BIS Withdrawal from mBridge Project: Implications for Putin's Economic Strategies
The BIS's withdrawal from the mBridge project raises questions about the future of cross-border payments and highlights Putin's ambitions for alternative financial systems in response to US sanctions.
US Job Growth Stalls Amid Hurricane and Strikes Before Election
The US labor market shows signs of weakness with only 12,000 new jobs added in October, influenced by Hurricane Milton and strikes, raising concerns ahead of the presidential election.
Buffett Cuts Apple Stake as Berkshire Hathaway Reports Record Cash Reserves
Warren Buffett's Berkshire Hathaway has reduced its stake in Apple by 25%, reporting a record cash reserve of $325.2 billion amid market challenges.
Russia to Nearly Double Sick Leave Payments by 2027 Amid Economic Changes
The Russian government plans to nearly double the maximum sick leave payments over the next three years, reflecting a commitment to improve social protection amid rising living costs. Additionally, child care and maternity benefits will also see significant increases.
Egypt and Turkey Experience Credit Rating Upgrades Amid Economic Challenges
Fitch Ratings has upgraded Egypt's credit rating to B, while Standard & Poor's has raised Turkey's rating to BB-. Both nations face significant economic challenges but show signs of recovery.
Volkswagen's Factory Closures Signal Deepening Crisis in Germany's Manufacturing Sector
Volkswagen's decision to close factories and lay off thousands of employees underscores a deepening crisis in Germany's manufacturing sector, as the government struggles to respond effectively.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Unbeatable LIDL Offers: Tefal and Philips Hot Air Fryers at Huge Discounts
French Court Allows Israeli Companies to Participate in Euronaval 2024
Moody's Maintains France's Debt Rating but Downgrades Outlook to Negative
E. Coli Outbreak Linked to McDonald's Onions Affects 90 in the U.S.
Starbucks and Americana Restaurants Report Declines Amid Boycott Campaigns
2024/9/17
Charente Winegrowers Rally Against Looming Chinese Tax Threats to Cognac
Charente winegrowers mobilize against potential 34.8% tax from China, fearing devastating impacts on exports and jobs. Trade tensions escalate as cognac industry faces significant challenges.
Île-de-France Mobilités Unveils Revolutionary Public Transport Fare Reform for 2025
Île-de-France Mobilités announces a groundbreaking fare reform set to simplify pricing across the Paris region, making public transport more accessible and affordable for millions starting January 1, 2025.
Russia Advances Pipeline Project in Congo to Boost Energy Ties with Africa
Russia has announced plans for a fuel pipeline connecting Pointe-Noire to Brazzaville in Congo, marking a strategic move to enhance energy cooperation with African nations amid shifting global relations.
Israeli Financial Markets Decline as Political Turmoil Mounts Over Defense Minister's Dismissal
Discover how the potential dismissal of Israel's Defense Minister Yoav Galant is impacting financial markets, leading to declines in the shekel and the Tel Aviv Stock Exchange amid rising political uncertainties.
French Ministry Bans Popular Algerian 'Marjan' Chocolate Spread Over Safety Issues
The French Ministry of Agriculture has banned the popular Algerian chocolate spread 'Marjan' due to safety compliance issues, sparking an investigation into its presence in the market. Discover the implications for Algerian exports and the chocolate industry.
Hurricane Francine Disrupts Oil Production as U.S. Awaits Interest Rate Cut
Oil prices have surged due to Hurricane Francine's impact on U.S. production, as markets anticipate a Federal Reserve interest rate cut that could boost demand for oil. Discover how these factors are shaping the energy sector.
US Dollar Plummets Near One-Year Low as Gold Prices Soar Ahead of Fed's Interest Rate Decision
The US dollar is nearing a one-year low as gold prices stabilize near an all-time high, driven by expectations of a significant interest rate cut by the Federal Reserve. With the Fed's decision imminent, market analysts predict further declines for the dollar against major currencies.
Egypt's New Tax Strategy Aims to Strengthen Revenue and Business Relations
The Egyptian government unveils a new tax strategy to enhance revenues and improve relations with the business community, addressing key issues such as tax evasion and compliance in alignment with IMF recommendations.
Israeli Housing Prices Surge Despite Record Supply: What’s Driving the Market Discrepancy?
Explore the surprising rise in Israeli housing prices amidst a record supply of unsold homes, driven by the ongoing conflict and changing buyer preferences.
Air France Tests Paid Catering: A New Era in In-Flight Dining Begins in 2025
Air France announces plans to test a paid catering model called 'Buy on Board' starting January 2025, affecting select routes. Discover how this shift aligns with industry trends and what it means for passengers.
China's Economic Crisis: Local Governments Turn to Privatization to Raise Revenues
In response to declining revenues, Chinese local governments are privatizing state-owned assets, raising concerns about transparency and effectiveness in tackling the country's economic challenges.
Discover the Top 10 Asian Startups Securing Millions in Global Investments
Explore the top 10 Asian startups attracting millions in global investments, showcasing innovation in technology, biotechnology, and more.
Transforming Urban Transport: The Cable 1 Project Set to Revolutionize Commuting in Île-de-France by 2025
Discover the Cable 1 project in Île-de-France, an innovative urban cable car line set to connect Créteil to Villeneuve-Saint-Georges by 2025, transforming local commuting with a travel time of just 18 minutes.
Amazon CEO Andy Jassy Declares End of Remote Work Era: Employees to Return Full-Time by January 2025
Amazon CEO Andy Jassy announces a full return to in-office work for administrative employees starting January 2025, marking the end of extensive remote work policies. This move aims to strengthen company culture and enhance collaboration among teams.