Economy
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......
Attijariwafa Bank has officially unveiled “Simple”, presented as the first neobank in Morocco, marking a new milestone in the country’s banking and digital transformation landscape. The launch event took place in Casablanca and highlighted the group’s ambition to modernize banking......
Portugal’s national airline TAP Air Portugal reported a significant improvement in its financial performance for the first quarter of 2026, with losses narrowing by 63% compared to the same period last year. The carrier posted a net loss of €39.9 million, supported by a rise in total revenue......
The relationship between U.S. President Donald Trump and newly appointed Federal Reserve Chair Kevin Warsh marks a significant shift in American economic policymaking, as the success or failure of the central bank is now more directly linked to the White House. Unlike previous Federal Reserve Chair......
Commercial maritime traffic carrying crude oil and liquefied natural gas has begun to move again through the Strait of Hormuz after months of severe disruption. The passage of several tankers marks the clearest sign yet of a partial recovery in one of the world’s most sensitive energy corridors......
France, Italy, Spain, the Netherlands and Lithuania have jointly called for stronger European Union action against China’s trade practices, intensifying pressure on Brussels to adopt tougher tools to protect European industry. The coordinated stance adds momentum to a broader policy shift under......
Bitcoin surged past the 78,000 dollar level in a sharp upward move that triggered one of the fastest short liquidations in recent weeks. Around 180 million dollars in short positions across crypto derivatives markets were wiped out within roughly 30 minutes, as traders betting on a price decline were......
Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals.......
The sharp rise in U.S. Treasury yields is becoming a growing challenge for Washington, increasing pressure on the government’s economic strategy and raising concerns across financial markets. Investors have recently pushed yields on the benchmark 10-year Treasury note above 4.5%, reflecting uncertainty......
U.S. President Donald Trump has repeatedly promoted the construction of a new White House ballroom, presenting it as a key legacy project, while critics accuse him of minimizing the economic difficulties faced by American households. Standing near the construction site in Washington, D.C., the president......
A sharp sell-off in the cryptocurrency market triggered widespread forced liquidations across leveraged positions as Bitcoin slipped toward the 75,000 dollar range. More than 124,000 traders saw their positions closed within 24 hours, with total liquidations reaching about 574 million dollars. The move......
Western carmakers are increasingly using factories in China as global export platforms, shipping electric and hybrid vehicles back to Europe and other international markets. The shift reflects a deeper integration between global automotive giants and China’s industrial base, even as European policymakers......
Morocco has strengthened its position in the global fresh tomato trade, maintaining its lead over Spain for a fourth consecutive year in export volumes and widening its advantage in value for a second year. The shift reflects a broader realignment in agricultural competitiveness between the two countries,......
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