Economy
Russia’s oil refining industry is facing growing pressure as Ukrainian drone attacks and Western sanctions increasingly complicate the operation, maintenance and repair of refineries, according to the International Energy Agency (IEA). In its latest monthly assessment, the Paris-based agency lowered......
Oil prices are on track to end the week above $100 a barrel for the first time since May, as escalating attacks and growing security risks across the Middle East fuel concerns over prolonged disruptions to global energy supplies. Despite a decline in prices during Friday’s trading session, both......
The average price of diesel fuel in the United States has risen above $6 per gallon for the first time, marking a new record as higher crude oil prices and growing geopolitical tensions put additional pressure on the American energy market. According to fuel price tracking data, the sharp increase comes......
Morocco's economy has shown a degree of resilience despite continued uncertainty in the global economy, with none of the 18 sectors assessed in Allianz Trade's latest risk classification placed in the high-risk category. The company's new Global Sector Risk Atlas highlights significant differences......
The global billionaire rankings have undergone a striking shift, with Americans occupying all 10 positions at the top of Bloomberg’s Billionaires Index for the first time since the agency began publishing the ranking in 2012. The change highlights the growing dominance of U.S. technology companies,......
The BRICS group has become an increasingly influential platform in international affairs as geopolitical and economic changes reshape the global balance of power. Originally conceived as a way to describe the rise of major emerging economies, the grouping has gradually evolved into a political and economic......
Morocco has emerged as the most attractive economy in North Africa, according to the 2026 Global Attractiveness Ranking published by The European House – Ambrosetti, a European consulting and strategic research centre. The kingdom ranked 84th out of 146 countries assessed, placing it ahead of......
Morocco is increasingly becoming part of the strategic debate surrounding Europe’s automotive industry, as Italian manufacturers warn that upcoming European industrial policies could unintentionally strengthen competition from production hubs outside the European Union. Roberto Vavassori, president......
The European Central Bank (ECB) raised interest rates for the second time this year on Thursday, responding to renewed pressure on energy prices as escalating tensions in the Middle East threaten to keep inflation above the bank’s target. The ECB increased its benchmark interest rate by 0.25 percentage......
Russian and Indian companies have signed a series of agreements covering the potential purchase of more than 80 Russian-made regional aircraft, highlighting growing cooperation between the two countries in the civil aviation sector. The agreements were announced during the first edition of INNOPROM......
The global shipping industry is facing an increasingly complex security environment as geopolitical conflicts, attacks on commercial vessels and piracy threaten major maritime routes, according to Damien Chevallier, head of maritime safety at the International Maritime Organization (IMO). Chevallier......
The European Commission has approved emergency financial assistance of €114.7 million for Spain to help authorities respond to the consequences of a large-scale irregular border crossing in Ceuta at the end of July. The funding is intended to strengthen Spain’s ability to manage migration......
The International Monetary Fund has come under renewed criticism over the fiscal conditions attached to its lending programs, with Oxfam arguing that austerity requirements have become more demanding over the past decade and could place additional pressure on vulnerable communities. In a report and......
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