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.
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.
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.
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.
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.
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
2024/12/16
Banque de France Lowers 2025 Growth Forecast Amid Economic Uncertainties
The Banque de France has lowered its GDP growth forecast for 2025 to 0.9%, citing increased uncertainties in the national and international landscape. The unemployment rate is expected to peak at 7.8%, while inflation projections indicate a gradual decline.
Syria's Central Bank Holds 26 Tons of Gold Amid Economic Decline
The Central Bank of Syria maintains 26 tons of gold reserves, unchanged since 2011, while foreign currency reserves have plummeted to $200 million.
Syrian Pound Shows Signs of Recovery Amid Economic Transition
The Syrian pound is experiencing a rise in value following the fall of Bashar al-Assad's regime, with experts highlighting the need for stability in the currency as the country transitions to a new economic landscape.
Scholz Unveils Infrastructure Investment Plans Amid Economic Challenges
Chancellor Olaf Scholz has announced plans for significant infrastructure investments in Germany to boost economic growth, amidst political challenges and opposition.
Trump Announces SoftBank's $100 Billion Investment in U.S. Economy
President-elect Donald Trump announced that SoftBank will invest $100 billion in the U.S., creating 100,000 jobs.
Trump Announces $100 Billion SoftBank Investment in U.S. Economy
Donald Trump has announced a historic $100 billion investment by SoftBank in the United States, expected to create 100,000 jobs over the next four years.
Mango Founder Isaac Indyk Dies in Hiking Accident at 71
Isaac Indyk, founder of Mango, died at 71 after falling into a ravine while hiking near Barcelona.
Top Christmas Gift Ideas and Discounts for 2024
Explore the best Christmas gift ideas and discounts for 2024, featuring tech gadgets, jewelry, and more.
Bitcoin Hits New High Above $106K Amid Strategic Reserve Plans
Bitcoin surged to a new all-time high of over $106,000, driven by optimism regarding MicroStrategy's inclusion in the Nasdaq 100 and plans for a U.S. strategic reserve for the cryptocurrency.
Russia to Offer 235,000 Work Permits for Foreign Workers in 2025
In 2025, Russia will allocate 235,000 work permits for foreign specialists, with salaries reaching up to 380,000 rubles per month, amid a growing demand for skilled labor.
Air Traffic Controller Strike Causes Flight Cancellations in France
A strike by air traffic controllers will lead to flight cancellations and delays at several airports in France on December 17, affecting travelers heading to Montpellier, Nîmes, and Perpignan.
Syrian Pound Recovers Unexpectedly After Assad's Overthrow
The Syrian pound has unexpectedly strengthened against the dollar following the overthrow of President Bashar al-Assad, with significant exchange rate improvements observed in Idlib and Damascus.
Algeria and Mauritania Strengthen Economic and Security Ties
Algeria and Mauritania are enhancing their economic and security cooperation, marked by significant trade growth and collaborative efforts to address regional security challenges.
What Investors Should Watch for in 2025: Insights from Financial Experts
Financial experts predict a dynamic investment landscape for 2025, influenced by Trump's policies, potential inflation, and opportunities in undervalued markets.
Tunisian General Labor Union Faces Internal Crisis Threatening Workers' Rights
The Tunisian General Labor Union is experiencing a significant internal crisis that threatens its role in defending workers' rights and democracy, stemming from leadership disputes and political tensions.
Türkiye and Syria: Expectations of a New Boom in Trade and Investment
Turkish exporters are optimistic about a trade boom with Syria following recent political changes, with expectations for significant economic growth and cooperation.