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Volvo chief warns Europe’s car industry could face a Detroit-style decline
Volvo CEO Håkan Samuelsson has warned that Europe’s automotive industry risks losing industrial capacity if manufacturers continue to face high production costs and struggle to compete with lower-cost locations. In an interview with German business daily Handelsblatt, Samuelsson compared the situation with the decline of Detroit’s......
US opens up $7 billion financing window for Argentina’s energy and mining projects
The United States is preparing to make up to $7 billion in financing available for energy, mining and infrastructure projects in Argentina, strengthening economic ties with Buenos Aires while seeking to diversify supplies of energy and critical minerals away from China. The financing, to be provided through the U.S. Export-Import Bank (EXIM),......
FAO says it is too early to warn of a global coffee shortage
The Food and Agriculture Organization of the United Nations (FAO) says it is still too early to conclude that the strengthening El Niño weather pattern will trigger a global coffee shortage, despite growing concerns over its potential impact on major producing regions. The organization stressed that the eventual effect on global supplies......
Italy clears legal path for a return to nuclear power after nearly 40 years
Italy has taken a major step toward reviving nuclear energy after almost four decades without operating nuclear power plants. The Senate has given final approval to a framework law that restores a legal basis for the development of nuclear power, although the measure does not itself authorize the immediate construction of new reactors. The......
Morocco expands its economic partnerships from Latin America to Asia
Morocco is increasingly using trade and investment cooperation as part of a broader strategy to diversify its international partnerships, extending its economic reach from Latin America to Asia. Rather than focusing solely on opening new markets for Moroccan products, Rabat is developing a network of commercial relationships that can also......
At least 21 people shot by US immigration officers during Trump’s second term
At least 21 people have been shot by U.S. federal immigration officers since the beginning of President Donald Trump’s second term, according to an analysis based on ABC News reporting, statements from lawmakers and government records. The cases have intensified scrutiny of the use of force during the administration’s expanded......
Tech giants join Trump-Xi summit as trade and AI dominate US-China talks
U.S. President Donald Trump is hosting Chinese President Xi Jinping at the White House on Thursday for a high-profile state visit expected to focus on trade, critical minerals and artificial intelligence, with leading figures from the American technology sector also set to attend a state dinner in Washington. The White House said Xi and his......
Trump gives Xi Jinping a high-profile White House welcome as US-China tensions persist
US President Donald Trump is hosting Chinese President Xi Jinping in Washington for a high-profile state visit aimed at maintaining a fragile period of relative stability between the world’s two largest economies. Xi’s September 23–25 visit is his first trip to the White House in more than a decade and comes as Washington......
Middle East crisis deepens fears of a prolonged global gas supply squeeze
The disruption caused by the Middle East crisis is increasingly raising concerns that tight natural gas supplies could persist well beyond the coming winter, adding pressure to an already fragile global energy market. Industry representatives say the disruption of liquefied natural gas (LNG) flows from the Gulf is complicating efforts by major......
Bourita highlights Morocco’s approach to private investment and public-private partnerships for development
Morocco is placing greater emphasis on private investment and public-private partnerships as tools to support long-term development and respond to growing financing needs, Foreign Minister Nasser Bourita said in New York on Wednesday. Bourita made the remarks during a high-level event co-hosted by Morocco and the United Nations Development......
Bourita holds a series of bilateral meetings on sidelines of UN General Assembly
Morocco's Foreign Minister Nasser Bourita held a series of bilateral meetings in New York on Wednesday as part of Morocco's diplomatic activity on the sidelines of the 81st session of the United Nations General Assembly. Bourita met separately with Slovenia's Minister of Foreign and European Affairs Tone Kajzer and Malta's......
OpenAI launches GPT-6 Sol and Luna with lower costs and fewer errors
OpenAI has expanded its GPT-6 family with the launch of GPT-6 Sol and GPT-6 Luna, two models designed to bring some of the capabilities of its flagship GPT-6 Astra to a broader range of professional and everyday workloads. The company is placing particular emphasis on efficiency, lower operating costs and improvements in accuracy as competition......
At least 11 killed in shooting at house party near Durban
At least 11 people were killed and three others injured after three armed men opened fire during a house party in KwaMakhutha township, about 30 kilometres south of Durban, South Africa, police said. The attack took place late Tuesday night, sending investigators on a manhunt for the suspected gunmen. According to police, 14 people were inside......
US expands third-country deportations as more than 25,000 migrants are transferred
The United States has transferred more than 25,000 migrants to countries other than their countries of origin since Donald Trump returned to the White House, according to an international investigation examining the expansion of the administration’s third-country deportation policy. The investigation, coordinated by Forbidden Stories......
Morocco calls for stronger institutional support for victims of terrorism
Morocco has called for the creation of a dedicated institutional mechanism to provide more effective and sustained support to victims of terrorism, as Foreign Minister Nasser Bourita addressed a ministerial meeting of the Group of Friends of Victims of Terrorism in New York. Speaking on the sidelines of the United Nations General Assembly,......