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Economy


Ukraine's Power Grid Revival: EU's $39 Billion Loan to Rebuild Critical Infrastructure

In a significant move, the European Union has committed to providing Ukraine with a substantial loan of up to $39 billion to rebuild its power grid, which has been severely damaged by relentless Russian attacks. This financial support is part of a broader initiative by the Group of Seven (G7) nations......

Moroccan Fertilizer Industry: A Strategic Move Unveils New Horizons

In a significant development, the Moroccan fertilizer industry has received a boost, courtesy of a strategic decision by a prominent US company. This move has not only strengthened the industry's position but also opened up new avenues for growth and collaboration. The US-based firm, known for its......

Biden's Trade Policy Shift: A Potential Price Hike for Shein and Temu

The popular e-tailers Shein and Temu, known for their incredibly low prices, may soon face a significant shift in their pricing strategy as the Biden administration takes aim at a trade law loophole that has benefited these Chinese-linked retailers. This move could result in a substantial increase in......

Morocco and Egypt Dominate U.S. Thermal Coal Exports to Africa

In a notable development within the global energy market, Morocco and Egypt have emerged as the leading recipients of American thermal coal exports to Africa, collectively accounting for an impressive 98% of the total shipments to the continent.  Recent data from the U.S. Energy Information Administration,......

Morocco's Coal Imports Surge: A Shift in African Energy Dynamics

In a significant development for African energy markets, Morocco has emerged as the continent's leading importer of U.S. thermal coal during the first half of 2024. The North African nation's purchases have skyrocketed to 2.8 million tonnes, marking a remarkable 100% increase from the previous......

Royal Air Maroc Faces Flight Disruptions Amid Paris-Orly Airport Technical Glitch

Morocco's national carrier, Royal Air Maroc (RAM), announced that eight of its flights were affected by a technical issue at Paris-Orly airport on September 5, 2024. The airline took to social media to inform passengers that the problem was beyond their control. "Several Royal Air Maroc flights......

Morocco's Economic Ascent: Navigating Reforms for Future Growth

Morocco is charting a promising path toward growth and stability, propelled by strategic reforms and key sectors such as automotive and tourism, according to a recent report by Geopolitical Intelligence Services (GIS). These efforts, alongside hosting the 2030 World Cup, are set to enhance Morocco's......

US-Morocco Free Trade Agreement: 20 Years On, Economic Gains Fall Short of Expectations

Two decades after the United States and Morocco inked their Free Trade Agreement (FTA), the economic landscape presents a mixed picture. While bilateral trade has surged from $1.3 billion in 2006 to $5.5 billion in 2023, the anticipated economic windfall for Morocco remains elusive, according to a recent......

Harris Advocates for Tax on Unrealized Stock Gains for Ultra-Wealthy

Vice President Kamala Harris has recently endorsed a Biden administration plan that includes a tax on unrealized stock gains, sparking debate among conservative pundits and Trump supporters who argue that the proposal amounts to socialism or communism. The plan aims to impose a tax on stock holdings......

Canada Implements 100% Tariff on Chinese-Made Electric Vehicles, Aligning with U.S. Policy  

Canada has announced a 100% tariff on imports of Chinese-made electric vehicles, aligning with the United States’ stance. The move follows concerns from Western governments regarding China’s subsidies, which they argue provide an unfair advantage to Chinese industries.   This decision......

Debate Ignites Over Federal Price-Gouging Ban as States Lead the Way

In a heated exchange that has captured national attention, former President Donald Trump has denounced Vice President Kamala Harris' proposal for a federal ban on food price gouging, labeling it as "communist" price controls. However, experts argue that this characterization misses the......

Economic Pulse of America: Trump's Struggles and Harris's Fresh Approach in the 2024 Presidential Race

The 2024 U.S. presidential race has taken an unexpected turn, dramatically shifting the political landscape. Donald Trump, the Republican frontrunner, finds himself grappling with a changing narrative, while Kamala Harris, newly thrust into the spotlight as the Democratic candidate, brings a fresh dynamic......

Kamala Harris's Economic Tightrope: Navigating Challenges as Presidential Contender

As Kamala Harris gains momentum in the United States presidential race, surpassing Republican opponent Donald Trump in polls across five crucial swing states, economic experts are raising concerns about the potential hurdles she may encounter in implementing her fiscal agenda. The year 2025 looms as......