Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

The mid-year budget report released by the Saudi Ministry of Finance on Saturday showed that Saudi Arabia has lowered its economic growth forecast for this year and expects to run a budget deficit this year instead of the fiscal surplus expected at the beginning of the year. A report released by the Ministry of Finance … Read more

South Korea’s Opposition Leader Proposes Talks with President on People’s Livelihood

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

According to CCTV News, Lee Jae-myung, leader of South Korea’s largest opposition Democratic Party, once again proposed a one-on-one meeting with President Yoon Seok-yue on the 29th to discuss people’s livelihood and other topics. Li Zaiming issued the above proposal through social media on the same day. He wrote that he hoped Yin Xiyue could … Read more

Increasing Number of Illegal Immigrants Flood Lampedusa: Italy and EU Seek Solutions

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

On September 17, local time, European Commission President von der Leyen and Italian Prime Minister Meloni arrived at the island of Lampedusa in southern Italy and held a brief press conference. At the press conference, Meloni reiterated that although the current Italian government will take temporary measures such as extending the deportation deadline, the problem … Read more

California Government Files Lawsuit Against Major Oil Companies for Concealing Climate Change Risks

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

According to a Reuters report on the 16th local time, the California government in the United States sued five major oil companies on the 15th, accusing these companies of downplaying the climate change risks posed by fossil fuels, deceiving the public, and causing tens of billions of dollars in losses. It is reported that the … Read more

Hangzhou Asian Games Main Media Center Welcomes Media and Rights Holders

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

The move-in ceremony of the Hangzhou Asian Games Main Media Center was held in Hangzhou, Zhejiang. During the Hangzhou Asian Games, more than 10,000 media reporters from various Asian countries (regions) such as China, Malaysia, Singapore, Thailand, Japan, South Korea, and the Philippines will carry out event broadcast reports in the main media center to … Read more

Moutai Liquor Chocolate: Embracing the Z Generation and the End of +Moutai Peripheral Products

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

On the afternoon of September 16, the press conference of “Mao Xiaoling Liquor Chocolate”, a wine-filled chocolate product jointly launched by Moutai and Dove, was held in Xingyi City, Qianxinan Prefecture, Guizhou Province. Ding Xiongjun, Secretary of the Party Committee and Chairman of Moutai Group, mentioned at the press conference that day that as a … Read more

German and French Authorities Collaborate to Resolve iPhone 12 Radiation Issue

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

Germany’s telecom network regulator said on September 15 that it was in contact with French authorities to discuss a European-wide solution to Apple’s iPhone 12 radiation problem. Previously, Apple said it would release a software update for iPhone 12 users in France to resolve this issue. On September 12, the French radiation regulator ANFR asked … Read more

First Strike in U.S. History: Impact on Economy and Supply Chains as UAW Targets Three Major Automakers

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

When local time in the United States comes to an end on September 14, which is noon on Friday Beijing time, the labor agreement between the United Auto Workers (UAW) and the three major automakers General Motors, Ford, and Stellantis will officially expire. The war of words will enter the moment when it really starts … Read more

The End of the Fossil Fuel Era: IEA Predicts Peak Demand by 2030

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

The International Energy Agency (IEA) says the fossil fuel era has begun to come to an end. The IEA predicts for the first time that world demand for oil, natural gas and coal will peak before 2030. The latest forecasts from the International Energy Agency show that consumption of the three main fossil fuels will … Read more

Is Haikou Implementing the ‘Recognizing Houses but Not Recognizing Loans’ Policy? Official Response and Preparations Revealed

Saudi Arabia Revised Economic Forecast: Lowered Growth and Shifting from Surplus to Deficit

Recently, some local real estate companies, project developers or intermediaries in Haikou have stated on various social platforms in the form of “card posters” that “Haikou has implemented the policy of ‘recognizing houses but not accepting loans’.” The reporter verified from multiple authoritative channels that regarding the promotion of the implementation of “recognizing houses but … Read more