2024-08-28T18:09:28.650Z
The authorities in eastern Libya have announced a complete halt to oil production and exports amid escalating political tensions over the Central Bank's control and oil revenues.
The closure of oil fields, particularly the Sarir field, has significantly reduced production, raising concerns for Libya’s economy and the global oil market.
The upcoming ban on Crit'Air 3 vehicles in Greater Paris raises concerns among local SMEs, while an Afghan journalist's exclusion from a ministerial visit highlights issues of discrimination and press freedom.
Turkey is advancing plans to establish a regional gas trading hub in Istanbul by 2025, collaborating with Russia to enhance its role in the global energy market.
Standard & Poor's forecasts that Israel's economy will not improve before 2026, citing ongoing military conflicts and a rising budget deficit.
Catherine Mann of the Bank of England warns that Donald Trump's election could lead to increased inflation and trade war risks, impacting the UK and European economies.
The US dollar has strengthened significantly following Donald Trump's election victory, while Bitcoin has reached new heights, driven by promises of favorable cryptocurrency regulations.
The European Union has fined Meta Platforms $840 million for linking Facebook Marketplace to its social network, violating competition rules.
