Israel's Poverty Rate Remains High, Ranking Second in OECD
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.
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.
US Federal Reserve Lowers Interest Rates by 0.25% Amid Economic Recovery
The US Federal Reserve has cut interest rates by 0.25% to support economic growth, despite rising inflation and mixed labor market signals.
Kiryat Shmona's Real Estate Market Stagnates Amid Uncertainty and Lack of Investment
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.
Iran's Currency Crisis: Political Pressures and Economic Strategies
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.
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.
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
2024/12/14
Isak Andic, Founder of Mango, Dies in Hiking Accident
Isak Andic, the founder of the fashion brand Mango, died in a hiking accident in Spain, leaving behind a significant legacy in the fashion industry.
Isak Andic, Founder of Mango Fashion House, Dies in Hiking Accident
Isak Andic, the founder of Mango fashion house, tragically died at 71 after falling from a cliff while hiking near Barcelona.
Repercussions of Syrian Crisis on Iraqi Economy: Insights and Future Prospects
Experts indicate that despite the Syrian crisis and the fall of Bashar al-Assad's regime, the Iraqi economy remains stable, supported by alternative markets and strategic stockpiles.
Rising NEET Rates Among Russian Youth: Challenges and Solutions
The NEET phenomenon is on the rise among Russian youth, with one in ten individuals under 24 neither studying nor working. This article explores the implications of this trend, the impact of remote work and distance learning on social skills, and potential solutions proposed by the State Duma.
Russia Proposes 13th Pension Payment to Enhance Elderly Support
A proposal to introduce a 13th pension payment for retirees in Russia is set to be submitted to the State Duma in 2025, aiming to improve the financial situation of the elderly.
France's Credit Rating Downgraded by Moody's: What It Means for the Economy
Moody's has downgraded France's credit rating from AA2 to AA3, raising concerns about the country's public finances and the new government's ability to manage its fiscal deficit.
Syrian Pound Rises Against Dollar Amid Political Transition
The Syrian pound has risen against the dollar following significant political changes, with expectations for economic recovery and a shift towards a market economy.
Egypt's New Social Support Law: A Step Forward or a Setback for the Poor?
Egypt is set to approve a new Social Security and Cash Support Bill aimed at restructuring its support system amid rising poverty, but concerns about its effectiveness and inclusivity persist.
Moody's Downgrades France's Credit Rating Amid Political Uncertainty
Moody's has downgraded France's credit rating to Aa3, citing concerns over weakening public finances and political fragmentation, coinciding with the appointment of new Prime Minister François Bayrou.
Elon Musk Faces SEC Ultimatum Over Twitter Purchase Settlement
Elon Musk has received an ultimatum from the SEC to settle charges related to his 2022 Twitter purchase, or face criminal charges. His lawyer claims the investigation is politically motivated.