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.
Syria Sets New Fuel Prices Amid Economic Challenges
The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.
Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move
The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.
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.
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.