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Economy



EU threatens trade sanctions over China's rare earth export restrictions

The President of the European Commission, Ursula von der Leyen, has issued a stern warning to China, signaling that the European Union may deploy its most powerful trade weapon in response to Beijing’s tightening control over rare earth exports. The move, which has disrupted European supply chains,......

Australia and the United States forge partnership to secure rare earth supply chains

Australia and the United States have entered a strategic partnership to ensure reliable access to rare earth minerals, essential for defense systems, clean energy technologies, and advanced manufacturing. The agreement, signed in Canberra on Monday, reflects a joint effort to reduce dependence on China,......

Morocco appoints arbitrator in $2.2 billion Emmerson mining dispute

Morocco has officially appointed Professor Zachary Douglas KC as its arbitrator in the $2.2 billion dispute with British mining company Emmerson Plc. The arbitration, overseen by the International Center for Settlement of Investment Disputes (ICSID), marks a critical step in a case that highlights the......

Europe remains Morocco’s top trade partner despite slight decline

Europe continued to dominate Morocco’s foreign trade in 2024, accounting for 62% of total trade volume, down slightly from 63.2% in 2023, according to the latest annual report by the Moroccan Office of Exchange. European countries provided 56.4% of Morocco’s imports and received 71.4% of......

Morocco ranks 51st in global work-life balance index, highlighting urgent reform needs

Morocco has ranked 51st out of 60 countries in the 2025 Global Work-Life Balance Index, reflecting significant challenges in aligning working conditions with quality of life. The report, published by Remote, a global platform for remote employment, underscores systemic issues in the country’s labor......

Australian prime minister Albanese begins China trip to strengthen trade ties

Australian Prime Minister Anthony Albanese has embarked on a weeklong visit to China, aiming to fortify economic relations between the two nations. The visit, which commenced this weekend, includes high-level meetings with top Chinese officials and a focus on rebuilding trade following years of strained......

ENGIE North Africa appoints Rik De Buyserie as CEO to steer sustainable energy goals

ENGIE North Africa has announced the appointment of Rik De Buyserie as its new Chief Executive Officer, succeeding Loïc Jaegert-Huber. The leadership change signals a strategic pivot toward advancing sustainable energy solutions across the region. A vision for energy transformation De Buyserie,......

Morocco establishes itself as a key player in the international medical cannabis market

Morocco has reached a significant milestone in the development of its medical cannabis industry with the recent export of a shipment of the local "Beldiya" cannabis variety to Australia. This shipment marks a crucial step in the international expansion of Morocco’s regulated cannabis......

Morocco becomes a major buyer of Russian wheat as Moscow deepens its foothold in Africa

Morocco has rapidly emerged as one of the leading markets for Russian wheat exports in recent years, joining other growing destinations such as Nigeria, Kenya, Libya, Tunisia, and Tanzania. Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and Producers, highlighted this trend in an interview......

India offers major tariff cut to fast-track trade deal with Trump

In a significant move to finalize a trade agreement with the United States, India has proposed cutting the average tariff gap between the two countries to under 4%, down from nearly 13%, according to sources familiar with the negotiations. This would be a reduction of approximately 9 percentage points......

Australia vows to protect its screen industry from Trump tariffs

The Australian government has pledged to fight "unequivocally" for its screen industry following United States President Donald Trump's recent announcement of a 100 percent tariff on films produced outside of the U.S. Home Affairs Minister Tony Burke expressed his commitment to safeguarding......

Global markets slide as Trump defends tariffs as economic remedy

Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......

Trump Escalates Global Trade War With Sweeping Tariffs

U.S. President Donald Trump intensified a global trade dispute by imposing broad tariffs on imports from both allies and adversaries, disrupting financial markets and challenging long-standing free trade principles. The European Union and China quickly announced retaliatory measures, while Australian......

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