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Economy



Morocco’s $35 billion green hydrogen vision: bold ambitions amid global uncertainty

In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......

The overseas bank accounts you can open from Spain: diversify your savings and maximize returns

If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......

Bond yields surge to multi-decade highs amid global sell-off

Long-term government borrowing costs have climbed to their highest levels in decades across major economies, driven by rising fiscal concerns and inflation fears that are reshaping bond markets. Japanese 30-year bond yields reached a record 3.28% on Wednesday, while UK gilt yields soared to levels unseen......

EU advances Mercosur trade deal as French resistance eases

The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......

France halts US-bound parcels as new tariffs disrupt trade

France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......

EU-US trade deal averts tariff crisis but sparks mixed reactions

The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......

Euro's potential rise amid shifting global economic landscape

European Central Bank President Christine Lagarde recently underscored a significant transformation in the global economic order, one that has relied heavily on the leadership of the United States and the dominance of the US dollar. Speaking at the Hertie School in Berlin, she articulated concerns over......

Integrating immigrants: A solution to Europe's demographic challenges

Europe is on the brink of a demographic shift, with its population set to decline in many countries due to an aging populace and a falling birth rate. A recent study highlights that the integration of immigrants into the workforce is essential for sustaining both societies and economies across the continent. Europe's......

Morocco's pharmaceutical imports from the EU rise in 2024

Recent data from Eurostat reveals a significant increase in Morocco's pharmaceutical imports from the European Union in 2024, although the country’s exports to the EU remain limited. According to the statistics, Morocco imported €559 million worth of medical and pharmaceutical products......

Trump tariffs kick in, spurring more market carnage

U.S. President Donald Trump’s sweeping tariffs on imports from dozens of countries officially took effect on Wednesday, triggering a sharp escalation in global trade tensions. Among the most significant were 104% duties on Chinese goods, a move that intensified market instability and accelerated......

Germany withdraws Moroccan peppers over pesticide safety concerns

German authorities have recently taken decisive action by withdrawing a shipment of Moroccan peppers from the market due to alarming levels of Abamectin, a pesticide known for its serious health risks. The peppers were imported into Germany via Spanish distributors, as reported by Hortoinfo. Inspection......

Morocco Showcases Ambitious 'Made in Morocco' Railway Vision at Global Trade Fair

Morocco is making waves in the global railway industry with its bold "Made in Morocco" vision, unveiled at the prestigious InnoTrans 2024 trade fair in Berlin. The Morocco TraIndustry (MTI) cluster, a collaborative initiative aimed at revitalizing the nation's railway sector, made its debut......

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