The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
More than 3,200 union workers responsible for assembling Boeing fighter jets in the St. Louis area and Illinois initiated a strike on Monday after rejecting a revised contract proposal. This marks the second rejection in just over a week. Boeing's response and contingency measures Boeing Defense......
The United States is moving forward with a $5 billion investment plan aimed at fostering socio-economic development in Morocco’s southern provinces, located in the disputed Sahara region. The initiative underscores Washington’s ongoing support for Morocco’s territorial integrity and......
Morocco's aerospace industry has continued its remarkable growth, with exports reaching MAD 14.13 billion ($1.41 billion) during the first six months of 2025, an 8.8% increase compared to the same period last year, according to the Office des Changes. Decade of transformative growth The sector’s......
The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......
Spanish Prime Minister Pedro Sánchez announced on Monday his conditional support for the recently concluded European Union trade deal with the United States, though he admitted doing so “without any enthusiasm.” The agreement, brokered on Sunday by US President Donald Trump and European......
Royal Air Maroc (RAM) has expanded its fleet with the delivery of two Boeing 737 MAX 8 aircraft, marking a significant step in the airline's growth strategy. The new planes, received on Thursday, are part of the company’s broader plan to modernize its operations and prepare for major international......
Morocco's trade exchanges with global markets recorded a notable increase of 6.3% in 2024, yet Europe retained its position as the country's dominant trade partner, despite a modest decline in its overall share. New data from Morocco’s Exchange Office reveals that European partners accounted......
XRP and Bitcoin remain at the forefront of the cryptocurrency world in 2025, showcasing their unique strengths in revolutionizing global financial systems. Despite their differences, both cryptocurrencies have gained prominence for their ability to store and transfer value across borders efficiently. This......
Spain’s Beckham Law, offering a flat 24 percent tax rate for eligible foreigners, has long attracted international professionals and investors. However, recent scrutiny and legal challenges have led many to explore other legitimate tax-saving options. Here’s a look at some of the alternatives......
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......
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