Economy
Foreign Economic Relations Board (DEIK) has launched a new public diplomacy campaign urging European leaders to revive Türkiye’s long-stalled bid to join the European Union, describing the move as strategically important for Europe’s future. As part of the initiative, the organization......
Canada’s labor market showed renewed signs of weakness in April as the national unemployment rate climbed to its highest level in six months. The latest figures point to growing pressure on the economy amid trade tensions, slowing business confidence, and global economic uncertainty. According......
HSBC has announced that it has almost completed a comprehensive review of its lending policies and practices following a significant financial setback linked to fraud in its UK operations. The bank recently set aside a provision of around $400 million after identifying losses associated with suspected......
Asia is facing a dangerous convergence of inflationary pressures as a looming El Niño weather event and record temperatures compound the economic fallout from the Middle East oil crisis, threatening to drive food and energy costs sharply higher in the second half of 2026 at a moment when central......
Luxembourg's Economy Minister Lex Delles concluded a four-day economic mission to Morocco on May 7, wrapping up a visit that generated concrete cooperation leads in green finance, renewable energy, aerospace, and logistics. The mission, which ran from May 4 to 7, brought a delegation of 40 people......
Morocco has recorded more than 50,300 company creations through its DirectEntreprise digital platform since its launch, marking a significant milestone in the country's ongoing push to modernize its business environment through administrative digitalization. The figures, released by the Moroccan......
Morocco and South Korea are advancing toward a significant deepening of their bilateral economic relationship, with both countries agreeing to explore the early launch of negotiations for a Comprehensive Economic Partnership Agreement. The move signals a deliberate effort by Rabat to diversify its international......
Türkiye is seeking to strengthen its position in the global participation finance industry, with ambitions to rank among the world’s top five markets in the sector. The announcement was made by Mehmet Şimşek during the Participation Finance Summit held at the Istanbul......
President Donald Trump issued a new ultimatum to the European Union on Thursday, demanding that the bloc ratify the trade framework reached last summer by July 4, the 250th anniversary of American independence, or face an increase in tariffs. The announcement came a day after a phone call with European......
Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value......
One of the best-known flea markets in France, the Les Puces du Canal near Lyon, has entered a financial protection procedure after facing growing economic pressure linked to higher property taxes. Located in Villeurbanne since 1995 along the banks of the Jonage Canal, the market is considered the second-largest......
Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......
The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......
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