Economy
Portugal is facing growing financial pressure after severe winter storms caused billions of euros in damage and complicated the government’s efforts to maintain a balanced budget in 2026. Speaking before parliament in Lisbon, Economy Minister Manuel Castro Almeida acknowledged that reaching a......
The Reserve Bank of India and the European Commission have issued coordinated warnings over the economic fallout from the war involving Iran, pointing to rising risks for global growth and inflation. Both institutions link the escalation of tensions in the Middle East to persistent disruptions in energy......
Reserve Bank of India intervened heavily in the foreign exchange market during March after the Indian rupee came under strong pressure from rising global energy prices and financial uncertainty linked to tensions in the Middle East. According to official financial data, the central bank became a net......
A growing legal dispute between NNPC Limited and Dangote Petroleum Refinery is drawing national attention as both sides debate the future of fuel imports and competition in Nigeria’s energy sector. The conflict centers on a lawsuit filed by Dangote Refinery against import licences granted to fuel......
Mexico and the European Union are preparing to sign a long-awaited free trade agreement aimed at strengthening economic cooperation and reducing dependence on the United States market. The agreement marks a major step in the relationship between both partners as they seek greater trade diversification......
Residential construction in Germany has fallen to its lowest level in 13 years, reflecting a sharp slowdown in the country’s housing sector amid rising costs and higher interest rates. According to national statistics, the number of completed residential units dropped by 18% in 2025, reaching......
The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......
A new call for applications has been launched for the second season of a pan-african television competition dedicated to entrepreneurship. The initiative builds on the success of its first edition, which reached audiences across multiple regions and positioned itself as a platform for emerging business......
Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......
Inflation in Morocco increased to 1.7% in April, up from 0.9% in the previous month, according to data released by the national statistics authority. The rise in prices was mainly driven by higher food and transport costs, which continue to have a strong impact on household spending. Food prices, a......
Wafasalaf, one of Morocco's leading consumer finance companies, marked four decades of operations with a formal institutional evening that brought together shareholders, partners, institutional representatives, employees, and ecosystem stakeholders. The event, themed "40 years of history, between......
Inflation in Japan slowed in April despite ongoing concerns over rising energy prices and global economic uncertainty. According to official government statistics released on Friday, consumer inflation reached 1.4% year-on-year, compared with 1.8% recorded in March. The latest figures suggest that price......
Investment bank JPMorgan Chase has predicted that the Central Bank of Turkey could soon increase its main interest rate to 40% in response to recent financial and political pressures affecting the country’s economy. According to analysts from the bank, the Turkish lira continues to face instability......
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