Economy
The Africa Forward summit in Nairobi brought together heads of state, investors and senior officials on 11 and 12 May 2026 with a focus on accelerating concrete economic partnerships across the continent. The meeting, co-chaired by Kenya and France, placed emphasis on investment-driven cooperation in......
African policymakers, researchers and mining experts are intensifying calls for local transformation of critical raw materials as global competition for strategic minerals accelerates. During a conference held in Rabat by the Policy Center for the New South and the Geology and Sustainable Mining Institute,......
Spanish exports of meat and processed meat products fell by 13 percent during the first quarter of 2026, reflecting weaker international demand and major changes across key export markets. Data from Spain’s agricultural export monitoring system showed total overseas shipments reached 393,585 tonnes......
Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......
Canada has announced a new investment in a major economic development project in the Philippines, joining efforts led by the United States and Japan to strengthen regional supply chains and infrastructure. Canadian Minister of International Trade Maninder Sidhu said that Canada will invest around 2......
Norway’s government has significantly upgraded its forecast for oil and gas revenues in 2026, expecting the state to earn around 721.1 billion Norwegian crowns (approximately $78.7 billion), driven by rising global energy prices linked to ongoing geopolitical tensions. The revised estimate marks......
African leaders gathering in Kenya for the Africa Forward Summit called for major reforms to the global financial system in order to improve access to credit and encourage investment across the continent. The summit, held in Nairobi with the participation of more than 30 African heads of state and government......
Morocco and the United States held the ninth session of their Free Trade Agreement Joint Committee in Rabat as both countries moved to strengthen commercial ties and address growing concerns over trade imbalances. The meeting brought together Moroccan Industry and Commerce Minister Ryad Mezzour and officials......
Turkey is preparing to receive its first ever emergency crude shipment from the United States Strategic Petroleum Reserve as Washington expands energy exports to allies facing supply disruptions linked to the effective closure of the Strait of Hormuz. Tanker tracking data showed that American reserve......
The Indian government is closely monitoring the financial situation of state-run fuel retailers as global oil prices continue to rise due to geopolitical tensions in the Middle East. Hardeep Singh Puri stated that authorities will eventually need to assess how long public fuel companies can continue......
KBC Group reported first-quarter earnings below market expectations as the Belgian financial institution increased its reserves to protect against growing geopolitical risks linked to tensions in the Middle East. The banking group announced a quarterly net profit of 557 million euros, a figure slightly......
The administration of Donald Trump announced new sanctions targeting individuals and companies accused of helping facilitate Iranian oil exports to China, intensifying economic pressure on Tehran amid ongoing geopolitical tensions in the Middle East. According to the United States Department of the......
Greece has announced plans to repay part of the financial assistance it received from its European partners ahead of schedule, signaling continued confidence in the country’s economic recovery after more than a decade of financial challenges. Government spokesperson Pavlos Marinakis confirmed......
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