Economy
California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American......
The recent visit of Recep Tayyip Erdoğan and Queen Mathilde marked a significant step forward in economic and diplomatic relations between Türkiye and Belgium. The five-day Belgian Economic Mission brought together government officials, business leaders and industry......
Environ 100 billion dollars have been deployed across Asia for climate resilience efforts over the past five years, yet the region continues to face a large annual financing gap of around 200 billion dollars. A new assessment released Monday shows that current investment levels fall far short of what......
Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......
Morocco faces a large and persistent loss of public revenue linked to value added tax fraud, estimated at around 12.9 billion dirhams per year. The figure reflects a system in which fraudulent refund claims continue to exploit structural weaknesses in tax administration and corporate reporting. Public......
Fuel prices in France remain under close public attention as petrol prices continue to rise while diesel prices begin to decline slightly after recent peaks. According to official figures released this week, gasoline prices have reached their highest levels since mid-2022, increasing pressure on households......
European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move,......
A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns......
Morocco’s National Federation of Service Station Owners, Traders and Managers has raised concerns over alleged irregularities in fuel deliveries to several stations across the country after reporting a significant diesel shortage during the unloading of a tanker truck. In a statement issued on......
Morocco’s Agency for Logistics Development and Maroc PME have launched the first stage of the “PME Supply Chain” program, marking the beginning of a nationwide campaign aimed at strengthening logistics and transport small and medium sized enterprises across the country. The initiative......
Workers at the cosmetics factory operated by Puig near Barcelona, Spain, have announced a 24-hour strike scheduled for May 20, in protest against pay disparities between employee groups, according to the trade union CGT. The industrial action will affect all production shifts at the Vacarisses facility,......
Silver prices extended losses for a third consecutive session, trading near 75 dollars per troy ounce on Monday, as India introduced sweeping import restrictions and expectations of a possible Federal Reserve rate hike strengthened the US dollar. The combined pressure erased earlier gains from a rally......
The Australian government has ordered a group of investors linked to China to divest their shares in rare earths producer Northern Minerals, citing national security concerns over foreign influence in a strategically important sector. Authorities in Canberra said the decision aims to protect Australia’s......
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