Economy
The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......
The National Customs Brigade has ramped up efforts in collaboration with the Royal Gendarmerie to dismantle a network specializing in the counterfeiting of motor oils and spare parts in several peripheral areas of Casablanca, including Lahraouiyine, Bouskoura, and Sidi Hajjaj. This network has converted......
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......
Tangier is on the verge of becoming Morocco’s fourth city to implement a tramway system, following the announcement of an ambitious MAD 8.4 billion ($840 million) project. This initiative, which has been in the works since 2014, is now being propelled by the forthcoming 2030 World Cup, which Morocco......
The cryptocurrency market is experiencing significant downturns, following the global stock market's drop fueled by a trade war initiated by U.S. President Donald Trump. Major cryptocurrencies are mirroring the declines seen in European, Asian, and American stock indices. Bitcoin has hit its lowest......
The Caisse Nationale de Sécurité Sociale (CNSS) has announced the implementation of the retirement pension and contribution refunds starting from May 1, 2025, with retroactive effect from the retirement date. According to the provisions of decree 2.25.265, individuals who retire between......
The Catalan government is set to allocate €1.5 billion to mitigate the effects of tariffs imposed by U.S. President Donald Trump. This package, confirmed by the government and reported by Catalunya Radio, includes grants, loans, investments, advisory services, and various other measures. The initiative......
Morocco is aiming to significantly increase its exports to Egypt by 2026, with a target of $500 million, up from just $75 million in 2024. This impressive growth is central to ongoing bilateral discussions as both Rabat and Cairo seek to address a concerning trade imbalance. To achieve this goal, the......
A Spanish political party has proposed new measures to restrict foreign individuals from purchasing property in Spain unless they can demonstrate a minimum of five years of continuous residency. The Republican Left of Catalonia (ERC) has introduced a non-legislative motion in the Spanish Congress advocating......
European stock markets took a severe hit at the beginning of trading on Monday, with Frankfurt witnessing a drop of up to 10 percent as a global sell-off worsened following U.S. President Donald Trump's tariffs. The indices fell sharply, with Paris losing over six percent, London nearly six percent,......
More than 50 countries have reached out to the White House seeking to open trade negotiations following President Donald Trump’s sweeping tariffs, according to senior administration officials. The newly imposed tariffs, which wiped nearly $6 trillion off US stock markets last week and shook global......
A high-ranking Chinese official has assured that China will continue to be a "promising land" for foreign investment, despite ongoing trade tensions with the U.S. and the recent implementation of 34% tariffs on American imports. This move came as retaliation against similar tariffs introduced......
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