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.
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
Lawyer Warns of SNILS Misuse in Fraudulent Activities
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
2024/11/7
Fed Chair Jerome Powell Refuses to Resign Amid Trump Presidency
Jerome Powell, Chairman of the U.S. Federal Reserve, affirmed he will not resign even if President-elect Donald Trump requests it, emphasizing the Fed's independence and the lack of short-term impact from the election on monetary policy.
Fed Chairman Powell Refuses to Resign Despite Trump Pressure
Jerome Powell, Chairman of the Federal Reserve, asserts he will not resign if President-elect Donald Trump requests it, citing legal protections for his role.
Fed Cuts Rates as Trump’s Victory Sparks Inflation Concerns
The Federal Reserve has cut interest rates following Donald Trump's election, raising concerns about potential inflation due to his proposed economic policies.
Fed Cuts Rates Amid Trump's Economic Agenda: Inflation Concerns Loom
The Federal Reserve has cut interest rates for the second consecutive time following Donald Trump's election victory, amid concerns that his proposed economic policies could lead to increased inflation and impact monetary policy decisions.
Nissan Cuts 9,000 Jobs as Auto and Construction Industries Face Crisis
Nissan announces a significant job cut of 9,000 as it restructures amid declining sales and profits, reflecting a broader crisis in the automotive sector. Meanwhile, Hamberger Flooring in Germany lays off 40 employees due to challenges in the construction industry.
Federal Reserve Cuts Interest Rates Again Amid Economic Uncertainty
The US Federal Reserve has reduced interest rates for the second consecutive time, responding to easing inflation fears amid uncertainty surrounding Donald Trump's return to the presidency.
Trump's Election Victory Boosts Musk's Wealth by $26.5 Billion
Elon Musk's fortune increased by $26.5 billion following Donald Trump's election victory, marking a significant economic impact on Wall Street and boosting the fortunes of several billionaires.
Federal Reserve Cuts Rates as Trump’s Victory Sparks Trade War Fears
The US Federal Reserve has cut interest rates by 0.25 points following Donald Trump's victory, raising concerns about potential inflation and trade wars, particularly impacting the German automotive industry.
Milla Jasmine Ordered to Cease Misleading Commercial Practices by DGCCRF
Milla Jasmine, a Dubai-based influencer, has been ordered by the DGCCRF to stop misleading commercial practices on her social media accounts, following an investigation into her advertising disclosures.
Inbal Or Arrested Ahead of Verdict in High-Profile Fraud Case
Inbal Or, a real estate entrepreneur, was arrested after failing to attend her court hearing regarding serious charges including tax fraud and forgery, with a verdict expected soon.
Trump's Victory Sparks Economic Gains for Investors and Major Corporations
Donald Trump's recent election victory is anticipated to benefit investors and major corporations, particularly in the tech and cryptocurrency sectors, while increasing tensions with China.
Europe's Exploitation of Africa's Fishing Resources: A Deep Dive
This article explores how European fishing agreements impact Africa's marine resources and local economies, highlighting the challenges of illegal fishing and the inequity of financial returns from these agreements.
Europe's Exploitation of Africa's Fish Resources: A Deepening Crisis
Africa's coastlines are rich in fish resources essential for local economies and food security, but exploitation through unfair agreements and illegal fishing threatens sustainability and livelihoods.
Elon Musk's Lottery Lawsuits Amidst Record-Breaking Wealth Surge
Elon Musk faces lawsuits over his lottery conducted before the 2024 US elections, as he simultaneously becomes the world's richest person following a significant increase in Tesla's stock.
Airline Pilots Announce Strike on November 14 Over Tax Hike Concerns
The National Union of Airline Pilots has called for a strike on November 14 to protest a proposed increase in the solidarity tax on airline tickets, which they argue could lead to significant job losses and higher ticket prices.