Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials
The won/dollar exchange rate's rise to 1,450 won and historic cocoa prices over $12,900 per tonne are driving significant increases in domestic prices and posing economic challenges.
Former Minister Christophe Castaner Joins Shein as CSR Advisor
Former French Minister Christophe Castaner has been appointed as an advisor to Shein, focusing on corporate social responsibility initiatives as the fast fashion giant seeks to improve its sustainability practices amidst increasing scrutiny.
Putin Proposes Expansion of Family Mortgage Program to Boost Housing Access
President Vladimir Putin has proposed expanding the family mortgage program in Russia to allow purchases on the secondary market, aiming to improve housing access for families with children.
China's Economy Faces Challenges Amidst New Stimulus Efforts
China's economy is projected to face significant challenges in 2025, with low consumer confidence and potential US tariffs threatening growth. The government is implementing new stimulus measures to boost domestic consumption.
USMCA Panel Rules Against Mexico in GM Corn Dispute
A USMCA panel ruled in favor of the United States in a dispute over Mexico's ban on genetically modified corn, requiring Mexico to reverse its restrictions within 45 days.
Trump Threatens EU with Tariffs Unless They Buy More US Gas and Oil
President-elect Donald Trump has warned the European Union that it must significantly increase its purchases of American gas and oil or face substantial tariffs on its products. This ultimatum comes as the EU prepares for potential trade escalations and seeks to deepen energy ties with the U.S.
CATL to Launch 1,000 Battery Replacement Centers in China
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Saudi Arabia Innovates Lithium Extraction from Oil Wells
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials
2024/7/15
Trump's Assassination Attempt Spurs Stock Market Rally, Bitcoin Surge
The assassination attempt on Donald Trump has led to significant market movements, with Wisesoft shares soaring and Bitcoin trading above $60,000. Learn how global markets are reacting.
China's Economic Growth Falters Amid Real Estate Crisis and Job Insecurity
China's economy grew slower than expected in the second quarter, with a real estate crisis and job insecurity hindering recovery. The modest growth raises the likelihood of more economic stimulus from Beijing.
Google Set to Acquire Israeli Cybersecurity Startup Wiz for $23 Billion
Alphabet, Google's parent company, is in advanced talks to acquire Israeli cybersecurity startup Wiz for $23 billion. This acquisition would be the largest in Google's history and aims to bolster its cloud computing capabilities.
Google Strengthens Cybersecurity with $23 Billion Acquisition of Wiz
Google is set to acquire Israeli cybersecurity startup Wiz for $23 billion, marking its largest acquisition ever. This move aims to enhance Google's cloud services and compete more effectively with Amazon and Microsoft.
Trump Assassination Attempt Spurs Bitcoin Surge and Boosts Election Prospects
Following an assassination attempt on Donald Trump, Bitcoin surged over 4% as his election prospects improved. Learn how this incident is influencing the crypto market and political landscape.
Google Targets Transformative Leap in Cloud Security with $23 Billion Wiz Acquisition
Google is in advanced talks to acquire Israeli cyber company Wiz for $23 billion, a move that could significantly boost its cloud security offerings and position it as a major player in the cloud market.