Economy



Venezuela unveils details of a 25-year oil agreement with the United States

Venezuela’s interim president Delcy Rodríguez has outlined details of a proposed long-term oil agreement with the United States, describing it as a 25-year bilateral project aimed at reviving the country’s energy sector and strengthening public revenues. According to Rodríguez,......

Trump announces major oil agreement giving the United States a stake in Venezuela’s reserves

U.S. President Donald Trump has announced a new oil agreement with Venezuela that he says will give American interests majority control over more than 65 billion barrels of the country’s proven oil reserves. Trump announced the deal on Friday through his Truth Social account, describing it as......

Phosphate Fertilizers: Moroccan Giant OCP Builds Its First U.S. Plant in 40 Years

In the face of geopolitical turmoil and global food security challenges, the Moroccan group OCP is making a strategic move on the American continent. Through its North American subsidiary, the global phosphate giant is partnering with the agricultural cooperative CHS to realize a major industrial project:......

Public Finances: Why Morocco is Among the 16 African Countries Meeting U.S. Standards

Morocco once again stands out in the realm of public finance transparency. According to the Fiscal Transparency Report 2026 from the U.S. State Department, the Kingdom is among the 16 African countries considered compliant with the minimum requirements set by Washington for budget transparency. This......

Eric Trump denies rumors of a new cryptocurrency for the family

Eric Trump has rejected claims circulating on social media that his family is preparing to launch a new cryptocurrency, describing the allegations as an outright scam aimed at misleading potential investors. The statement was published on X on August 22 in response to a post from an account identified......

Trump reports more than 1,000 financial transactions in June

U.S. President Donald Trump carried out more than 1,000 reported securities transactions in June, according to a recent financial disclosure, highlighting the scale of his investment activity while renewing attention to the relationship between his private wealth and his public responsibilities. The......

U.S. government may face unpopular choices as national debt surpasses $40 trillion

The United States is facing growing pressure to address its rapidly increasing national debt, which has exceeded $40 trillion, raising concerns that lawmakers could eventually be forced to adopt politically difficult measures to stabilize the country’s finances. The warning comes as the federal......

Morocco–United States: Rising Freight Costs Challenge Logistics Competitiveness

The new increase announced by CMA CGM for shipments to the United States will add to the logistics costs for Moroccan exporters starting September 2026. However, this pressure on maritime transport does not undermine the Kingdom's main competitive advantages: a leading port platform around Tanger Med,......

More than 660 million barrels of oil cross the Strait of Hormuz with US military support

More than 660 million barrels of crude oil have reportedly crossed the Strait of Hormuz aboard commercial tankers since early May, despite continuing security concerns and threats to maritime traffic in one of the world's most important energy corridors. According to U.S. Central Command, American......

US economy accelerates to strongest pace in more than four years

The U.S. economy gained momentum in August, with business activity expanding at its fastest pace in more than four years as stronger demand and improved corporate expectations supported hiring and overall economic growth. Preliminary data from S&P Global showed that the composite Purchasing Managers’......

New York manufacturing reaches strongest level since 2021 despite rising production costs

Manufacturing activity in New York strengthened significantly in August, reaching its highest level in several years as stronger demand and rising shipments supported the sector. The improvement came alongside growing pressure on companies from higher production costs. According to the Federal Reserve......

Data center boom puts pressure on power grid in US oil country

The rapid expansion of data centers is putting additional pressure on the electricity network in the Permian Basin of West Texas, where rising power consumption from oil and gas operations is coinciding with growing demand from the technology sector. The Permian Basin has experienced a significant increase......

Elon Musk warns that US debt could trigger a major economic crisis

Elon Musk has described the prospect of US public debt reaching $50 trillion as a serious warning for the American economy, endorsing a social media post that predicted severe consequences if government borrowing continues to rise. The SpaceX chief responded on X to a post featuring a chart projecting......

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