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Economy
The Moroccan General Directorate of Taxes (DGI) has released the 2026 edition of the General Tax Code (CGI), updating the previous 2025 version to incorporate the changes introduced by Finance Law No. 50-25 for the 2026 fiscal year, enacted on December 10, 2025. The updated code is organized into three......
China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS),......
The prices of silver, platinum, and palladium plummeted on December 30, marking a tumultuous conclusion to a year characterized by extraordinary highs for these precious metals. Investors capitalized on their gains amid a volatile environment, significantly reducing their positions after seeing remarkable......
Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual......
Tanger Med Port has established itself as one of Africa’s most strategic maritime hubs, driven by its strong performance, advanced organization, and central role in global trade flows, according to observations highlighted by the Ivorian media. Located at the crossroads of Europe and Africa, the......
Bulgaria is set to adopt the euro overnight from Wednesday to Thursday, becoming the 21st country to join the eurozone, a major milestone that has sparked both optimism and anxiety across the country. At midnight, the Balkan nation of 6.4 million people will officially replace the lev, its national......
China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will......
A branch of Germany’s Savings Bank in the western city of Gelsenkirchen was targeted in a major burglary over the weekend, with losses estimated at nearly €30 million, according to police sources. More than 3,000 safe-deposit boxes containing cash, jewelry and gold were broken into, prompting......
Bulgarian intelligence agencies and Ukraine's Center for Countering Disinformation have exposed a broad Russian propaganda push targeting the country's shift to the euro, set for January 1, 2026. This makes Bulgaria the eurozone's 21st member amid heightened tensions. The campaign deploys......
Air China said it and a subsidiary have signed an agreement with Airbus to purchase 60 A320neo aircraft, a deal valued at about 9.5 billion dollars at catalogue prices. The aircraft are scheduled for delivery in batches between 2028 and 2032, according to a filing with the Shanghai Stock Exchange, marking......
Shopkeepers in Tehran's Grand Bazaar and key commercial zones such as Lalehzar Street, Jomhouri, and the Shush wholesale district shuttered their stores on Sunday and Monday, bringing business to a standstill amid escalating economic discontent. Social media footage captured large crowds chanting......
China's yuan has surged past the critical 7-per-dollar threshold in onshore trading for the first time since 2023, reaching 6.9960 on Tuesday amid evident concerns from authorities over the currency's sharp strengthening. This milestone reflects mounting pressures on Beijing to balance export......
Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......
