Economy
Business confidence in Germany strengthened more than economists had anticipated in July, signaling a gradual improvement in corporate sentiment despite continued geopolitical uncertainty and broader global economic challenges. Fresh data released by the Ifo Institute showed that its closely watched......
Oil prices fell sharply in Asian trading on Monday, dropping by more than 5% as investors reacted positively to the absence of new US strikes against Iran and renewed hopes that diplomatic talks could help ease tensions between Washington and Tehran. After around 30 minutes of trading, Brent crude,......
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has begun a two-day visit to Argentina, underscoring the institution's continued backing for President Javier Milei and his ambitious economic reform agenda. The trip highlights the close relationship between the......
Two decades ago, Morocco relied heavily on imported energy resources to meet domestic demands. Today, under the visionary leadership of King Mohammed Sixth, the Kingdom has transformed into a leading African powerhouse in renewable energy, cross-border electrical interconnections, and strategic international......
Morocco has continued to strengthen its standing as a prominent regional power, leveraging a long-term strategic vision centered on political stability, advanced infrastructure development, foreign investment attraction, and international openness. Over the past two decades, the Kingdom's economic......
Indonesian President Prabowo Subianto has seen a significant decline in public support, with his approval rating falling to 51.1% in July 2026, according to a new survey that highlights growing concerns over economic conditions and governance. The poll conducted by Saiful Mujani Research and Consulting......
Brazilian President Luiz Inácio Lula da Silva has criticized new US tariffs imposed on Brazilian goods, describing the measures as unfair and warning that they could damage bilateral relations between the two countries. In an opinion article published by The Washington Post on Sunday, Lula argued......
India's government does not currently plan to revise its federal budget despite mounting concerns over inflationary pressures linked to unpredictable weather patterns and rising global energy costs, Finance Minister Nirmala Sitharaman has said. Speaking on Sunday, Sitharaman emphasized that the......
A potentially severe El Niño weather event could cause economic losses of between $10 billion and $20 billion across affected African countries and intensify migration pressures, according to the climate chief of the African Development Bank (AfDB). Speaking to Reuters, the bank’s top climate......
The average lending rate applied by Moroccan banks declined to 4.66% in the first quarter of 2026, reflecting an easing trend in credit conditions as Bank Al-Maghrib continued supporting liquidity within the financial system. According to data from the Directorate of Studies and Financial Forecasts......
India has reaffirmed its commitment to negotiating a bilateral trade agreement with the United States, despite the Trump administration's decision to impose new tariffs on imports from the South Asian country. The announcement came after Washington introduced a 10% tariff on Indian goods as part......
Indonesian authorities have arrested former senior anti-corruption prosecutor Febrie Adriansyah as part of a major money laundering investigation that has led to the seizure of approximately $19 million in cash and 74 kilograms of gold bullion from several properties linked to the former official. The......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
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