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.
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.
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.
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.
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.
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.
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
2024/12/15
Fire at Zawiya Oil Refinery Sparks Outrage and Safety Concerns in Libya
A fire at the Zawiya oil refinery in Libya, caused by armed clashes, has raised safety concerns and public outrage over militia violence.
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Tunisia faces significant political and economic challenges in its pursuit of renewable energy, particularly solar power, as it aims to increase its renewable energy share to 35% by 2030 amidst climate change impacts and economic crises.
4 Reasons to Think Twice Before Investing in Cryptocurrencies
An opinion piece highlights key reasons to avoid investing in cryptocurrencies, including limited returns, market volatility, complexity, and ethical concerns.
Google's Controversial Military Summit with Israeli Army Raises Ethical Concerns
Google's ties with the Israeli military have come under scrutiny following revelations of a planned technology summit aimed at supporting the IDF, amid ongoing protests and ethical concerns.
London Stock Exchange Faces Record Exodus of Companies in 2024
The London Stock Exchange is experiencing its largest exodus of companies since 2009, with 88 firms delisting or relocating to the US in 2024, raising concerns about its future as a global financial hub.
Mango Founder Isak Andic Dies in Hiking Accident at 71
Isak Andic, the founder of the fashion brand Mango, died in a hiking accident in Spain, falling from a 150-meter cliff.
Sony Reaches Market High, Transforming into Entertainment Powerhouse
Sony's market capitalization has soared to levels not seen since the Walkman era, driven by a strategic pivot towards entertainment, with its gaming and media divisions now accounting for the majority of its revenue.
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Libya's National Oil Corporation has declared force majeure at the Zawiya refinery due to damage from ongoing armed clashes, impacting oil production and revenue distribution.
Iranian Rial Hits Record Low Amid Trump Tensions and Assad's Fall
The Iranian rial has reached a record low against the dollar due to fears surrounding Donald Trump's return to power and the fall of Bashar al-Assad, exacerbating economic instability in Iran.
Lawyer Warns of SNILS Misuse in Fraudulent Activities
Lawyer Rusyaev warns about the potential misuse of SNILS numbers by fraudsters, highlighting risks and protective measures.
Russia's Inflation Crisis: Economic Challenges Ahead
Russia's inflation has risen to 8.9% as of November, prompting concerns about a potential economic crisis exacerbated by high interest rates and increased defense spending.
Mango Founder Isak Andic Dies in Hiking Accident
Isak Andic, the founder of Mango, died in a hiking accident in Catalonia, Spain, leaving behind a significant legacy in the fashion industry.