Algeria Set to Review Two-Decade Partnership Agreement with the European Union
2024-10-15T16:01:58.668Z
2024-10-15T16:01:58.668Z
The Italian industrial sector is facing significant challenges due to a decline in exports to Germany, its largest customer, as the German economy stagnates and job creation slows.
European Economic Commissioner Paolo Gentiloni has stated that Germany and Italy are the EU countries most vulnerable to the potential US tariffs proposed by President-elect Donald Trump, which could have significant repercussions for both economies.
Consumer prices are experiencing contrasting trends in Israel and France, with Israel's CPI rising by 0.5% in October 2024, indicating ongoing inflation, while France sees a year-on-year decline of 0.7% in consumer goods prices.
Elon Musk's new initiative, the Department of Government Efficiency, seeks unpaid workers with high IQs willing to work 80 hours a week to reduce federal spending.
Gold prices are experiencing their worst weekly performance in over three years, driven by a strengthening U.S. dollar and rising Treasury yields, which reduce the metal's investment appeal.
Germany's new business formation rates have declined by 0.9% in 2024 due to economic uncertainty, with significant impacts on small businesses and rising corporate bankruptcies.