US trade deficit hits $1.24 trillion in 2025 despite tariffs

The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with key international partners. In December,......

Italy surpasses France in GDP per capita, signaling shifting economic dynamics in Europe

For the first time in recent history, Italy has overtaken France in gross domestic product per capita, marking a notable shift in Europe’s economic landscape. The development reflects diverging growth trajectories between the two eurozone economies. In 2019, France stood above the average GDP per capita of the European Union, signaling......

European stocks slip as oil surges on US Iran tensions

European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading, hovering around 628 points after......

France and India must shape AI rules together, says Emmanuel Macron

French President Emmanuel Macron has called for closer cooperation between France and India to help shape global rules governing artificial intelligence, warning that the technology has become a decisive arena of strategic competition. Speaking at a high-level AI summit in New Delhi, Macron stressed that artificial intelligence is no longer......

Renault posts €10 billion loss amid solid underlying performance

Renault Group has reported a net loss of €10 billion, a headline figure that contrasts sharply with what executives describe as one of the strongest financial positions in the company’s history. The discrepancy is largely the result of exceptional accounting charges tied to Renault’s withdrawal from the Russian market in 2022. That......

Morocco takes part in global artificial intelligence summit in New Delhi

Morocco is participating in the Global Artificial Intelligence Summit, which opened Thursday in New Delhi under the patronage of Indian Prime Minister Narendra Modi, bringing together political leaders and technology executives to discuss the future of AI and its governance. The Moroccan delegation is led by Amal El Fallah Seghrouchni, Minister......

France welcomes 102 million international visitors in 2025, government says

France confirmed its position as the world’s most visited country in 2025, welcoming 102 million international visitors, according to figures released by the French Ministry of Tourism. The total marks an increase from 100 million foreign arrivals in 2024 and generated a record €77.5 billion in international tourism revenue, up......

Nezha Hayat: The architect of Morocco's investment future

From the trading floors of Madrid to the pinnacle of Moroccan sovereign finance, Nezha Hayat’s four decade career has reshaped the Kingdom’s approach to investment, capital markets, and economic growth. Her journey, marked by groundbreaking achievements, culminated in her appointment as Director General of the Mohammed VI Investment......

Anne Claire Legendre appointed president of the Arab World Institute

French diplomat Anne Claire Legendre, a close adviser to President Emmanuel Macron, has been appointed president of the Arab World Institute, days after the resignation of Jack Lang. Originally from Brittany, the 46 year old career diplomat speaks Arabic, a language she studied at the National Institute for Oriental Languages and Civilizations......

US energy secretary urges IEA to drop climate focus at Paris meeting

US Energy Secretary Chris Wright called on the International Energy Agency to abandon its climate related work during the organization’s ministerial meeting in Paris on Wednesday, escalating tensions that could lead Washington to withdraw from the influential global energy body. Speaking at the biennial gathering of energy ministers......

Mistral CEO says over half of enterprise software will shift to AI

Arthur Mensch, chief executive of Mistral AI, said more than half of today’s enterprise software spending could migrate to artificial intelligence driven solutions, offering one of the clearest forecasts yet on how deeply AI may reshape the software industry. Speaking at the India AI Impact Summit in New Delhi on Wednesday, Mensch told......

LFI headquarters in Paris evacuated after bomb threat, says Manuel Bompard

The national headquarters of La France insoumise (LFI) in Paris was evacuated on Wednesday following a bomb threat, according to party coordinator Manuel Bompard. In a message published on social media, Bompard stated that police were deployed to the scene and that all staff members and activists present in the building had been brought to......

Ireland, India and UK move toward social media age limits

Governments across Europe and Asia are preparing to tighten restrictions on minors’ access to social media, drawing momentum from Australia’s landmark ban that has led to the removal of 4.7 million accounts belonging to users under 16 since December. Ireland’s Cabinet is expected to confirm plans for age based limits as......

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