Economy

Gold prices surged to an all-time high on Tuesday as investors turned to safe-haven assets amid growing fears over new U.S. tariffs. Spot gold rose 0.6% to $3,143.05 per ounce after reaching a record $3,148.88 earlier in the session. Meanwhile, U.S. gold futures climbed 0.6% to $3,169.50. The metal......

Europe has a well-prepared response ready to counteract any tariff increases by the United States if necessary, according to Ursula von der Leyen, the president of the European Commission. In anticipation of President Donald Trump's announcement on April 2 regarding significant new tariffs, von der......

U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder”......

South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to boost regional trade amid the looming threat of U.S. President Donald Trump's tariffs. During the meeting, the three nations' trade ministers agreed to collaborate closely on high-level discussions......

Canadian Prime Minister Mark Carney declared the end of the historically close economic, security, and military relationship between Canada and the United States following the announcement of new auto tariffs by President Donald Trump. Trump’s decision to impose a 25% tariff on vehicle imports......

British Steel, a key player in the UK’s steel industry, recently confirmed that it would close its blast furnaces and steelmaking operations due to ongoing market challenges, tariffs, and rising environmental costs associated with high-carbon steel production. In an official statement, the company......

U.S. President Donald Trump has introduced a 25% tariff on imported cars and automotive parts, marking a significant escalation in the ongoing trade war. During his announcement at the White House, Trump framed the tariffs as a necessary action to reclaim economic losses from foreign nations that have......

Morocco is currently maneuvering through a landscape marked by diplomatic and trade challenges, amidst a backdrop of global economic uncertainty. The year 2025 unfolds with apprehensions regarding international trade, particularly as the U.S. administration under President Trump signals potential tariffs......

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......