Economy
China officially confirmed Wednesday that it will purchase 200 Boeing aircraft and reopen its market to American beef, following last week's summit in Beijing between President Donald Trump and Chinese President Xi Jinping. The announcements represent a series of trade agreements emerging from the......
Economic activity in France experienced its steepest decline in more than five years during May, according to the latest PMI Flash index published by S&P Global. The data points to a significant slowdown in the country’s private sector amid rising inflation and growing economic uncertainty. The......
The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......
The extraordinary surge in artificial intelligence investment is reshaping more than stock markets. A growing number of economists and financial institutions now argue it is fundamentally altering the long-term trajectory of interest rates and government borrowing costs. Goldman Sachs projects that......
Morocco and France have signed a new cooperation agreement aimed at strengthening the fight against money laundering and terrorism financing during an international conference held in Paris. The agreement was concluded between Morocco’s National Financial Intelligence Authority and the French......
Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian......
A leading Moroccan economist has called for a deep restructuring of the country’s tax system, arguing that current revenue patterns place disproportionate pressure on salaried workers while leaving large parts of economic activity under-taxed. The analysis focuses on personal income tax, corporate......
Morocco has approved large-scale energy projects totaling around 3,000 megawatts during the first quarter of 2026, marking a significant acceleration in the country’s power sector expansion. The announcement was made during a parliamentary session focused on national energy policy and investment......
Morocco’s government has approved MAD 20 billion in additional budget credits to finance subsidies, support public institutions, address emergency spending, and respond to recent flood damage in northern parts of the country. The measures were presented before the Finance and Economic Development......
Lowe’s Companies Inc. has maintained its full-year financial forecast despite ongoing weakness in the U.S. housing market, which continues to affect consumer spending on home improvement projects. The company reported solid first-quarter sales that slightly exceeded market expectations, supported......
The European Union is preparing to release approximately €3.2 billion in financial assistance to Ukraine around mid-June, marking the first disbursement under a larger support package designed to stabilize the country’s public finances amid the ongoing war. European Commissioner for Economy......
Morocco’s lower house of parliament has approved a draft law aimed at reinforcing oversight and crisis management within the country’s banking sector. The legislation targets the legal framework governing credit institutions and the central bank, with a focus on improving early intervention......
Qatar’s foreign ministry has stated that maritime traffic through the Strait of Hormuz has not returned to normal levels, rejecting suggestions that the strategic waterway is reopening. The announcement highlights continued disruption in one of the world’s most critical energy corridors,......
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