World Daily News

The Economic Effects of Syrian Refugees Returning to Türkiye

The return of Syrian refugees to Türkiye following the fall of Bashar al-Assad's regime presents both opportunities and challenges for the Turkish economy, particularly in labor markets and investment sectors.

Business

Iran's Currency Crisis: Political Pressures and Economic Strategies

2024-12-18T17:48:04.421Z

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.

Business

Israel's Poverty Rate Remains High, Ranking Second in OECD

2024-12-18T17:47:27.442Z

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.

Business

Kiryat Shmona's Real Estate Market Stagnates Amid Uncertainty and Lack of Investment

2024-12-18T20:17:54.475Z

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.

Business

Wall Street Plummets as Fed Signals Fewer Interest Rate Cuts Ahead

2024-12-18T23:37:31.480Z

U.S. stock markets fell sharply after the Federal Reserve's announcement of its third interest rate cut this year, signaling a more cautious approach to future cuts.

Business

US Federal Reserve Lowers Interest Rates by 0.25% Amid Economic Recovery

2024-12-18T19:37:32.938Z

The US Federal Reserve has cut interest rates by 0.25% to support economic growth, despite rising inflation and mixed labor market signals.

Business

Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities

2024-12-18T14:07:25.529Z

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.

2024/11/18

Business

Tesla Shares Surge as Trump Plans to Regulate Self-Driving Vehicles

2024-11-18T20:30:52.341Z

Tesla's stock surged 8% following reports that President-elect Donald Trump's administration plans to prioritize a regulatory framework for self-driving vehicles, potentially easing the approval process for autonomous technologies.

Business

EU-Mercosur Trade Agreement Faces Opposition as Scholz Pushes for Finalization

2024-11-18T18:11:48.676Z

German Chancellor Olaf Scholz urges the finalization of the EU-Mercosur trade agreement, facing strong opposition from French President Emmanuel Macron, who seeks to protect farmers' interests.

Business

Trump's Policies Could Drive Up Grocery Prices and Impact Global Economy

2024-11-18T18:11:03.981Z

Donald Trump's second term could lead to higher grocery prices in the U.S. due to mass deportations, while also affecting the global economy, particularly in Germany.

Business

Black Friday 2024: Major Discounts on Robot Vacuum Cleaners from Top Brands

2024-11-18T18:10:55.639Z

Major brands like Dreame, Roborock, and iRobot are offering significant discounts on robot vacuum cleaners for Black Friday 2024, making it an ideal time for consumers to purchase these devices.

Business

Senate Examines Social Security Budget: Pensions, Employer Contributions, and More

2024-11-18T18:00:31.983Z

The French Senate is debating the Social Security budget, focusing on pensions, employer contributions, and new taxation measures.

Business

French Government Seeks Buyer for '60 Million Consumers' Magazine Amid Financial Struggles

2024-11-18T17:50:35.703Z

The French government is looking for a buyer for the magazine '60 Million Consumers', published by the National Institute of Consumption, due to ongoing financial difficulties and a significant drop in subscribers.

Business

Israel's Employment Rate Falls Below 60% Amid Ongoing Conflict

2024-11-18T17:31:28.677Z

The employment rate in Israel has fallen to 59.9% in October, primarily due to the ongoing conflict in northern regions, marking a notable decline in the labor market.

Business

Black Friday 2024: Major Discounts on Roborock and Dreame Robot Vacuums

2024-11-18T16:40:30.450Z

Roborock and Dreame are offering significant discounts on their robot vacuum cleaners ahead of Black Friday 2024, with savings of up to 400 euros on popular models.

Business

Goldman Sachs Predicts Gold to Hit $3,000 per Ounce by 2025

2024-11-18T16:00:50.254Z

Goldman Sachs forecasts gold prices to rise to $3,000 per ounce by the end of 2025, driven by central bank purchases and potential US interest rate cuts.

Business

Trump's Second Term: What Lies Ahead for Silicon Valley Giants?

2024-11-18T15:31:23.065Z

Donald Trump's recent election victory raises questions about the future of Silicon Valley as tech giants brace for potential changes in regulations, antitrust laws, and the overall business environment. With Elon Musk likely to play a significant role in shaping policies, the tech industry anticipates a transformative period that could redefine innovation and regulation.

Business

Argentina and Brazil to Sign Energy Agreement Amid EU-Mercosur Tensions

2024-11-18T15:10:41.783Z

Argentina and Brazil are set to sign a key energy agreement focusing on natural gas exports, while France's Macron rejects the EU-Mercosur trade deal.

Business

Renault Trucks Invests €28 Million to Boost Electric Truck Production

2024-11-18T15:10:33.796Z

Renault Trucks is investing €28 million to enhance electric truck production at its Blainville-sur-Orne plant, supported by the France 2030 plan. Meanwhile, the new Renault 5 E-Tech Electric aims to offer affordable electric vehicles starting at €23,990.

Business

Germany's Economy Faces Contraction for Second Consecutive Year Amid Political Uncertainty

2024-11-18T14:50:33.358Z

Germany's economy is set to contract for the second year in a row, with a projected GDP decline of 0.1% in 2024, driven by political uncertainty, high interest rates, and rising corporate bankruptcies.

Business

Türkiye and Elon Musk: Strategic Partnership to Boost Technology and Economy

2024-11-18T11:41:06.475Z

Turkish President Erdogan has announced a potential partnership with Elon Musk to enhance Türkiye's technological capabilities and economic growth, focusing on electric vehicles, space exploration, and renewable energy.

Business

Sudan Faces Liquidity Crisis, Resurgence of Silent Trade Amid Conflict

2024-11-18T08:00:21.675Z

Sudan's ongoing liquidity crisis has forced many regions to revert to silent trade, as cash shortages and high transaction fees hinder traditional commerce.

Business

Farmers Mobilize Nationwide Against Trade Agreement and Government Promises

2024-11-18T04:10:38.995Z

Farmers across France are set to demonstrate against the Mercosur trade agreement and the slow implementation of government promises, with significant mobilizations planned for November 17 and 18.