Italy and Argentina Report Significant Tax Revenue Developments
Italy's intensified controls against tax evasion have led to a 33% increase in checks, while Argentina sees a 4.3% rise in tax revenues after months of decline.
South Korea's Won Plummets After Martial Law Declaration
The South Korean won has sharply declined against the US dollar following President Yoon Suk-yeol's declaration of martial law, reaching its lowest level since October 2022.
Austrian Tycoon René Benko Faces Arrest Warrant in Italy's Corruption Probe
Austrian businessman René Benko has been questioned by authorities following an arrest warrant issued by Italy in connection with a major corruption investigation involving real estate speculation and public administration.
South Korea Faces Challenges as China Dominates Auto Imports and Tech Theft Concerns Rise
South Korea's automotive industry is facing challenges as China overtakes it in vehicle imports to Israel, while allegations of technology theft in the semiconductor sector raise concerns about the nation's technological integrity.
Norauto Cyberattack: 78,000 Customers' Data Compromised in Breach
Norauto has confirmed a data breach affecting 78,000 customers, including sensitive personal information, following a recent cyberattack.
Developing Countries Face Record Debt Servicing Costs Amid Economic Strain
In 2023, developing countries faced record debt servicing costs of $1.4 trillion, with total debt reaching $8.8 trillion, highlighting the ongoing economic challenges post-COVID-19.
Russian Ruble Hits New Lows as Dollar Exchange Rate Surges
Taxi Protests in Lyon and Marseille Disrupt Traffic Amid Health Insurance Negotiations
Apple's Trillion-Dollar Growth: Key Acquisitions That Shaped Its Success
China Discovers One of the World's Largest Gold Deposits in Hunan
Rising Prices of Chocolate, Coffee, and Medicines Amid Climate Change
Lada Aura Business Sedan Sales Begin in Russia with Focus on Comfort
2024/12/1
Volkswagen Workers Launch Warning Strikes Over Job Cuts and Wage Reductions
Volkswagen workers in Germany are set to begin warning strikes in response to proposed job cuts and wage reductions, marking a significant escalation in labor disputes at the automaker.
Bangladesh's Inquiry Reveals $16 Billion Annual Looting During Hasina's Rule
An inquiry commission has revealed that Bangladesh lost $16 billion annually during Sheikh Hasina's 15-year rule, highlighting systemic corruption and economic mismanagement.
Trump's Tariffs Threaten U.S. Auto Industry with Major Consequences
Former President Trump's proposed 25% tariffs on car imports from Mexico and Canada could severely impact the U.S. auto industry, particularly major automakers like Stellantis and Volkswagen, which rely heavily on these countries for production.
Egypt's Energy Crisis: Can Regional Interconnection Solve the Power Outage?
Egypt is facing a severe electricity crisis, prompting efforts to enhance regional interconnection projects with neighboring countries to alleviate power outages and secure energy supplies.
Trump Threatens BRICS with Tariffs Over Dollar Dependency
President-elect Donald Trump has threatened BRICS nations with 100% tariffs if they move away from the US dollar, emphasizing the importance of maintaining the dollar's status as the world's reserve currency.
Protect Yourself from Rising Travel-Related Financial Scams
Travel-related fraud is on the rise, with scammers using advanced technology to exploit unsuspecting travelers. Experts advise vigilance and proactive measures to protect personal and financial information.
Russia Faces Economic Decline Amid War Pressures and Sanctions
Russia's economy is projected to enter a phase of decline as military spending pressures mount amid ongoing sanctions and the Ukraine conflict.
Trump Threatens 100% Tariffs on BRICS Nations Over Currency Plans
President-elect Donald Trump has threatened to impose 100% tariffs on BRICS nations if they create a new currency to challenge the US dollar's dominance.
Rising Prices of Chocolate, Coffee, and Medicines Amid Climate Change
Rising prices of chocolate, coffee, and medicines are impacting consumers as climate change and economic pressures lead to significant price hikes.
Rising Prices of Food and Pharmaceuticals Reflect Economic Challenges
The rising costs of food and pharmaceuticals are driven by climate change and economic factors, significantly impacting consumer behavior and public health.