Economy
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......
United States President Donald Trump has refrained from predicting whether the country is headed for a recession as concerns mount over his economic policies. In an interview with Fox News on Sunday, Trump sidestepped questions about a potential downturn, stating, “I hate to predict things like......
US President Donald Trump's trade policies have recently cast a shadow over Europe, with the potential for 25 percent tariffs on EU-made goods. This move, which Trump claims is necessary to rectify what he perceives as unfair trade practices, has significant implications for various sectors in Spain,......
The imposition of tariffs by the US administration on goods imported from Canada is jeopardizing jobs in both countries, warns the Canadian union Unifor. “These tariffs will harm workers by increasing the cost of everyday goods, destroy jobs on both sides of the border, and have devastating consequences......
China is intensifying its economic growth efforts as it navigates rapid global changes and rising trade tensions with the United States. The country has introduced additional fiscal stimulus, prioritizing domestic consumption and economic stability while aiming for a 5% growth rate in 2025. Premier......
The Trump administration has followed through on its threat to impose tariffs on Canadian goods. As of Tuesday, a 25% tariff on most Canadian imports (except energy, which faces a 10% tariff) has been enacted. In addition, Mexico and China have also experienced increased tariffs, with Mexico facing a......
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