Ukraine agrees to key terms of U.S.-brokered peace deal amid ongoing conflict
Ukraine has reached an agreement on the core terms of a peace proposal brokered by the United States, marking a significant step toward resolving the nearly four-year war with Russia. While key details of the deal remain to be finalized, Ukrainian officials confirmed a shared understanding with American counterparts after talks in Geneva and......
Russia considers debt relief to support struggling railway giant
Russia is evaluating a rescue package for its state-owned rail company, Russian Railways, which faces an overwhelming debt burden of 4 trillion roubles ($51 billion). The company, the country’s largest commercial employer with 700,000 staff, has seen revenue decline amid a slowdown in the wartime economy, while servicing costs have soared......
Romania scrambles NATO jets after deepest Russian drone incursion amid Ukraine attack
Romania responded with German Eurofighter Typhoons and Romanian F-16 fighter jets after two Russian drones penetrated its airspace near the border with Ukraine during a large-scale Russian assault on Ukraine. One drone flew more than 100 kilometers inland into Romanian territory, marking the deepest known violation of NATO airspace since the......
Alibaba cloud and AI fuel revenue growth despite profit decline
Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven by soaring demand for AI-powered services......
Albert Watson's 50-year career showcased in groundbreaking monograph and Paris exhibition
Celebrating five decades of work, renowned photographer Albert Watson unveils a comprehensive monograph titled “Kaos,” alongside an exhibition in Paris. Published by Taschen, the 400-page book offers an eclectic selection of Watson’s noted images. You see celebrity portraits, fashion, landscapes, and conceptual photography.......
Oil market faces historic oversupply as prices head lower through 2027
Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented rate. JPMorgan Chase &......
TSMC to boost Taiwan’s semiconductor leadership with three new 2-nanometer fabs
Taiwan Semiconductor Manufacturing Company (TSMC) is set to significantly expand its 2-nanometer chip manufacturing capacity by constructing three additional fabs in Taiwan’s Southern Science Park. This ambitious expansion will increase TSMC’s total 2nm fab count in Taiwan from seven to ten, reflecting the surging demand for advanced......
Mountain climate shift puts billions at risk
Mountain regions are now warming faster than the rest of the planet, disrupting water supplies, destabilising slopes and putting both local communities and billions of downstream residents at growing risk. Climate change in the mountains A major international review of “elevation dependent climate change” finds that temperatures......
Serbia’s oil refinery halts operations amid US sanctions and ownership uncertainty
Serbia’s only oil refinery, operated by the Russian-majority-owned Petroleum Industry of Serbia (NIS), has stopped processing crude oil due to halted supplies caused by US sanctions. The sanctions, which took full effect on October 8 following multiple postponements, have led to banks ceasing payment processing for NIS and the Croatian......
Morocco edges past Philippines to keep Women’s Futsal World Cup dreams alive
The Moroccan women’s futsal team secured a crucial 3-2 victory over the Philippines in the second round of the FIFA Women’s Futsal World Cup 2025 group stage. The match, held on Monday in Pasig City, Philippines, marked a strong comeback for Morocco following their opening-day loss to Argentina. Goals from Nadia Lafath, Souhaib......
Messi propels Inter Miami to historic conference final, surpassing 1,300 career contributions
Lionel Messi delivered a masterclass performance in Major League Soccer, leading Inter Miami to their first-ever Conference Final. The Argentine icon was instrumental in the semifinal against Cincinnati, scoring one goal and assisting three, showcasing his unmatched ability to both create and finish opportunities under pressure. Messi’s......
Al Barid Bank partners with Taptap Send to transform money transfers for Moroccan diaspora
Al Barid Bank and Taptap Send have established a strategic partnership to enhance international money transfer services to Morocco, offering a fast, secure, and cost-effective solution for the Moroccan diaspora. This collaboration enables Moroccans residing in Europe, North America, Australia, the United Kingdom, and the UAE to send funds......
Africa redefines global mineral dynamics at IMC 2025 in Marrakech
In Marrakech, the 2025 International Mining Congress & Exhibition (IMC) opened with a bold message: Africa is indispensable to the world’s future, and it is taking control of its role in the global mineral economy. The event brought together industry leaders, policymakers, and international delegations to address the continent’s......
Morocco seeks key role at global maritime assembly in London
Morocco has joined global maritime leaders at the 34th Assembly of the International Maritime Organization (IMO), which commenced today in London. The high-level meeting brings together representatives from member states to shape the future of the maritime sector, a critical element of the global economy. Leading the Moroccan delegation is......
Morocco secures $800 million investment for polysilicon plant in Tan-Tan
Morocco has signed a landmark investment agreement to establish a polysilicon production plant in Tan-Tan, marking the first major industrial project of its kind in the region. With an investment of MAD 8 billion (approximately $800 million), the plant is set to boost local development and position Morocco as a leader in renewable energy. Strategic......