Saudi Arabia Innovates Lithium Extraction from Oil Wells
Saudi Arabia has successfully extracted lithium from oil well brine, aiming to launch a commercial pilot program to support the electric vehicle industry.
Interest Rate for Home Savings Plans Drops to 1.75% in 2025
The interest rate for home savings plans (PEL) will decrease to 1.75% starting January 1, 2025, marking the first reduction in over eight years.
Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services
The Central Bank of Syria has set the exchange rate of the lira at 15,000 to the dollar and resumed ATM operations, introducing electronic payment services to enhance banking stability.
Flamanville EPR Reactor to Connect to Grid on December 20, 2024
The Flamanville EPR reactor in France is set to connect to the electricity grid on December 20, 2024, marking a significant milestone in the country's nuclear energy revival.
Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities
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.
AI-Powered Radar to Detect Drunk Drivers Tested in UK
AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.
The Economic Effects of Syrian Refugees Returning to Türkiye
Challenges for Western Companies in China Amid Economic and Geopolitical Tensions
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Russia Announces 7.3% Pension Indexation for Working Pensioners in 2025
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Russia Allocates 18.4 Billion Rubles to Boost Domestic Auto Industry
2024/12/7
Data Theft Scandal Involving Paris Law Firm Intern and Journalist
A former intern at a Paris law firm has been indicted for data theft, while journalist Philippe Miller was briefly detained but released without charges.
Qatar Projects LNG Demand Surge Amid Global Energy Shifts
Qatar's Minister of Energy Affairs, Saad bin Sherida Al-Kaabi, forecasts a rise in liquefied natural gas demand as winter approaches, driven by European reliance on reserves and technological advancements. Qatar aims to increase its LNG production while adhering to environmental standards.
German Industrial Production Declines Amid Economic Uncertainty
Germany's industrial production fell by 1% in October, reflecting ongoing economic challenges, including layoffs and potential US tariffs, with predictions of further contraction in 2024.
Turkey's Per Capita Income Expected to Exceed $15,000 by Year-End
Turkey's Treasury Minister Mehmet Simsek projects the country's per capita GDP to exceed $15,000 by the end of 2024, highlighting significant economic improvements and a commitment to sustainable growth.
Decathlon Employees Strike Against Billion-Euro Dividend Payments
Decathlon employees are set to strike on December 7, 2024, protesting a billion-euro dividend payment to shareholders, demanding better compensation for workers.
Norway's Sovereign Wealth Fund Reaches Record $1.8 Trillion Value
Norway's sovereign wealth fund has achieved a record value of $1.8 trillion, doubling in size over five years due to oil and gas revenues and stock market gains. Established in 1996, the fund now holds 1.5% of all listed stocks worldwide, significantly impacting the global financial landscape.
Crédit Agricole Increases Stake in Banco BPM Amid UniCredit Bid
Crédit Agricole has raised its stake in Banco BPM to 15.1% amidst a hostile takeover bid by UniCredit, which Banco BPM has rejected.
BRICS Nations Not Seeking to Weaken Dollar, Says India's FM
Indian Foreign Minister Subrahmanyam Jaishankar stated at the Doha Forum that BRICS countries do not intend to weaken the US dollar, countering recent US political pressures. Reserve Bank of India Governor Shaktikanta Das confirmed no plans for a single BRICS currency, emphasizing India's strategy to promote the rupee in international trade.
China's Electric Car Manufacturers Target European Market Amid Challenges
Chinese electric vehicle manufacturers are intensifying their efforts to penetrate the European market, facing challenges such as high tariffs and regulatory hurdles while adopting diverse strategies to establish a foothold.
EU-Mercosur Trade Agreement Finalized Amid Controversy Over Agricultural Impact
Ursula von der Leyen finalizes a historic EU-Mercosur trade agreement, facing backlash from France and other EU states over agricultural concerns, while also cancelling her attendance at Notre-Dame's reopening.
Suspect in UnitedHealthcare CEO's Murder Believed to Have Fled New York
Police are searching for the suspect in the murder of UnitedHealthcare CEO Brian Thompson, who was shot outside a Manhattan hotel. Investigators believe the shooter fled New York shortly after the crime, using a Greyhound bus.