Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.
Trump vs. Harris: Economic Implications for the U.S. and Germany
As the U.S. election approaches, the volatile stock of Trump Media reflects the political stakes, while experts warn of significant economic repercussions for Germany if Trump wins.
Russia to Increase Maternity Capital and Social Benefits in 2025
Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.
Impact of US Elections on Israeli Economy: Trump vs. Harris
The upcoming US elections are set to influence the Israeli economy significantly, with candidates Trump and Harris proposing contrasting economic policies that could reshape international trade and investment.
French MPs Reject Soda Tax Reform Amid Political Tensions
On November 4, 2024, French MPs rejected a proposed reform of the soda tax aimed at reducing sugar consumption, despite government support. The decision reflects ongoing political tensions regarding health policies as opposition parties accuse the government of obstruction during budget reviews.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
2024/9/21
Swiss Watch Exports Plummet: Industry Faces Decline Amid Market Pressures
Swiss watch exports fell to 1.2 million units in August, facing significant challenges in key markets like China and Hong Kong. Despite a rise in total export value, the industry struggles with declining demand and pressure on pricing. Government support and strategic adjustments are critical for recovery.
Brazil Set to Join China's Belt and Road Initiative Amid Declining Investments
Brazil is preparing to join China's Belt and Road Initiative, with President Xi Jinping expected to announce the accession in November. Despite a decline in Chinese investments, the partnership promises significant economic benefits and may impact Brazil's relations with the United States.
Ethiopia's Currency Crisis: Birr Devalued by 30% Amid Economic Struggles
Ethiopia faces economic challenges as the birr is devalued by 30%, leading to soaring prices and inflation. Despite short-term pain, experts believe reforms may benefit the economy in the long run.
Iraq's Central Bank Takes Bold Steps to Strengthen Economy and Financial Systems
The Central Bank of Iraq is implementing key strategies to enhance economic stability, reduce reliance on the US dollar, and promote digital banking, aiming for a resilient financial future.
SNCF's Regional Express Transport Struggles with Quality Amid Surge in Passengers
In 2023, SNCF's Regional Express Transport (TER) experienced a significant rise in passengers but continues to struggle with service quality, facing increasing delays and cancellations, according to a new report from the Court of Auditors.
Saudi Arabia Commits $5 Billion to Boost Egypt's Economic Recovery Amid Strategic Asset Sales
Saudi Arabia pledges $5 billion to Egypt as the nation seeks to recover from an economic crisis, alongside plans for significant asset sales and international bond issuance.
Economic Divide: Why Europe Struggles to Compete with the U.S.
Explore the widening economic gap between Europe and the United States, as detailed in a Financial Times analysis. Discover the challenges Europe faces in catching up with U.S. growth, including demographic shifts, social welfare expectations, and technological advancements.
Volkswagen Plans Major Job Cuts: Up to 30,000 Positions at Risk Amid Cost-Saving Measures
Volkswagen is set to cut up to 30,000 jobs in Germany as part of a significant austerity program aimed at saving five billion euros. The company's future investment plans and operational strategies are under review, with several plants at risk of closure.
Mercedes-Benz Shares Plunge 8.4% as Chinese Demand Declines and Electric Sales Struggle
Mercedes-Benz shares fell 8.4% due to declining demand in China, prompting a profit forecast cut. The luxury automaker faces challenges in electric vehicle sales amid stricter EU emissions rules.
Algeria's Marjan Chocolate Faces Ban in France Amidst Growing Demand
Algeria's Marjan Chocolate faces a controversial ban in France despite its growing popularity, raising questions about economic interests and safety standards in the European market.
Beware of Real Estate Investment Schemes: Expert Advice on Avoiding Financial Pitfalls
Learn how to identify and avoid dangerous real estate investment schemes that promise high returns with little risk. Expert advice on protecting your finances and reporting fraud.