Economy
The Bank of Canada stated that artificial intelligence has not yet caused large-scale job losses in the Canadian labor market, although officials expect the technology to continue transforming workplaces and professional tasks in the coming years. Speaking during a business event in Ottawa, Deputy Governor......
A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......
Germany’s economy is expected to face increased pressure during the second quarter of the year as the impact of tensions linked to the conflict involving Iran affects global markets and business confidence. According to statements from the German economy ministry, rising prices, supply chain disruptions,......
The 2026 Mediterranean navigation season has opened under severe disruption as extreme weather events, aviation fuel shortages, and geopolitical tensions reshape maritime tourism across the region. Conditions that typically support stable growth in yacht charters and cruise activity have been replaced......
Ingredion is in discussions to acquire Tate & Lyle in a deal that could value the British ingredients group at about 2.74 billion pounds, or 3.7 billion dollars. The proposal, confirmed by Tate & Lyle, would rank among the largest transactions in the global food ingredients sector this year. The......
The government of Brazil has decided to eliminate a tax on low-value international online purchases, marking a significant shift in its e-commerce and consumer policy ahead of upcoming elections. President Luiz Inácio Lula da Silva отменated the levy, which had previously imposed a 20% charge......
Oil prices stayed above the 100 dollar mark on Thursday as global markets focused on high level talks in Beijing between Donald Trump and Xi Jinping. Traders watched the meeting for any signal that could ease tensions linked to the Iran conflict and the disrupted flow of energy through the Strait of......
The Moroccan government is preparing to advance the payment of May 2026 salaries for civil servants and public sector employees ahead of Eid al-Adha, according to general administrative sources. This decision, which is often taken during major religious celebrations, aims to support households in managing......
Iran has claimed that tighter control over the Strait of Hormuz could generate economic returns capable of doubling its oil revenue, according to statements attributed to a senior military official. The assessment comes as tensions remain high between Iran, the United States, and Israel, with maritime......
The Moroccan financial guarantee institution Tamwilcom has launched a strategic initiative aimed at strengthening its financial stability and improving its capacity to support very small, small, and medium-sized enterprises (TPME). The project focuses on enhancing asset-liability management to better......
Investment opportunities in Morocco were highlighted during a webinar organized by the Association of Moroccans in Quebec and consulting firm SBlue Consulting, in partnership with the Moroccan Embassy in Canada. The online event, titled “Investing in Morocco: Understanding the Framework and Conditions......
Desert truck convoys crossing the Arabian Peninsula have become a critical emergency channel for global energy flows after the prolonged closure of the Strait of Hormuz disrupted one of the world’s most important maritime chokepoints. Gulf states are rapidly expanding overland logistics networks......
The housing market in Canada recorded a modest increase in home sales in April compared to March, while prices continued to decline slightly, according to data released by the Canadian Real Estate Association (CREA). The report shows that national home sales rose by 0.7% month-over-month, reflecting......
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