Global markets rise ahead of US Iran nuclear talks in Geneva

Global equity markets advanced on Monday as investors looked past weekend geopolitical headlines and turned their focus to high stakes nuclear negotiations between the United States and Iran scheduled for Tuesday in Geneva, along with a busy week of corporate earnings led by major retail and agricultural......

Switzerland tops global financial secrecy index, sparking transparency debates

A recent global ranking places Switzerland at the forefront of financial secrecy, highlighting its robust legal and banking frameworks that shield private wealth from foreign tax authorities and judicial oversight. The Financial Secrecy Index assesses jurisdictions based on factors such as limited financial......

China leads world's largest foreign currency reserve holders

China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......

European stocks set for longest monthly winning streak since 2021

European stocks climbed on Friday, capping off their strongest January rally in years as robust earnings from Adidas and Swatch bolstered investor confidence amid lingering concerns over geopolitical tensions and U.S. trade policies. The pan-European STOXX 600 index rose in early trading and headed......

UBS raises gold forecast to $6,200 amid record highs

UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning......

Global leaders clash over trade, tariffs and technology at Davos

World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......

Trump heads to Davos amid EU tariff tensions over Greenland

President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......

Global supply chains enter era of permanent volatility

Global value chains have shifted into an era of enduring structural volatility, compelling businesses and governments to overhaul how products are produced and distributed worldwide. This transformation, detailed in a key report from the World Economic Forum released on January 19 during its 56th annual......

London and Paris stock markets end 2025 in negative territory

The London and Paris stock exchanges closed the final trading session of 2025 slightly lower, amid reduced activity and shortened trading hours ahead of New Year’s Eve. London’s benchmark index ended the session almost unchanged, slipping by 0.09%, while the Paris market recorded a decline......

Morocco hits record avocado exports, earning $300 million in one year

Morocco exported a record 112,000 tons of avocados between September 2024 and August 2025, marking a significant milestone in the country’s agricultural export sector. Data from EastFruit highlights that this represents a “new all-time high,” with export revenues surpassing $300 million......

Moroccan consortium secures $1.29 billion contract for Mohammed V airport expansion

Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......

Morocco and Switzerland launch economic cooperation program to boost jobs and competitiveness

Morocco and Switzerland have launched a four-year cooperation initiative aimed at strengthening economic competitiveness and creating sustainable employment opportunities through 2028. The program marks a new phase in bilateral relations, positioning Morocco as a priority country for Swiss economic cooperation......

Europe’s wealth tax: Which countries still enforce it?

The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......

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