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Economy



Moroccan sardines: Spain reacts angrily to export ban to the EU and access granted to the Russian fleet

Spain’s fishing and canning sectors have voiced strong criticism following Morocco’s decision to suspend exports of frozen sardines to the European Union, while continuing to allow Russian fishing vessels access to its maritime waters. According to Spanish media and industry......

Silver surpasses $90 per ounce for the first time amid investor flight to safe havens

Silver has shattered records by climbing above $90 per ounce for the first time ever, while gold edged close to its all-time high as investors rushed into precious metals. This surge reflects mounting concerns over threats to the Federal Reserve's independence and escalating geopolitical tensions. The......

Japan warns of intervention as yen nears 160 per dollar

Japan's government ramped up warnings to currency traders on Wednesday as the yen weakened to its lowest level against the dollar in about 18 months, edging closer to the critical 160 threshold that previously prompted Tokyo to step into markets. Finance Minister Satsuki Katayama stated authorities......

European natural gas prices surge amid cold snap and dwindling stocks

European natural gas prices climbed above 32 euros per megawatt-hour on January 13, 2026, marking their highest level since early November 2025. This spike stemmed from a harsh cold wave, rapidly depleting storage levels, and lingering geopolitical tensions rattling energy markets. The benchmark Dutch......

CME reforms silver futures as metal hits record highs

Silver surged past $90 per ounce for the first time on January 13 and 14, capping a stunning rally that has lifted the white metal nearly 200% since January 2025 and outpaced gold in what analysts call a structural revaluation driven by supply shortages and booming industrial demand. Spot silver touched......

Russian oil tankers pile up at sea as India cuts imports

Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......

“Cities Without Slums” program benefits over 382,000 families in Morocco by end of 2025

More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program as of December 31, 2025, Secretary of State for Housing Adib Benbrahim announced on Monday during a session at the House of Representatives. Responding to questions about the program’s......

“Cities Without Slums” program reaches over 382,000 families by end of 2025

More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program by the end of December 2025, according to the Secretary of State in charge of Housing, Adib Benbrahim. Speaking before the House of Representatives in Rabat, Benbrahim said that 62 cities......

Copper prices surge on China stimulus and supply woes

Copper prices approached record levels on January 12, 2026, fueled by a weaker US dollar and anticipation of fresh Chinese policies to spur consumer spending. This industrial metal, vital for global electrification, saw three-month contracts on the London Metal Exchange climb 1.9% to $12,964 per metric......

Gold hits record $4,600 per ounce amid Fed probe and Iran unrest

Gold prices surged past $4,600 per ounce for the first time on Monday, driven by investors flocking to safe-haven assets. This milestone came as the U.S. Department of Justice launched a criminal investigation into Federal Reserve Chair Jerome Powell, coupled with escalating violence from protests across......

Bank Al-Maghrib withdraws several banknotes from circulation

Bank Al-Maghrib (BAM), Morocco’s central bank, has announced the withdrawal of several types of banknotes from circulation, effective from January 1, 2026. The decision affects bills that no longer hold legal tender status under Moroccan law. According to a statement issued by BAM, the measure......

Australia unveils $1.2 billion critical minerals stockpile to counter China

Australia's Finance Minister Jim Chalmers departed for Washington DC on Sunday to join finance leaders from major global economies in talks on securing critical minerals supply chains. The Albanese government simultaneously disclosed fresh details about its $1.2 billion strategic reserve, designed......

Defense stocks surge worldwide amid Trump's military policies

Defense stocks on both sides of the Atlantic have surged during the second week of January 2026, driven by President Donald Trump's aggressive foreign policy and expectations of sharply increased global military spending. This rally follows the Trump administration's military operation in Venezuela......

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