CATL to Launch 1,000 Battery Replacement Centers in China

Moody's has maintained France's sovereign debt rating at Aa2 but downgraded its outlook to negative, indicating growing concerns over public finances and the government's ability to implement necessary reforms.

Türkiye has initiated a seismic survey for oil and gas off the coast of Somalia with the arrival of the Oruc Reis vessel, marking a significant step in the country's energy development.

The IMF warns of a decline in global GDP growth and rising debt, highlighting challenges faced by governments worldwide as they strive to improve opportunities for citizens and address climate change.

The E. coli outbreak linked to McDonald's hamburgers has resulted in 75 infections across 13 states, prompting lawsuits and a recall of slivered onions.

Turkish President Recep Tayyip Erdogan announced record defense exports at the SAHA Expo 2024, highlighting advancements in the country's defense industry.

Algeria is implementing significant reforms in its trade sector to diversify its economy away from hydrocarbons, aiming for $29 billion in non-oil exports by 2030. The government is focusing on regulating foreign trade to ensure local market stability while encouraging partnerships with foreign investors.

China has announced duty-free access for Afghanistan to enhance economic ties and support the Taliban government in diversifying its economy.

The Central Bank of Russia has raised the key interest rate to 21% to tackle persistent inflation, which remains above expectations despite slight improvements.

The E. coli outbreak linked to McDonald's has resulted in one death and numerous illnesses, prompting a lawsuit and significant stock price decline for the fast-food chain.

The Bank of Russia has begun circulating updated 5,000 ruble banknotes with enhanced security features, starting in regions like Altai. The new design showcases regional landmarks and will gradually replace the older series.

Lebanon has been added to the FATF grey list due to deficiencies in combating financial crimes, which could worsen its ongoing financial crisis.

At the recent BRICS summit, President Putin outlined plans to enhance financial cooperation among member states, focusing on trade in national currencies and developing a new investment platform aimed at fostering economic growth and independence from Western financial systems.

Morocco's 2025 budget, presented by Minister Nadia Fettah Alaoui, aims for a 4.6% economic growth amid challenges like unemployment and high debt. Key investments focus on renewable energy and infrastructure for the 2030 World Cup, while also supporting vulnerable populations.

The upcoming U.S. presidential election between Donald Trump and Kamala Harris is poised to have profound implications for both the U.S. economy and global markets. With Trump potentially increasing tariffs, Germany could face significant GDP losses, while Harris emphasizes the importance of maintaining insulin price caps for vulnerable communities.

Turkish Aerospace Industries (Tusas) was attacked on October 23, 2024, resulting in five deaths and 22 injuries. The Turkish government has blamed the Kurdistan Workers' Party (PKK) for the attack.

In a historic shift, hybrid car sales have outpaced petrol car sales in the European Union, marking a significant trend towards greener vehicle options amidst declining overall new car sales.

La Poste has launched electric trucks for parcel delivery in Auvergne, while MAN has introduced its first heavy-duty electric truck, marking significant milestones in the shift towards sustainable transport.