Climate entered the stage of shipping between Algeria and France during the last period against the background of a number of controversial issues, the most serious of which appeared in October 2021 after Macron questioned the existence of an “Algerian nation” before French colonialism, and accused the Algerian regime of …
Read More »The Biden administration is considering a “security review” of Elon Musk’s projects
Bloomberg Agency said Thursday, citing sources, that officials in the administration of US President Joe Biden are discussing whether the United States should subject some projects of Tesla CEO Elon Musk to national security reviews. Bloomberg added that the projects include Musk’s deal to buy The social networking platform Twitter …
Read More »5 new Chinese factories join the list of “global industrial beacons”
The World Economic Forum announced that 11 new factories have joined its global list of “industrial lighthouses”, including 5 factories located in China. They are Catel Factory in Ibin, Haier Factory in Qingdao, Midea Factory in Shunde, Sany Factory in Changsha and Western Digital Factory in Shanghai. The Chinese People’s …
Read More »For the first time in 32 years, the Japanese yen crosses the 150 barrier against the dollar
The Japanese currency continued its decline against the dollar and fell to 150 yen against the US currency for the first time since 1990, raising speculation about a possible new intervention from Japan to support the yen. At about 07:40 GMT, the dollar was equal to 149.92 yen after briefly …
Read More »The dollar rises with bond yields, and the sterling is falling due to inflation
The dollar rebounded from a two-week low on Wednesday as 10-year Treasury yields rose to a 14-year high, while sterling fell after more-than-expected consumer price inflation in Britain heightened fears of a deepening recession. The dollar reached its highest level in 32 years against the Japanese yen, approaching the 150 …
Read More »Apple announces the launch date of the new “iPad Pro” in stores
Apple announced the new iPad Pro with the M2 chip, offering the perfect combination of portability, versatility, and unprecedented performance, available in stores Wednesday, October 26. The new iPad Pro features a new level of Apple Pencil hover experience, ultra-fast wireless connectivity, the world’s most advanced portable screen, advanced Pro …
Read More »The election of the first president of the Indian Congress from outside the “Gandhi family”
India’s largest opposition party Congress on Wednesday elected a non-Gandhi president for the first time in 24 years in a bid to reverse its slow decline, local media reported. The same sources said that party members elected the 80-year-old ex-minister Malikargon Khariji as their party’s leader to succeed Sonia Gandhi. …
Read More »Chinese car companies invade the European market with luxury cars
The low-cost vehicles were absent, and the medium or even high-quality ones equipped with advanced technologies were overshadowed by the products unveiled by the Chinese car manufacturers, who are strongly present at the Mondial de Lottomobile World Fair in Paris, aiming to conquer the European market, which has become more …
Read More »Tens of thousands demonstrate in France for wage hikes
Tens of thousands demonstrated in France to demand higher wages in the face of inflation and for forcing striking workers at refineries and fuel depots to work. According to the Ministry of Interior, 107,000 people demonstrated across the country, while the General Labor Union, which organized this “mobilization and strike” …
Read More »Oil falls under pressure from increased US supply and lower Chinese demand
Oil prices settled lower, on Tuesday, amid fears of an increase in US supply coupled with an economic slowdown and a decline in Chinese demand for fuel. Brent crude futures fell $1.59, or 1.7 percent, when settling at $90.03 a barrel, while US West Texas Intermediate crude fell $2.64, or …
Read More »