Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.
Trump vs. Harris: Economic Implications for the U.S. and Germany
As the U.S. election approaches, the volatile stock of Trump Media reflects the political stakes, while experts warn of significant economic repercussions for Germany if Trump wins.
Russia to Increase Maternity Capital and Social Benefits in 2025
Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.
Impact of US Elections on Israeli Economy: Trump vs. Harris
The upcoming US elections are set to influence the Israeli economy significantly, with candidates Trump and Harris proposing contrasting economic policies that could reshape international trade and investment.
French MPs Reject Soda Tax Reform Amid Political Tensions
On November 4, 2024, French MPs rejected a proposed reform of the soda tax aimed at reducing sugar consumption, despite government support. The decision reflects ongoing political tensions regarding health policies as opposition parties accuse the government of obstruction during budget reviews.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
2024/11/3
Volkswagen CEO Outlines Austerity Measures Amid Profit Challenges
Volkswagen CEO Oliver Blume announced strict austerity measures to combat rising costs and declining profits, including potential factory closures and layoffs in Germany.
Sudan Receives Over $300 Million in Grants from World Bank
Sudan will receive over $300 million in grants from the World Bank, to be disbursed through UNICEF and the World Food Programme, as part of efforts to support the country's economic recovery.
IMF Begins Fourth Review of Egypt's $8 Billion Lending Program
The IMF has initiated the fourth review of its $8 billion lending program with Egypt, following calls from President Sisi for adjustments amid rising economic pressures and regional tensions.
Boycott Against Companies Supporting Israel Intensifies, Financial Losses Mount
The ongoing boycott against companies perceived as supporting Israel due to the Gaza conflict has led to significant financial losses for major brands like Starbucks, Americana Restaurants, McDonald's, Coca-Cola, and PepsiCo.
Saudi Sovereign Fund to Acquire $2 Billion Stake in MBC Group
Saudi MBC Group announces the sale of a 54% stake to the Saudi Public Investment Fund for $2 billion, significantly impacting the media landscape.
Dollar's Surge Linked to Trump Election Prospects
The dollar's significant rise in October is closely tied to expectations surrounding the upcoming US presidential election, with analysts predicting that a Trump victory could lead to higher inflation and sustained interest rates.
TGI Friday's Files for Bankruptcy to Restructure Debt
TGI Friday's has filed for Chapter 11 bankruptcy to restructure its debts and ensure the brand's long-term viability, citing the impact of the COVID-19 pandemic.
Why Gold Prices are Rising in Iraqi Markets Amid Economic Uncertainty
Gold prices in Iraq have surged to 585,000 dinars per mithqal, prompting discussions on investment amidst regional instability.