Governor of the Bank of Israel Amir Yaron affirmed that the nation’s economy was robust and would bounce back from the effects of the conflict, but he also urged the government to resolve concerns brought up by Moody’s, which had… Read More ›
Day: February 12, 2024
Mideast Growth May Decelerate In 2024 Due To Cuts On Oil Production And Gaza Conflict – IMF’s Georgieva
The Israel-Gaza conflict and reduced oil production were to blame for the Middle East economies’ underperformance, according to the International Monetary Fund, even though the forecast for the world economy remained optimistic. “The global economy has been surprisingly resilient,” IMF… Read More ›
Cisco Will Shed Thousands Of Workers, As It Looks To Concentrate On Areas Of High Growth Potential
According to three people familiar with the situation, network giant Cisco plans to restructure its operations in order to concentrate on high-growth areas. This reorganisation will involve the layoff of thousands of employees. As of fiscal 2023, the San Jose,… Read More ›
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