European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis
The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.
Controlling Inflation in Post-Conflict Syria: Strategies and Challenges
Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.
Syria Sets New Fuel Prices Amid Economic Challenges
The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.
Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move
The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.
Syria's New Administration Cancels Fees to Boost Economy
The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.
Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina
Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.
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
Lawyer Warns of SNILS Misuse in Fraudulent Activities
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
2024/9/23
European Industry Plummets: Recession Deepens as Economic Growth Slows
European industry faces severe challenges as the PMI falls to a historic low, signaling ongoing recession and economic stagnation. High energy prices and tough ECB policies contribute to declining competitiveness and job cuts across the region.
New Organic Vineyard Launches in Belle-Île-en-Mer as Alba White Truffle Fair Adjusts Season
Explore the launch of an organic vineyard in Belle-Île-en-Mer and the adjusted season for the Alba White Truffle Fair, highlighting sustainability and local economic growth.
RER B Strike: Major Disruptions Expected for Commuters on September 25
RER B strike on September 25 causes major disruptions, with only 2 out of 3 trains running. Commuters urged to plan ahead.
UniCredit Boosts Stake in Commerzbank to 21%: A Bold Strategy for Growth
UniCredit has increased its stake in Commerzbank to 21%, seeking ECB approval to raise it further to 29.9%. This strategic move positions UniCredit as the largest shareholder, surpassing the German state, amid ongoing discussions about the future of Commerzbank's independence.
Israeli Finance Minister Unveils Strategic Economic Reforms Amid Budget Crisis
Israeli Finance Minister Bezalel Smotrich proposes significant economic reforms, including privatization of Ashdod Port and measures to control defense spending, as the country faces a growing budget deficit amid ongoing conflicts.
France's Food Waste Crisis: Each Person Discards 25 Kilos Annually, Says Too Good To Go
Discover the alarming statistics on food waste in France, where each person discards 25 kilos of edible food annually, according to Too Good To Go. Learn about the environmental impact and financial burden of this waste.
China's Steel Industry Faces Bankruptcy Wave Amid Mergers and Economic Struggles
China's steel industry is on the brink of a crisis, with 75% of companies reporting losses. A wave of bankruptcies and mergers is expected as the government aims for market consolidation by 2025, despite challenges from a slowing economy and international trade backlash.
Bitcoin Hits One-Month High as Federal Reserve Rate Cuts Boost Market Sentiment
Bitcoin reaches a one-month high of $63,954 following a Federal Reserve interest rate cut, while Ether also climbs. The yen declines as the dollar strengthens amidst changing market dynamics.
Gold Prices Hit New Highs at $2,629 Amid US Rate Cuts and Middle East Tensions
Gold prices surged to a historic high of $2,629.2 per ounce due to US interest rate cuts and escalating tensions in the Middle East, while other precious metals faced declines.
Urgent Need for Educational Reform to Combat High Graduate Unemployment in the Arab World
High unemployment rates among graduates in the Arab world highlight the urgent need for educational reform. Discover how mismatched skills and outdated majors contribute to this crisis and what steps can be taken to improve job prospects for youth.
China's Electric Vehicle Market Thrives Amid U.S. Tariff Threats: Key Insights
Explore how China's electric vehicle market is thriving despite U.S. tariff threats, revealing key insights into the global automotive landscape and future challenges.