Economy
European Union foreign ministers are preparing to endorse an accelerated transition toward clean energy in response to the fuel market disruption triggered by the war involving Iran and the closure of the Strait of Hormuz. A draft of the conclusions frames the current crisis as a catalyst to reduce dependence......
Italy’s economy recorded modest growth during the first quarter of 2026, supported in part by increased activity linked to the Milano Cortina 2026 Winter Olympics, according to recent estimates from the Bank of Italy. In its latest economic bulletin, the central bank indicated that gross domestic......
Arthur Hayes has warned that cryptocurrency markets have entered a “no trade zone,” urging investors to stay on the sidelines until central banks, led by the Federal Reserve, begin injecting liquidity into the global economy. Writing in a recent essay, Hayes said his fund made no trades in......
Global oil prices declined sharply on Friday, falling by around 5 percent as markets reacted to growing expectations of easing geopolitical tensions in the Middle East. Benchmark crude prices dropped below the symbolic $100 per barrel level, reflecting a shift in investor sentiment. Brent crude and......
Canada’s housing sector showed signs of slowdown in March, as new residential construction fell by 6 percent compared to the previous month, according to data released by the national housing agency. The seasonally adjusted annual rate of housing starts declined to around 235,000 units, missing......
European natural gas prices moved higher on Thursday as markets weighed uncertainty around ongoing diplomatic efforts between the United States and Iran, with a fragile ceasefire set to expire within days. The benchmark Dutch TTF contract climbed about 2 percent on April 16 to roughly 42.24 euros per......
Banque Populaire has expanded its support network for very small businesses with the opening of a new Al Moukawil Chaabi center in Tangier, marking its second facility after Marrakech. The initiative targets small entrepreneurs, traders, and artisans across Morocco, as the group moves to bring services......
The United Kingdom’s main stock index, the FTSE 100, closed slightly lower on Friday as weakness in utilities and mining stocks weighed on overall market performance. The index slipped as investors reacted to pressure across several sectors, particularly utilities, which declined following reports......
A group of senior policymakers and economists has renewed concerns about the long-term strength of the US dollar as the world’s primary reserve currency, pointing to shifting capital flows, policy risks, and weakening global confidence. Janet Yellen, speaking at an investment summit hosted by......
The French rail giant Alstom saw its shares tumble sharply on the Paris stock exchange, dropping by more than 30% shortly after trading opened on Friday. The dramatic decline followed the company’s announcement of revised financial targets, largely driven by ongoing delivery delays affecting its......
The city of Casablanca is set to host the inaugural edition of MAB Expo, a new trade fair dedicated to professionals in the woodworking and aluminum sectors. Scheduled from April 24 to 26 at the ICEC exhibition park, the event aims to bring together key players in a rapidly evolving industry. Organized......
The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran......
A potential escalation of conflict involving Iran could drive an additional 60 million people into acute food insecurity, according to World Bank chief economist Indermit Gill. The warning comes as global economic shocks from the conflict begin to ripple across energy, agriculture, and trade systems. Gill......
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