Economy



Trump's Greenland tariff threats trigger sharp US futures drop

US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......

Trump heads to Davos amid EU tariff tensions over Greenland

President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......

Germany warns EU could deploy anti-coercion tools against Trump's tariffs

European leaders have united in response to U.S. President Donald Trump's tariff threats, with Germany's finance minister declaring that a breaking point has been reached. Speaking at a joint press conference in Berlin alongside his French counterpart, Lars Klingbeil emphasized that the European......

France warns US over Greenland takeover risks to EU trade

French Economy Minister Roland Lescure has issued a stark warning to his US counterpart, stating that any attempt to seize Greenland would cross a critical boundary and jeopardize Europe's extensive economic ties with Washington. This message came during a meeting in Washington on January 12, amid......

European defense stocks surge amid Greenland tensions

European defense stocks climbed for a fourth straight session on Wednesday, fueled by geopolitical ripples from the U.S. military's capture of Venezuelan President Nicolás Maduro and escalating friction over Greenland. A Bloomberg index tracking European defense firms has surged about 10 percent......

Europe weighs stablecoin oversight as digital euro timeline moves to 2029

Europe’s central bank is navigating two parallel challenges as it seeks to balance financial innovation and stability: tightening oversight of private digital currencies and advancing the development of a digital euro. European Central Bank President Christine Lagarde highlighted both issues during......

Morocco advances green hydrogen strategy with $31.2 billion investment in southern regions

The Moroccan government has taken a significant step forward in its green hydrogen ambitions, with the successful completion of the preliminary phase of the “Chbika 1” project. This milestone was announced during a steering committee meeting on the “Morocco Offer” for green hydrogen,......

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......

Enhancing Morocco's Financial Landscape: Key to Attracting Global Investors

Morocco must revitalize its financial sector to enhance its appeal as a business hub, according to the Milken Institute's 2024 Global Opportunity Index (GOI). Despite efforts to improve business allure, Morocco ranks 80th out of 129 countries in business infrastructure. The GOI evaluates countries......

Morocco Ranks 113th in 2024 World Citizenship Report

Morocco has secured the 113th spot among 188 nations in the latest 2024 World Citizenship Report, published by consultancy CS Global Partners. This comprehensive report evaluates countries based on five key motivators for high-net-worth individuals (HNWIs): safety, economic opportunity, quality of life,......

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