Economy



Africa pushes for greater influence in shaping its future

African leaders, policymakers, and development experts are increasingly advocating a model of growth that places African priorities at the center of international decision-making. Discussions at the Paris Peace Forum Spring Meetings in Rabat focused on how the continent can respond to geopolitical tensions,......

Royal Air Maroc expands fleet with Embraer E190 delivery

Royal Air Maroc is preparing to strengthen its regional fleet with the addition of an Embraer E190 aircraft, marking another step in its ongoing capacity expansion strategy. The move is part of a wider effort to modernize operations and increase connectivity across domestic and regional routes. The......

United Kingdom projects oil at 100 dollars through 2028

The United Kingdom government expects global oil prices to remain near 100 dollars per barrel through 2028, even if a peace agreement is reached between the United States and Iran, according to internal projections. The assessment signals a prolonged period of elevated energy costs driven by slow recovery......

Oman suspends oil exports after Mina al Fahal explosion

Oman has halted crude loading operations at its Mina al Fahal export terminal following an explosion near its offshore mooring buoys, disrupting a key node in global oil supply chains. The incident has added new pressure to already strained energy markets, where supply disruptions across the Middle East......

India and United States move closer to first phase of trade agreement

India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified......

Trafigura warns global oil supply loss deepens crisis

Global oil markets are facing severe disruption as major institutions warn of an accelerating supply shock linked to geopolitical conflict and restricted maritime flows. The International Energy Agency has cautioned that crude markets could enter a critical shortage phase within weeks if key transport......

Bitcoin falls to lowest level since February selloff intensifies

Bitcoin dropped to its weakest level since February on Wednesday as heavy selling from long-term holders and sustained outflows from spot exchange-traded funds extended a sharp market downturn. The cryptocurrency touched 61,300 dollars before stabilising near 63,000 dollars later in the session. The......

Iata set to slash airline profit outlook amid fuel shock

Global airline executives are gathering in Rio de Janeiro for a major industry meeting as the sector faces mounting pressure from a sharp rise in jet fuel costs linked to the war in Iran. The International Air Transport Association is expected to significantly cut its previous 2026 profit forecast of......

United States considers new tariffs targeting Morocco over forced labor allegations

The United States is considering the imposition of additional tariffs on several countries, including Morocco, over allegations related to insufficient measures against forced labor in global supply chains. According to a report by the Office of the United States Trade Representative (USTR), Morocco......

Bankless cofounder exits ether positions after thesis shift

David Hoffman, cofounder of Bankless, sold all of his ether holdings in mid May after years of public support for Ethereum. The move marked a clear break from one of the most visible long term advocates of the asset. He confirmed the decision through public statements and later interviews, drawing attention......

Gold edges higher as dollar weakens on Iran talks hopes

Gold prices rose slightly in Asian trading on Thursday as the US dollar softened, with investors reassessing the outlook for diplomacy between Washington and Tehran. The move followed a period of tight trading, with gold hovering near 4,485 dollars per ounce earlier in the week amid volatile geopolitical......

Citi says ETF outflows drive crypto market downturn

The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the......

Peter Schiff renews bitcoin crash warning below $66k

Bitcoin slipped below the 66,000 dollar level this week, reigniting concerns among market observers over the strength of its current support zone. The cryptocurrency traded around 66,280 dollars on Wednesday morning after briefly touching an intraday low near 65,708 dollars. The move placed renewed focus......

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