EU Approves Tariffs on Chinese Electric Cars Amidst Division
The EU has approved tariffs up to 36.3% on Chinese electric cars amid divisions among member states, with Germany opposing the measure while advocating for a negotiated solution with China.
Turkey's Oruc Reis Ship Begins Oil Exploration Mission in Somalia
The Turkish ship Oruc Reis is set to explore oil and gas resources off the coast of Somalia, following a memorandum of understanding signed between the two nations. The mission, expected to last seven months, will involve seismic research in three exploration fields.
Germany Opposes EU's Tariff Increase on Chinese Electric Cars Amid Trade War Fears
Germany's opposition to the EU's decision to impose significant tariffs on Chinese electric vehicles raises fears of a trade conflict, with major automakers urging for negotiations to avoid protectionist measures.
Governments Across the Globe Implement Reforms to Tackle Financial Shortfalls
Governments in France, Argentina, South Korea, and beyond are implementing reforms to address financial shortfalls in public services and health sectors, focusing on contributions, taxation, and compensation.
Middle East Conflict Escalates: Biden's Statements on Iranian Oil Facilities Impact Global Oil Prices
The conflict in the Middle East is escalating, with President Biden's statements about potential attacks on Iranian oil facilities affecting oil prices and raising concerns about a broader regional conflict.
Egypt's Bold Move to Mix Corn with Wheat in Bread Subsidy Program
Egypt is planning to mix corn flour with wheat to reduce bread subsidy costs, facing industry opposition but aiming for significant savings amid rising economic pressures.
Thieves Steal Hundreds of Thousands in Luxury Goods from Paris Louis Vuitton Store in Just 4 Minutes
EU Approves Tariffs on Chinese Electric Cars Amidst Division
Western Nations Continue to Import Russian Oil Despite Sanctions Loopholes
10 Essential Jobs That Will Remain Irreplaceable in the Age of AI
ABBYY Implements Mass Layoffs Amid Transformation Strategy, Sparking Russophobia Concerns
US Economy Surges with 143,000 Jobs Added in September, Surpassing Expectations
2024/7/4
EU Imposes Significant Tariffs on Chinese Electric Vehicles Amid Trade Tensions
The EU has imposed provisional tariffs ranging from 17.4% to 37.6% on Chinese electric vehicles, citing unfair subsidies. Ongoing negotiations aim to resolve the trade conflict, but the tariffs will take effect Friday.
Ayalon Routes Blocked Again: Major Infrastructure Work Disrupts Traffic
The Ayalon lanes will be blocked again this evening for infrastructure work, causing significant traffic disruptions. The Movement for the Quality of Government urges reconsideration of weekday work schedules.
EU Imposes Up to 38% Tariffs on Chinese Electric Cars Amid Subsidy Dispute
The EU has imposed new tariffs of up to 38% on Chinese electric cars, citing illegal subsidies by Beijing. This move follows an extensive investigation and aims to protect the European automobile industry. A final decision is expected by November.
Jewelry Store Heist in Nice: Over 100,000 Euros Stolen in Daylight Robbery
A jewelry store on Avenue de Verdun in Nice was robbed in broad daylight, with over 100,000 euros worth of jewelry stolen. The suspect, who posed as a police officer, fled on a scooter. An investigation is underway.
Argentina's Milei Government to Enforce Strict Deficit Control in 2025 to Combat Inflation
The Argentine government, led by Javier Milei, plans to enforce strict deficit control policies in 2025 to combat inflation and foster economic stability. Key measures include reducing state size, increasing defense spending, and modernizing public administration.