Economy
The European Union has adopted a sweeping ban on cryptocurrency transactions involving service providers based in Russia and Belarus, marking a major escalation in its sanctions regime. The measures form part of the bloc’s 20th sanctions package targeting Moscow and its allies, shifting from selective......
International Airlines Group said it will increase ticket prices to offset a sharp rise in jet fuel costs linked to the ongoing Middle East conflict, marking a shift from its earlier position that fares would remain stable. The group, which owns British Airways, Iberia and Aer Lingus, stated that while......
Italian luxury group Brunello Cucinelli has strengthened its internal controls on compliance with European Union sanctions following allegations concerning potential violations related to exports to Russia. According to its latest annual report, the company adopted a reinforced trade compliance system......
Taxi drivers and ride-hailing operators are calling for government support to offset rising fuel prices, which have increased due to ongoing geopolitical tensions in the Middle East. The request comes amid broader pressure on transport professionals, following similar appeals from fishermen, farmers,......
Global oil prices pulled back after news that Abbas Araghchi is traveling to Islamabad for a new round of negotiations between Iran and the United States. The diplomatic signal interrupted a five day rally driven by severe supply disruptions, offering markets a potential path toward de escalation. Brent......
China has announced the removal of countermeasures imposed on two European Union banks following a reciprocal easing of sanctions by the European bloc, marking a small step toward stabilizing financial relations between the two sides. The decision was confirmed by China’s Ministry of Commerce......
Global oil prices showed mixed movements on Friday as markets reacted cautiously to renewed hopes of diplomatic talks between Iran and the United States. Brent crude, the international benchmark, recorded a slight increase, while US West Texas Intermediate (WTI) remained largely stable. The fluctuations......
Retail sales in Canada recorded a moderate increase in February, reflecting steady consumer activity and offering a positive signal for the country’s economic outlook. According to official data, retail sales rose by 0.7% compared to January, reaching approximately 72 billion Canadian dollars.......
International Airlines Group (IAG), the parent company of British Airways, has announced plans to adjust ticket prices in response to rising jet fuel costs, reflecting increasing pressure on the global aviation industry. The group indicated that while fuel supplies remain stable, the sharp increase......
Luxembourg’s Minister of the Economy, SMEs, Energy and Tourism, Lex Delles, is set to lead a high-level economic mission to Morocco from May 4 to May 7, 2026, aimed at strengthening bilateral economic relations and exploring new investment opportunities. The delegation will bring together public......
UK stock markets are heading toward weekly losses as investor sentiment weakens amid growing geopolitical tensions and fading hopes of a rapid ceasefire in the Middle East. The FTSE 100 index fell by 0.6% in Friday morning trading, while the FTSE 250 declined by 1.1%, marking a broad downturn across......
A new partnership in Morocco is targeting the gap between job seekers’ skills and the evolving needs of the healthcare sector. The initiative, known as the Promotion of Employment for the Health Sector program, aims to align training with labor market demand and improve job access for young people. The......
The war involving Iran is raising alarm across global supply chains, with companies warning that the disruption could exceed the impact of the COVID-19 crisis. A survey conducted by Allianz Trade across 6,000 firms in 13 countries shows that nearly two thirds expect further supply shocks driven by rising......
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