World Daily News

The Economic Effects of Syrian Refugees Returning to Türkiye

The return of Syrian refugees to Türkiye following the fall of Bashar al-Assad's regime presents both opportunities and challenges for the Turkish economy, particularly in labor markets and investment sectors.

Business

Saudi Arabia Innovates Lithium Extraction from Oil Wells

2024-12-17T17:57:36.086Z

Saudi Arabia has successfully extracted lithium from oil well brine, aiming to launch a commercial pilot program to support the electric vehicle industry.

Business

Interest Rate for Home Savings Plans Drops to 1.75% in 2025

2024-12-18T13:28:02.354Z

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.

Business

Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services

2024-12-18T12:47:45.497Z

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.

Business

Flamanville EPR Reactor to Connect to Grid on December 20, 2024

2024-12-18T12:17:28.006Z

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.

Business

Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities

2024-12-18T14:07:25.529Z

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.

Business

AI-Powered Radar to Detect Drunk Drivers Tested in UK

2024-12-18T13:27:41.802Z

AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.

2024/12/18

Business

Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities

2024-12-18T14:07:25.529Z

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.

Business

Interest Rate for Home Savings Plans Drops to 1.75% in 2025

2024-12-18T13:28:02.354Z

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.

Business

AI-Powered Radar to Detect Drunk Drivers Tested in UK

2024-12-18T13:27:41.802Z

AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.

Business

Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services

2024-12-18T12:47:45.497Z

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.

Business

Flamanville EPR Reactor to Connect to Grid on December 20, 2024

2024-12-18T12:17:28.006Z

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.

Business

Ukraine's Strategy for Gas Transit After Russian Contract Expires

2024-12-18T10:37:39.184Z

As Ukraine prepares for the expiration of its gas transit contract with Russia, it is exploring alternative gas supplies, particularly from Azerbaijan, while emphasizing its commitment to EU energy security.

Business

UniCredit Boosts Stake in Commerzbank to 28% Amid Takeover Speculations

2024-12-18T10:07:47.198Z

UniCredit has increased its stake in Commerzbank to 28%, raising speculation about a potential takeover as the Italian bank aims for a 29.9% ownership.

Business

PEL Interest Rate Drops to 1.75% for 2025 Accounts

2024-12-18T09:48:53.567Z

The interest rate for Housing Savings Plans (PEL) opened in 2025 will decrease to 1.75%, significantly impacting savings strategies for potential homeowners.

Business

Terrorism Charges Filed Against Suspect in UnitedHealthcare CEO Murder

2024-12-18T09:47:51.901Z

Luigi Mangione has been indicted for the murder of UnitedHealthcare CEO Brian Thompson, with charges including terrorism due to the act's intent to intimidate and influence public policy.

Business

Renault Stock Rises as Honda Explores Merger with Nissan

2024-12-18T09:27:38.670Z

Renault's stock jumped over 6% following Honda's announcement of merger talks with Nissan, while Nissan shares were suspended on the Tokyo Stock Exchange amid the rumors.

Business

Morocco to License Cryptocurrencies Amid Economic Concerns

2024-12-18T08:47:21.362Z

Morocco is set to become one of the first countries to license cryptocurrencies, establishing a legal framework to regulate digital currency transactions while addressing economic concerns.

Business

Syrian Pound's Recovery Post-Assad Regime: A Historical Overview

2024-12-18T07:18:06.086Z

The Syrian pound has seen a significant decline since the civil war began in 2011, losing over 94% of its value. Following the recent collapse of Bashar al-Assad's regime, the currency is showing signs of recovery, with the exchange rate currently around 15,000 liras to the dollar.

Business

US Auto Industry Faces Turbulent Future Amid Trump Tariffs

2024-12-18T07:17:32.721Z

The U.S. auto industry is set to face significant challenges due to proposed tariffs from President-elect Donald Trump on imports from Canada and Mexico, affecting both domestic and foreign automakers reliant on North American supply chains.

Business

Honda and Nissan Explore Merger Talks to Compete in Electric Vehicle Market

2024-12-18T07:17:28.546Z

Honda and Nissan are entering merger talks to strengthen their position in the electric vehicle market, aiming to compete more effectively against Tesla and Chinese manufacturers.

Business

Impact of Syrian Refugees on German Economy: A Study

2024-12-18T07:17:20.319Z

A study reveals that the potential return of Syrian refugees could negatively impact the German economy, exacerbating labor shortages in key sectors.

Business

Health Insurance Contributions Set to Rise in 2025 in France and Germany

2024-12-18T05:57:44.200Z

Health insurance contributions in France and Germany are set to rise significantly in 2025, with mutual health insurance rates increasing by an average of 6% in France and statutory health insurance contributions in Germany expected to exceed planned increases, reflecting broader challenges in healthcare financing.