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
2024/9/7
Sudan's Mining Sector Thrives: $2 Billion Chinese Investment Resumes Gold and Copper Production
Discover how Sudan's mining sector is revitalizing with a $2 billion investment from the Chinese Norinco Group, targeting gold and copper production amidst ongoing recovery efforts.
Fitch Ratings Boosts Turkey's Sovereign Rating to B+: A Sign of Economic Recovery
Fitch Ratings has upgraded Turkey's sovereign rating to B+, highlighting improvements in foreign exchange reserves and confidence in economic policies. Discover what this means for Turkey's financial future.
Sudan's Gold Mining Sector: A $7 Billion Opportunity Amidst Conflict and Health Risks
Discover how Sudan's gold mining sector is thriving amidst conflict, potentially generating $7 billion annually, while facing significant health and environmental challenges.
Qualcomm Eyes Strategic Acquisition of Intel's Design Division Amid Financial Turmoil
Qualcomm is considering acquiring parts of Intel's design division as Intel faces financial struggles. Learn more about the potential impacts on the chip industry and both companies' futures.
China's $50 Billion Commitment: Strengthening Economic Ties with Africa Amid Challenges
Explore how China's $50 billion commitment to Africa is reshaping diplomatic and economic ties, amidst challenges like debt traps and calls for sustainable investments.
Oil Prices Plummet 10% as Economic Fears Mount: What’s Next for Brent and WTI Crude?
Oil prices plummet 10% due to economic concerns, with Brent crude falling to $71.06. Discover the implications of OPEC+ decisions and U.S. job data on the market.
Russia Cuts Budget Deficit to $3.7 Billion Amid Economic Growth and Rising Oil Revenues
Discover how Russia has narrowed its budget deficit to $3.7 billion amid unexpected economic growth and rising oil revenues, providing insights into the impact of the Ukraine war on its finances.
Russia's Economic Outlook Brightens: GDP Growth Expected to Surge by 3.9% in 2024
Discover how Russia's economy is projected to grow by 3.9% in 2024, defying sanctions and inflation challenges. Learn about the optimistic forecasts and key economic indicators that highlight resilience in the face of adversity.