Economy
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......
A global energy shock triggered by the conflict between Iran and the United States has pushed demand for electric vehicles and solar power to record levels. The near closure of the Strait of Hormuz disrupted oil flows and drove sharp price increases, prompting households and businesses to shift away......
Activists from the U.S. city of Minneapolis are calling on the Swiss National Bank to sell its stake in Palantir Technologies, citing ethical concerns over the firm’s role in surveillance and immigration enforcement. The campaigners argue that the central bank’s investment, reportedly valued......
Industrial prices in Spain have recorded their fastest annual increase in a year, driven largely by a sharp rise in energy costs, according to recent data from the National Statistics Institute. After several months of decline, producer prices rebounded strongly in March, reflecting a shift in market......
The global aviation sector is facing a severe disruption as jet fuel prices surge following the closure of the Strait of Hormuz. The escalation stems from military strikes by the United States and Israel against Iran on February 28, which effectively halted a key energy transit route. Fuel costs have......
LVMH chief executive Bernard Arnault has warned of severe global economic consequences if the conflict in the Middle East continues, as the luxury group faces a sharp slowdown in one of its fastest-growing regions. His remarks come as the company expands its retail presence in Dubai while confronting......
Morocco’s rose oil producers are preparing for a record harvest as favorable weather conditions boost agricultural output across key producing regions. Strong rainfall and snowfall during the winter have improved soil moisture and water reserves, creating optimal conditions for rose cultivation.......
Global inflation data for March show a broad and immediate impact from the disruption of oil supplies following the escalation of conflict between the United States and Iran in late February. The closure of the Strait of Hormuz has triggered a sharp rise in energy costs, feeding into consumer prices......
A partnership-driven initiative in Morocco is addressing a persistent mismatch between job seekers’ skills and the evolving needs of the healthcare sector. The project, known as Promotion de l’emploi pour le secteur de la santé, or PEPS, aims to strengthen employability among young......
Daron Acemoglu, a professor at the Massachusetts Institute of Technology and recipient of the 2024 Nobel Prize in economics, has sharply criticized claims that artificial intelligence could eliminate half of entry level white collar jobs within a few years. He described the warning from Dario Amodei......
Royal Road Minerals has reported encouraging drilling results from its Lalla Aziza copper project in Morocco’s Western High Atlas, confirming the presence of significant copper mineralization across the site. The company completed a 15 hole reverse circulation drilling program covering 1,000 meters,......
Japan’s Nikkei 225 index crossed the 60,000-point threshold for the first time in its history on Thursday, marking a major milestone after decades of market evolution. The benchmark briefly reached an intraday high of 60,013.98 points early in Tokyo trading before reversing course and slipping......
Morocco continues to attract global retail chains even as household purchasing power remains under strain. International brands are accelerating their expansion into the Moroccan market, drawn by a sector that remains fragmented and offers significant room for growth. The country’s retail landscape......
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