Economy

In 2024, global crude oil exports experienced a 2% decline, marking the first decrease since the COVID-19 pandemic, according to shipping data. This reduction is attributed to slower demand growth and significant changes in refinery operations and pipeline routes. The global oil market has faced disruptions......

Elon Musk’s role in fostering international business relationships has positioned him as a potential intermediary in global trade dynamics, particularly between the United States and China. His unique ties to both nations highlight his influence not only as a business leader but also as a figure......

In 2024, Bitcoin experienced an extraordinary performance, rising more than 120%, driven by two pivotal events: the approval of Spot ETFs by U.S. regulators and the anticipation of a potential return of Donald Trump as President. This remarkable surge solidified Bitcoin's dominance in the cryptocurrency......

Morocco is positioning itself to become the world's leading exporter of electric batteries by 2030, according to a recent report from a Belgian journal. This ambitious plan focuses on tapping into the European and American markets, placing the country at the heart of the global transformation of......

The U.S. dollar is poised to achieve its best annual performance in nearly a decade, supported by a combination of economic strength and growing demand. Throughout the year, the dollar has seen a significant appreciation of 7%, marking its most substantial rise since 2015. This surge has led to a decline......

Morocco has joined over 20 nations expressing interest in BRICS membership, according to Russian Presidential Advisor Yuri Ushakov's announcement during a Monday press conference. The development follows October's Kazan Summit, where BRICS partners established a new partnership framework enabling......

The proposed $15 billion acquisition of US Steel by Japan’s Nippon Steel has reached a critical juncture, leaving the final decision in the hands of United States President Joe Biden. This development comes after the Committee on Foreign Investment in the United States (CFIUS) failed to reach a......

Morocco's inflation rate is projected to decline significantly, reaching a five-year low of 1% in the fourth quarter of 2024, according to Bank Al-Maghrib (BAM), the country's central bank. This marks a substantial improvement from the 6.1% rate recorded in 2023. Core inflation, excluding volatile......

Starbucks employees are set to strike in three major U.S. cities this Friday, with union leaders warning that the action could spread nationwide in the busy days leading up to Christmas. The strike will initially affect locations in Los Angeles, Chicago, and the company's home city of Seattle. This......

Bitcoin, which has been soaring to record highs in recent weeks, experienced a significant decline, losing approximately $8,000 in value. This drop follows key decisions by the U.S. Federal Reserve, led by Chair Jerome Powell, that unsettled investors. Interest rate cuts spark concerns On December......

The Federal Reserve is poised to announce a quarter-point reduction in its benchmark interest rate, lowering it from approximately 4.6% to around 4.3%. While this marks a continuation of recent cuts, the pace of rate reductions is expected to slow in 2025, signaling a shift in the central bank's......

The United Kingdom officially became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday. This milestone marks a significant step in the UK's post-Brexit strategy to deepen economic ties in the Asia-Pacific region and expand its global trade......

The Bitcoin market is currently experiencing a period of mixed signals, as the cryptocurrency undergoes dramatic fluctuations. After crossing the symbolic threshold of $100,000 in early December 2024, Bitcoin has since retreated to around $95,000 ($95,478.63 at the time of writing). This price swing......