Economy
Chile’s six largest television networks have filed a formal complaint against Google, accusing the tech giant of abusing its dominant position in search engines and digital advertising markets. The complaint was submitted to Chile’s Tribunal for the Defense of Free Competition (TDLC) and......
BHP Group said Brandon Craig will become chief executive on July 1, succeeding Mike Henry after more than six years in the role, signaling continuity in the mining company’s long term strategy. Craig currently serves as president of BHP Americas, where he has overseen growth initiatives across......
Economists in Chile have abandoned expectations of an interest rate cut this month as the escalation of the war involving Iran drives oil prices above $100 per barrel and raises the risk of renewed global inflation, complicating monetary policy decisions. According to Bloomberg, analysts no longer expect......
Cuba is facing its most severe energy crisis in decades, with satellite imagery showing that nighttime lighting across the island has fallen sharply after efforts by the Trump administration to restrict its oil supply. The shortages have plunged large parts of the country into darkness, grounded international......
A high-level Moroccan economic mission led by Omar Hejira, Secretary of State for Foreign Trade, is currently visiting Chile to strengthen bilateral economic and trade ties and lay the foundations for a structured, long-term strategic partnership. This mission is part of the Morocco-Chile Economic Forum,......
Copper prices approached record levels on January 12, 2026, fueled by a weaker US dollar and anticipation of fresh Chinese policies to spur consumer spending. This industrial metal, vital for global electrification, saw three-month contracts on the London Metal Exchange climb 1.9% to $12,964 per metric......
Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......
European borrowers unleashed a staggering 57.2 billion euros ($66.8 billion) in debt on Wednesday, shattering the region's single-day record for bond sales as issuers capitalized on ideal market conditions to lock in funding for the year ahead. At least 28 issuers sold bonds across 42 tranches on......
The Moroccan Hass avocado season has begun under challenging conditions, with prices dropping by 20% compared to last year. The decline is attributed to oversupply from Latin American producers and declining demand in Europe, creating fierce competition for Moroccan exporters. Global oversupply pressures......
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,......
Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......
Morocco has become a founding member of the newly launched Future of Investment and Trade Partnership (FIT), a coalition of 14 nations aimed at strengthening the global trade influence of small and medium-sized economies. The initiative, formalized during a virtual ministerial meeting on September 16,......
Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......
