scrutiny over job security and French sovereignty.
Fitch Affirms Italy's BBB Rating and Upgrades Outlook to Positive
Fitch Ratings has affirmed Italy's BBB rating, upgrading the outlook to positive due to improved budgetary performance and compliance with EU fiscal rules. The Italian government is preparing a budget for 2025 that aims to balance electoral promises with fiscal adjustments.
France Moves Forward with Tax on Super Profits Amidst Political Debate
The Finance Committee of the French Parliament has approved a new tax on the 'super profits' of large companies, aiming to raise an estimated 15 billion euros for the national budget. The measure, which will be reviewed again next week, has sparked significant political debate.