1,486,839 sold vehicles since the beginning of the year (+12.4%) Sales record for the eleventh consecutive month in 2014 (150,742 units, +13.0%) Strong growth in demand in the European markets C-Class Sedan and Estate post 53.3% sales growth Ola Källenius: „We have already topped the total sales of the previous […]
Mercedes AMG High Performance Powertrains was proud to welcome HRH The Duke of Kent to its state-of-the-art technology centre in Brixworth, Northamptonshire, on the morning of Wednesday 03 December 2014. The roots of Mercedes AMG High Performance Powertrains (HPP) stretch back to 1984 and, since 1995, the team in Brixworth has been responsible for the […]
Jewellery retailers across the Middle East are set to change the way they operate following the regional launch of a new technology device unveiled at Dubai International Jewellery Week. Introduced by Tagit RFID Solutions, a leading Radio Frequency Identification solutions company, the cloud-based Tagit Counter can track, monitor and provide crucial data on millions of […]
Event Nigeria devaluated its local currency by almost 10% and increased its benchmark interest rate for the first time in three years to a record 13% (up from 12%). Over the past three months, oil prices went down roughly with 30% due to rising US shale supply and weaker global demand (especially from China). The […]
Event Early November, the opposition managed to end the 27-year rule of President Compaore after four days of protests. Demonstrations were spurred by Compoare’s plan to introduce a constitutional amendment that would allow him to run for another Presidential term. Before demonstrators could celebrate their victory, a power struggle among army officials broke out and […]
Event On 24 November, negotiations between the P5+1 (the United States, United Kingdom, France, Russia, China and Germany) and Iran on the latter’s nuclear programme were extended for a second time. As no compromise was reached on Iran’s uranium enrichment capacity and the extent of international sanctions relief, the new deadline of 30 June 2015 […]
Event Last month, an IMF mission visited Egypt for an Article IV consultation (a visit by an IMF team to assess the country’s economic and financial developments and discuss its economic and financial policies). In its press release, the Fund acknowledged Egypt’s economic recovery (projecting a 3.8% growth in fiscal year 2014/15) and a growing […]
Event The disappearance of 43 students in the state of Guerrero on 26 September has continued to fuel public outrage about Mexico’s dire security situation. Widespread protests in Guerrero have led to the resignation of its governor and Mexico City has not been spared from turmoil either, indicating discontent with the federal government as well. […]
Event Early parliamentary elections took place on 5 October – two years ahead of schedule – leading, early November, to the appointment of the fifth cabinet in almost 2 years. The previous feeble coalition resigned after months of street protests, the strong defeat of the major ruling party, the Socialist party BSP, at the European […]
Event At the beginning of November, Azerbaijan shot down an Armenian military helicopter near the mined and heavy guarded line of contact around Nagorno-Karabakh. The Azeri military officer has been honoured for shooting down the helicopter. It is the first time an aircraft has been shot down in the zone since 1994. This incident comes […]
