Economy
Morocco ranked second in Africa for electric vehicle sales in 2025, with 5,500 units registered, according to data covering continental EV trends. The country accounted for 22% of Africa’s estimated 25,000 electric vehicles sold during the year, placing it behind Egypt and ahead of South Africa.......
Wael Sawan, chief executive of Shell, has warned that the blockage of the Strait of Hormuz is driving a severe shock across global energy supply chains. The disruption comes amid escalating tensions involving Iran, the United States, and Israel, which have destabilised one of the world’s most critical......
Gold declined sharply and moved below 4,200 dollars per ounce for the first time since late March. The metal traded at 4,190.62 dollars, marking a daily drop of 1.65 percent. The move extended a broader selloff that has erased the year to date gains in gold and challenged its role as a safe haven during......
Global debt markets are undergoing a structural shift driven by the rapid expansion of artificial intelligence infrastructure spending. Morgan Stanley estimates that global AI-related debt issuance will rise to nearly $570 billion in 2026, more than doubling from previous levels as major technology companies......
The Houthi movement in Yemen announced a full ban on Israeli maritime navigation in the Red Sea, escalating tensions across one of the world’s most strategic shipping corridors. The declaration came alongside immediate missile attacks on commercial vessels operating in the Gulf of Aden, marking......
Goldman Sachs has increased its long-term forecast for the global artificial intelligence server market to 1.24 trillion dollars by 2030. The new estimate marks an 18 percent upward revision from a previous projection of 961 billion dollars. The adjustment reflects accelerating demand for computing infrastructure......
Gold and silver fell sharply to their lowest levels of 2026 after the United States carried out military strikes against Iran. The move followed a period of rising geopolitical tension in the Middle East and triggered a broad selloff across precious metals markets already sensitive to interest rate expectations. Gold......
Oil prices fell to their lowest level in seven weeks after Iran and Israel announced a halt to their mutual attacks, easing fears of a wider regional disruption to energy supplies. The decline erased earlier gains triggered by renewed hostilities between the two sides, which had briefly pushed crude......
Arthur Hayes, cofounder of BitMEX, argues that bitcoin will not stage a durable recovery until the artificial intelligence investment boom collapses. In a recent essay, he links crypto market weakness to the scale of capital flowing into AI infrastructure and the way it has reshaped global liquidity......
Bitcoin recorded its sharpest weekly decline in more than three years after a wave of capital rotation away from crypto assets toward artificial intelligence equities and upcoming mega listings. The cryptocurrency fell roughly 14 percent over a short trading window, sliding from around 67,000 dollars......
US financial markets fell sharply after a stronger-than-expected employment report signaled continued economic resilience and reduced expectations for near-term interest rate cuts. The US economy added 172,000 jobs in May, nearly double economists’ forecasts of 80,000 to 85,000. The unemployment......
Trade between China and Morocco is entering a new phase as both countries prepare to deepen economic cooperation under a widening network of industrial and commercial exchanges. A major China-Africa economic and trade exhibition is scheduled to take place in Casablanca from June 10 to June 12, bringing......
Asian equity markets advanced after Israel and Iran announced a halt to direct military strikes, easing fears that had driven volatility across global financial systems. The de-escalation offered investors a temporary relief from energy supply risks and geopolitical uncertainty that had weighed on sentiment......
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