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Economy



Spain's strategic diplomacy amid US tariff tensions

In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......

China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions

In his visit to Hanoi on April 14, Chinese President Xi Jinping emphasized the importance of deepening trade and supply chain cooperation between China and Vietnam in response to challenges posed by U.S. tariffs. Xi's visit, part of a broader Southeast Asia tour, follows the imposition of significant......

Trump Plans New Tariffs on Semiconductors amid Trade Policy Shift

In a significant shift in trade policy, U.S. President Donald Trump announced on Sunday that new tariff rates on imported semiconductor chips will be revealed in the coming week. While some flexibility may be granted to certain companies, the announcement signals that previous exemptions for smartphones......

Morocco's Urban Planning Achieves Over 90% Coverage, Boosting Economic Growth

Morocco has achieved remarkable progress in its urban planning initiatives, surpassing 90% coverage of local municipalities. Currently, 1,341 out of 1,503 communes are operating under approved urban planning documents, reflecting a significant commitment to effective land management and sustainable development. According......

Morocco seeks to establish Africa's largest shipyard in Casablanca

Morocco’s National Ports Agency (ANP) has initiated an international tender for a 30-year concession to operate what will become Africa’s largest shipyard in Casablanca. This ambitious project, valued at $300 million, aims to replicate Morocco’s success in automotive manufacturing by......

Strengthening economic ties: Morocco and UAE's growing partnership

The Moroccan Agency for Investment and Export Development (AMDIE) organized the “Morocco Now” Economic Day in Dubai, emphasizing the growing economic relationship between Morocco and the United Arab Emirates (UAE) under the theme “From Vision to Action: Morocco and the Emirates Charting......

Trump Spares Smartphones, Computers, Other Electronics from China Tariffs

The U.S. administration under President Donald Trump has granted tariff exemptions on a range of electronics imported mainly from China, including smartphones, computers, and other devices. This move is seen as a significant relief for major tech companies like Apple, which rely heavily on imported products. In......

Morocco's ambitious highway project connects Marrakech and Fès

Preliminary studies are officially underway in Morocco to define the technical specifications and financial arrangements for a new highway project linking Marrakech to Fès via Beni Mellal and Khénifra. The estimated cost of this infrastructure is approximately 28 billion dirhams. According......

Morocco and Spain strengthen ties with agreements on Gibraltar link project

Morocco and Spain have recently formalized two significant agreements aimed at advancing the Strait of Gibraltar crossing project. Signed on Thursday in Madrid, these agreements emphasize cooperation in digitalization, engineering, and educational initiatives. The Moroccan delegation, led by Abdelkabir......

Morocco's Banking Liquidity Deficit Increases by 21.9%

The liquidity deficit in Morocco’s banking system has surged by 21.9%, reaching MAD 168.3 billion during the week of April 3 to 9. This significant rise highlights tightening conditions within the money market. According to BMCE Capital Global Research (BKGR), the deficit’s increase follows......

Catalan economists favor negotiation over trade retaliation with the U.S.

In recent discussions regarding trade relations between Catalonia and the United States, a significant portion of Catalan economists has expressed their preference for diplomacy and negotiation over retaliatory tariffs. According to a recent survey conducted by the College of Economists of Catalonia......

Stocks, Dollar Slip, Bonds Pummelled Again as Trade War Roils Markets

Global markets took a hit on Friday as the intensifying trade war between major economies sparked a wave of investor anxiety. Stocks fell sharply, the U.S. dollar weakened, and bond markets suffered their worst week in decades, signaling growing fears of a global recession. The turmoil followed a series......

Vietnam's response to U.S. tariffs: cracking down on China trade

Vietnam is taking significant steps to address U.S. concerns over Chinese goods transshipped through its territory, in a bid to avoid harsh tariffs. In response to U.S. scrutiny, including from trade advisor Peter Navarro, the Southeast Asian nation is tightening controls on both Chinese goods shipped......

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