Economy
A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments......
The number of foreign self-employed workers in Spain has surpassed a historic milestone, exceeding 500,000 registered contributors to the national Spanish Social Security System for the first time. According to figures released by the Ministry of Labour and Social Economy of Spain, the country currently......
The surge in oil prices following US and Israeli strikes on Iran is creating fresh revenue opportunities for crude exporters far from the fighting. As Brent crude jumped as much as 13 percent to above 82 dollars a barrel after the attacks, countries such as Russia, Brazil, Mexico, Colombia, and Guyana......
Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......
Colombian President Gustavo Petro has declared a 30-day state of economic emergency, seeking to introduce new taxes after Congress rejected a proposed fiscal reform intended to finance the country’s 2026 budget. With eight months remaining in his term, the first left-wing president in Colombia’s......
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......
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,......
Colombia finds itself in an unprecedented predicament with a historic decline in tax revenue collection, potentially forcing the government to implement significant spending cuts this year. This concerning revelation emerged on Friday from the Autonomous Committee for Fiscal Rules (Carf), a public entity......
