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Economy
Moroccan traditional handicrafts exports saw significant growth in 2025, with a 27% increase in the first two months of the year compared to the same period in 2024, totaling exports exceeding 231 million dirhams. This growth trend was particularly strong in January 2025, which saw a 31% increase compared......
Morocco is now caught in the midst of escalating global trade tensions, reflecting a complex geopolitical landscape. The European Commission has recently imposed significant compensatory duties on aluminum wheel exports from Morocco, a move interpreted by experts as a strategic signal aimed primarily......
A significant US trade mission is set to arrive in Morocco in May 2025, aimed at strengthening collaboration between the two nations in the agri-food export sector. This initiative underscores a shared commitment to enhancing trade and investment ties. Morocco’s ambassador to the US, Youssef Amrani,......
The rise of generative artificial intelligence (AI) is profoundly reshaping the workforce landscape. According to a recent article in the Harvard Business Review by Joseph Fuller, Matt Sigelman, and Michael Fenlon, an estimated 50 million jobs will be affected by this technology in the coming years.......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
The US Federal Reserve decided to maintain its interest rates on Wednesday, signaling caution amid ongoing economic uncertainty driven by President Donald Trump’s unpredictable tariff policies. The central bank kept its key lending rate steady between 4.25% and 4.50%. Along with this decision,......
Gold prices reached new heights on Tuesday morning, driven by a resurgence of violence in the Middle East. Tariffs imposed by Washington, along with retaliatory measures from affected countries, have dampened investor enthusiasm, prompting a shift towards safe-haven assets. Shortly after 9:20 AM, gold......
Morocco has made significant strides over the past 25 years in modernizing its infrastructure and diversifying its economy, as highlighted in a recent article by the Spanish financial daily, El Mundo Financiero. In its examination of "Morocco's industrial revolution," the publication emphasizes......
The recent decisions made by the Trump administration to drastically reduce funding for foreign aid through USAID are poised to have significant implications for humanitarian and economic development in Morocco. With the administration cutting over 90% of its foreign aid contracts and grants, various......
The United Kingdom’s economy experienced an unexpected contraction in January, with Gross Domestic Product (GDP) shrinking by 0.1% following a 0.4% increase in December, according to the Office for National Statistics (ONS). This economic downturn presents a fresh challenge for the government as......
South Korea has expressed concerns about an increase in "unfair trade practices" as a result of the new U.S. tariffs on steel and aluminum. In response, the South Korean government has promised to take a "strong response" to these measures. The United States began imposing a 25%......
For Americans contemplating a move to Spain, understanding the cost of living is crucial. Recent statistics reveal a significant trend: the number of Americans residing in Spain surged by 10,000 from 2022 to 2024. The growing appeal of Spain lies in various factors, including a favorable political climate,......
The United States has implemented new tariffs on steel and aluminum imports, further intensifying the global trade war initiated by President Donald Trump. As of Wednesday, all metal imports are now subject to a 25% tariff with no exemptions, and the duty on aluminum has increased from 10%. The expiration......
