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Economy



Barcelona airport to undergo €3.2 billion expansion to boost global connectivity

Spain’s airport operator Aena has received approval from the Catalan government to move forward with a €3.2 billion expansion of Josep Tarradellas Barcelona-El Prat Airport. The project, announced by Catalonia’s socialist president Salvador Illa, is set to transform the airport into......

Netflix to invest over €1 billion in Spain to boost local productions

Netflix, the US-based streaming giant, has announced plans to invest €1.1 billion in Spain’s audiovisual sector between 2025 and 2029. The announcement underscores Spain’s growing importance as a creative hub for global film and television production in Europe. Speaking at Netflix's......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......

Royal Air Maroc nears major Boeing deal with Airbus entry after 25 years

Royal Air Maroc (RAM) is preparing to modernize and expand its fleet through a substantial deal with Boeing and a smaller order with Airbus, marking a transformative step for Morocco's national carrier. Boeing leads negotiations; Airbus returns after decades According to industry sources cited......

US-China Agree on ‘Framework’ on Trade After Talks in London

The United States and China have reached a preliminary agreement on trade following two days of discussions in London aimed at easing tensions between the two nations. While the details of the framework, announced on Tuesday, remain vague, this development comes a month after both countries agreed to......

US and China resume talks in London to prevent trade war

Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......

Sino-American trade talks set for Monday in London

The United States and China are scheduled to hold trade discussions on Monday in London, according to U.S. President Donald Trump, who shared the news on his platform Truth Social. These talks aim to reach a trade agreement between the two largest global economies. President Trump announced that the......

Crypto cashback cards: integrating digital assets into daily spending

Crypto-friendly cards reshape payment habits The convergence of cryptocurrency and traditional finance continues to produce innovative solutions. Among the most impactful is the emergence of crypto-friendly payment cards. These tools offer a practical gateway between digital currencies and real-world......

Productive call between US and China on trade deal

The President shared that he recently held a constructive phone conversation with President Xi of China, focusing on the recently finalized trade agreement. The discussion lasted about an hour and a half and concluded positively for both nations. The conversation addressed the complexities surrounding......

Trump tax-cut plan estimated to add $2.4 trillion to national debt

The nonpartisan Congressional Budget Office (CBO) revised its forecast on Wednesday, lowering the expected cost of President Donald Trump’s tax-cut and spending legislation. The updated projection estimates the plan will increase the national debt by approximately $2.4 trillion, down from a previous......

Trump Doubles Tariffs on Steel and Aluminum to 50 amid Growing Trade Tensions

U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......

Chinese tire giant Yongsheng to build major factory in Morocco's Kenitra

Shandong Yongsheng Rubber, a leading Chinese tire manufacturer, has confirmed plans to establish a tire production facility in Morocco’s Kenitra Automotive City. Founded in 1986, the company seeks to expand globally by leveraging Morocco’s geographic and trade advantages. The factory will......

U.S. court blocks Trump's sweeping tariffs: A pivotal legal decision

A U.S. federal court has delivered a significant blow to President Donald Trump's economic agenda by blocking his sweeping tariffs, a central feature of his trade policy. The Court of International Trade ruled that the emergency powers invoked by the White House did not grant the president unilateral......

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