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EU and US Seek Urgent Trade Deal as Trump Delays Tariffs

European Commission President Ursula von der Leyen announced on Sunday that she had a productive phone conversation with U.S. President Donald Trump, leading to a temporary postponement of proposed tariffs on EU imports. Trump had recently threatened a 50% tariff on all goods coming from the European......

ONEE secures €300 million from European partners for grid expansion

Morocco’s National Office of Electricity and Drinking Water (ONEE) has announced a significant €300 million financing package aimed at modernizing and extending the national electricity transport network. This funding, provided by the European Investment Bank (EIB), the German Development......

Morocco ranks fourth globally for Schengen visa applications in 2024

Morocco has secured the fourth position worldwide for Schengen visa applications in 2024, following only China, India, and Turkey in the global ranking, according to recent data. SchengenVisaInfo reveals that 11,716,723 Schengen visa applications were submitted to EU countries in 2024, marking a 13.5%......

G7 seeks unity beyond tariffs in Canada meeting

Finance leaders from the G7 nations will convene this week in Banff, Alberta, aiming to project unity on issues that go beyond U.S. President Donald Trump's recent tariff hikes. Their agenda includes economic security, support for Ukraine, collaboration on artificial intelligence, and backing for......

Surge in copper theft disrupts Spain's railways: Unraveling the crisis

The recent theft of copper cables on Spain's railways has sparked chaos for countless train passengers, highlighting a troubling trend of rising crime. This article delves into the alarming frequency of such incidents, the motivations behind them, and the significant repercussions for Spain's......

Americans lead foreign property purchases in Spain

New data reveals that American nationals are paying significantly more for homes in Spain than most other foreigners, with the second half of 2024 witnessing a remarkable surge in property prices. This trend has sparked concerns about the ongoing housing crisis in the country, which has been identified......

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......

Spain's response to U.S. tariffs on EU imports

The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......

China vows strong resistance as Trump threatens 50 percent tariff

China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......

Trump tariffs sow fears of trade wars, recession, and a $2,300 iPhone

Global concern mounted after U.S. President Donald Trump unveiled sweeping tariffs, sparking fears of a global recession and sharply higher prices in the American market. Financial markets around the world plunged in response, while leaders from major economies criticized the move as a blow to decades......

Trump imposes 25% tariffs on cars, escalating trade conflict

U.S. President Donald Trump has introduced a 25% tariff on imported cars and automotive parts, marking a significant escalation in the ongoing trade war. During his announcement at the White House, Trump framed the tariffs as a necessary action to reclaim economic losses from foreign nations that have......

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......

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