Archives Economics - Page 19 of 24 - New Eastern Outlook

Minutes after the news that Ali Bongo Ondimba had once again won the presidential election in the Gabonese capital, Libreville, on 30 August this year, a group of military officers announced onGabon 24 television channel that he had been removed from power, the results of the election annulled, the Government dissolved, the borders closed and a Committee for the Transition and Restoration of State Authority established. The committee, which was headed by the Commander of the Republican Guard, General Brice Oligui Nguema, comprised members of the regular army, the Republican Guard and other security forces…

The aftermath of Hamas’s Operation Al-Aqsa Flood on 7 October has left Israeli companies devastated as settlers face an unfamiliar situation, unprecedented in the absence of government financial injections and aid for them. More than a month into the Hamas operation, the war in Gaza has had a devastating effect on Israeli business activity, with hundreds of companies on the verge of bankruptcy. Economists and financiers estimate that the initial cost of the Gaza war to Tel Aviv is $51 billion, or about 10 per cent of Israel’s GDP. Israel’s Labour Ministry reports that some 765,000 Israelis…

Mongolia hosted official activities held by the Mongolian government as part of the “Mongolia Transport Week 2023” in early November 2023. Participating in the “week” were the nation’s prime minister, the Speaker of the State Great Khural, the Minister and Vice Minister of Road and Transport Development, representatives of major foreign and Mongolian corporations, the Civil Aviation Authority of Mongolia…