Economy
Repeated heatwaves this summer could generate between €10 billion and €15 billion in direct and indirect costs for France, according to Ecology Minister Monique Barbut. The estimate was presented on Wednesday as the government convened a crisis meeting focused on the country's worsening......
The European Union’s agricultural sector could face significantly higher financial losses from extreme weather events in the coming decades, with annual damages potentially exceeding €40 billion by 2050 and reaching as much as €90 billion in particularly severe years, according to a study......
Sales of school supplies in France fell by 5% in July compared with the same month last year, according to NielsenIQ data released Tuesday, pointing to a slower start to the 2026 back-to-school shopping season. The decline came despite a slight decrease in average prices, suggesting that households......
Morgan Stanley Investment Management has gradually increased its exposure to the Moroccan market in 2026, signaling stronger confidence in the country’s economic and industrial prospects while maintaining a cautious stance toward the valuation of Moroccan equities. The move concerns the firm’s......
Oil prices continued to rise in Asian trading on Wednesday as investors assessed the prospect of a prolonged shutdown of the Strait of Hormuz amid an unresolved standoff between Iran and the United States. The strategic waterway has become a major source of uncertainty for energy markets. With no clear......
Morocco is strengthening its position as an emerging destination for foreign investment, particularly in automotive manufacturing, electric-vehicle batteries, renewable energy and logistics. The country’s strategy is increasingly based on connecting industrial production with modern infrastructure,......
Singapore has upgraded its economic outlook for 2026 after stronger-than-expected growth during the first half of the year, supported by rising global demand for artificial intelligence technologies and resilient international trade. The Ministry of Trade and Industry now expects the economy to expand......
Canada’s minister responsible for trade relations with the United States, Dominic LeBlanc, is due to meet US Trade Representative Jamieson Greer on Tuesday as Ottawa seeks to address the latest tariff threats from Washington. Canada’s chief trade negotiator, Janice Charette, is also scheduled......
Morocco is strengthening oversight of offshore holding companies as part of broader efforts to improve transparency and reinforce safeguards against money laundering and illicit financial flows. The Office des Changes announced Monday the publication of Circular No. 2/2026, setting out new vigilance......
Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......
The US housing market lost further momentum in July, with existing home sales declining for a second consecutive month as elevated mortgage rates and limited inventory continued to constrain activity. Existing-home transactions fell 1.7% in July to a seasonally adjusted annual rate of 4.06 million units,......
Chinese companies are beginning to recover part of the tariffs previously collected by the United States under the International Emergency Economic Powers Act, following a landmark U.S. Supreme Court ruling that invalidated the legal basis used to impose the duties. Since early July, at least five publicly......
Retail investors in India suffered significantly lower losses in the equity derivatives market during the financial year ended March 2026, as tighter regulatory measures appear to have reduced participation in highly speculative trading. Government data presented to Parliament on Tuesday showed that......
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