Economy
Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
The United States and Ukraine have intensified efforts to advance their joint post-war recovery strategy through the newly launched Reconstruction Investment Fund. During a high-level virtual meeting, Ukrainian Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent reviewed progress......
Mexico’s Congress has approved a sweeping package of tariff increases on imports from several Asian countries, marking a major shift in the country’s trade policy aimed at both protecting domestic producers and strengthening relations with the United States. Under the new legislation, import......
Billionaire hedge fund manager Chris Rokos has undertaken a major shift in his artificial intelligence investment strategy, signaling a decisive move toward chip manufacturing and away from software. Recent regulatory filings reveal that Rokos Capital dramatically increased its holdings in Nvidia while......
Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......
The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......
Morocco is set to revolutionize its trade and energy sectors with the inauguration of two major deepwater ports, Nador West Med and Dakhla Atlantique, as part of its ambitious infrastructure expansion program. These projects solidify Morocco’s role as a strategic gateway connecting Africa with......
Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......
The European Union has launched a €1.5 billion defence industry programme aimed at strengthening Europe’s military manufacturing capacity, securing supply chains, and integrating Ukraine more closely into the continent’s defence network. The European Defence Industry Programme (EDIP)......
British energy company Sound Energy PLC has announced a major milestone in Morocco’s Oriental region as the Tendrara gas project begins initial commissioning. The first gas has entered the gas gathering system at the TE-5 Horst production concession, preparing for long-term production into the......
China’s trade surplus has exceeded one trillion dollars for the first time, demonstrating the country’s resilience in global commerce despite continuous tariff pressure from the United States. According to data released by the General Administration of Customs, the surplus reached 1.08 trillion......
Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......
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