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
2024/12/18
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.
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.
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.
Ukraine's Strategy for Gas Transit After Russian Contract Expires
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.
UniCredit Boosts Stake in Commerzbank to 28% Amid Takeover Speculations
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.
PEL Interest Rate Drops to 1.75% for 2025 Accounts
The interest rate for Housing Savings Plans (PEL) opened in 2025 will decrease to 1.75%, significantly impacting savings strategies for potential homeowners.
Terrorism Charges Filed Against Suspect in UnitedHealthcare CEO Murder
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.
Renault Stock Rises as Honda Explores Merger with Nissan
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.
Morocco to License Cryptocurrencies Amid Economic Concerns
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.
Syrian Pound's Recovery Post-Assad Regime: A Historical Overview
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.
US Auto Industry Faces Turbulent Future Amid Trump Tariffs
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.
Honda and Nissan Explore Merger Talks to Compete in Electric Vehicle Market
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.
Impact of Syrian Refugees on German Economy: A Study
A study reveals that the potential return of Syrian refugees could negatively impact the German economy, exacerbating labor shortages in key sectors.
Health Insurance Contributions Set to Rise in 2025 in France and Germany
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.