Economy
U.S. President Donald Trump has announced that tariffs will soon be imposed on imports from the European Union (EU) and the United Kingdom (UK), despite hinting at the possibility of a trade agreement with Britain. The tariffs, set to come into effect on Tuesday, have already triggered global market......
Amidst escalating trade tensions, U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Canada and Mexico swiftly retaliated, enacting their own tariffs on U.S. products. However, China's reaction stood out as relatively restrained. China's Ministry of Commerce refrained......
In a significant shift in international trade policy, US President Donald Trump has announced substantial tariffs on imports from Mexico, Canada, and China. The sweeping measures, revealed on Saturday, impose a 25% tariff on Mexican and most Canadian imports, while Chinese goods will face a 10% tariff......
US President Donald Trump's decision to implement hefty tariffs on imports from Mexico, Canada, and China has ignited a trade war among North American allies, with swift retaliatory measures from both countries. Trump cited the need to protect American citizens and curb the illicit fentanyl trade,......
Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......
In 2024, global air passenger traffic reached a historic high, with a year-on-year increase of over 10% and around 4% growth compared to 2019, the pre-pandemic reference year, according to the International Air Transport Association (IATA). The total for 2024 amounted to 4.89 billion passenger kilometers,......
Japan is contemplating backing a $44 billion gas pipeline project in Alaska as part of efforts to strengthen its relationship with U.S. President Donald Trump and avoid potential trade conflicts. Japanese officials anticipate that Trump may bring up the project, which he believes is essential for U.S.......
The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......
Morocco's citrus industry has achieved remarkable success in 2024, establishing itself as a key orange supplier to the United States and European markets. After facing significant challenges in 2023, the country's orange exports have reached unprecedented levels. According to East Fruit analytics,......
Global natural gas consumption reached a historic high in 2024, according to the International Energy Agency (IEA), which anticipates a "tight" market in 2025. The world consumed 115 billion cubic meters more natural gas than in 2023, a 2.8% increase, well above the average growth rate of 2%......
The cryptocurrency Bitcoin reached unprecedented heights Monday, touching USD 110,000 per bitcoin as Donald Trump prepared to return to the White House. The surge coincided with the weekend launch of new cryptocurrency tokens by Donald and Melania Trump. The Trump-linked tokens, categorized as "meme......
Bitcoin has reached a groundbreaking value, climbing to a record high of $109,000 on the eve of a significant political event in the United States. This surge coincides with preparations for the inauguration of Donald Trump as the new president. The cryptocurrency experienced an unprecedented rise to......
According to a report released on Thursday by the World Bank, global economic growth is projected to be moderate in 2025 and 2026, with an expected growth rate of 2.7%. This aligns with the anticipated growth for 2024. Additionally, emerging economies are expected to experience a 4% growth rate during......
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