Economy
Morocco’s Ministry of Industry and Trade has opened a safeguard investigation into rising rice imports after a formal complaint from two domestic producers. The inquiry, which began on April 13, covers both white and brown rice and comes at a sensitive moment for the agricultural sector as farmers......
The British pound edged slightly higher against the U.S. dollar on Monday as financial markets reacted to ongoing geopolitical uncertainty in the Middle East and looked ahead to an upcoming monetary policy decision from the Bank of England. The currency movement comes amid shifting investor sentiment......
A new survey from the European Central Bank (ECB) suggests that rising energy prices linked to geopolitical tensions are not yet translating into broader inflation pressures in the euro area economy. According to the European Central Bank, firms across the eurozone expect inflation to increase in the......
China’s growing demand for advanced artificial intelligence chips is expected to drive import growth beyond export expansion for the first time since 2021, marking a shift in the country’s trade dynamics. Economists now forecast imports will rise by about 5 percent in 2026, more than double......
Since the reopening of the commercial customs office between Morocco and Ceuta, the Spanish enclave has significantly increased its imports of construction materials, particularly sand, according to Spanish media reports. Official sources cited by local press indicate that more than 4,000 tons of sand......
Starting in June, new labeling rules for honey products will come into force across the European Union, aiming to improve transparency and protect consumers from misleading practices. The updated regulation requires producers to clearly indicate the origin of honey blends, listing each country of harvest......
Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......
Egypt’s economic outlook has been slightly downgraded by analysts, as rising regional tensions linked to the conflict involving Iran continue to weigh on global energy markets and inflation. According to a recent survey of economists, growth projections for Egypt’s gross domestic product......
Türkiye has officially published in its national gazette a renewed memorandum of understanding with the Organisation for Economic Co-operation and Development (OECD), confirming continued cooperation on the establishment of an OECD center in Istanbul. The approval follows a decision by President......
More than 459 million dirhams have been allocated to modernize and expand essential public services in the province of Taounate, as part of a broader effort to improve infrastructure and reduce regional disparities in Morocco. The investment program, led by the Regional Multiservices Company of Fès-Meknès,......
Italy is on track to become the most indebted country in the eurozone, surpassing Greece for the first time in years, according to recent fiscal projections. Estimates suggest that Italy’s public debt will peak at around 138.6% of its gross domestic product (GDP) in 2026, slightly above Greece’s......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
European Union maize planting is expected to fall to around 7.9 million hectares in the 2026 to 2027 season, marking its lowest level since the start of the century as rising input costs linked to the conflict in Iran weigh on farmers during spring sowing. The decline reflects several years of shrinking......
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