Browsing Tag

economy

Syrian Leader Pledges Economic Revival

Sep 15, 2026

Speaking at the Arab Media Summit in the UAE, Syrian President Ahmed al-Shara outlined an ambitious roadmap for his country's ongoing political and economic transformation. Emphasizing a definitive break from 60 years of corruption and…

WORLD

Trump Announces New Trade Policy with High Tariffs

Apr 3, 2025

US President Donald Trump unveiled a new economic doctrine, imposing a 25% tariff on foreign-made automobiles and additional tariffs on various countries, including China (34%), the EU (20%), and Japan (24%). Calling past trade policies…

ECONOMY

Mercedes-Benz’s Net Profit Decreased by 28 Percent in 2024

Feb 20, 2025

German automotive giant Mercedes-Benz announced that its net profit for 2024 fell by 28 percent compared to the previous year, falling to 10.4 billion euros due to decreased demand in the Chinese market. The German company stated that it…

WORLD

Afghanistan Marks Three Years Under Taliban Rule Amid Economic Hardship

Aug 16, 2024

Afghanistan marks three years under Taliban rule, with leaders celebrating the "conquest" of the country and claiming improved security and stability. Despite these claims, many Afghans continue to face economic hardships and…

WORLD

Farmer Protesters Flock to Economy Minister’s Ferry

Jan 5, 2024

More than 100 German farmers, who are against the coalition government's plan to reduce agricultural subsidies, gathered last night at the pier in Schluettsiel, where the ferry with Deputy Prime Minister and Minister of Economy Robert…

STORIES

Sudan’s Gold Exports Plummet as War Takes a Toll on Economy

Oct 2, 2023

The war in Sudan has dealt a devastating blow to the gold production sector, which had been a cornerstone of the country's revenue generation in hard currency. As a result, Sudan, once reliant on gold as a primary source of…

WORLD

Anti-government protest in Kenya: 24 detained

Mar 20, 2023

In Kenya, which has been experiencing a record drought for the past few months, people gathered around the government buildings in the capital city of Nairobi to protest against the government's policies. They were demanding that the…

TÜRKİYE

Türkiye records 3.67 billion USD current account deficit in november

Jan 12, 2023

Türkiye recorded a current account deficit of 3.67 billion U.S. dollars in November last year, according to data released by the Turkish central bank on Wednesday. The country's 12-month rolling deficit, which ended in November last year,…

WORLD

Tunisia’s economy to grow by 1.8 percent in 2023, minister says

Dec 29, 2022

Tunisia's inflation rate is expected to reach 10.5 percent in 2023, up from 8.3 percent in 2022, according to Minister of Economy and Planning Samir Saied at a press conference to present the country's finance law for 2023. "The year…

WORLD

Sri Lanka PM says economy has collapsed

Jun 22, 2022

Sri Lanka is experiencing the worst economic crisis in its history. Sri Lankan Prime Minister Ranil Wickremesinghe, in his speech in the parliament, said, "Now we are facing a much more serious situation beyond just fuel, gas, electricity…

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