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Keywords: Deficit


Trump's tariff threats and their implications on trade relations with the EU and UK

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......

Japan Considers Supporting Alaska LNG Pipeline to Strengthen U.S. Relations

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.......

U.S. economic growth slows but consumer spending remains strong

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 Tax Program Nets MAD 6 Billion in Treasury Funds

Morocco's voluntary asset disclosure initiative has generated MAD 6 billion for the public treasury from declared assets totaling MAD 127 billion, according to government spokesperson Mustapha Baitas during a Thursday press conference. The program has successfully strengthened relationships between......

Austrian Far-Right Leader Tasked with Forming Government

Austrian President Alexander Van der Bellen has tasked Herbert Kickl, leader of the far-right Freedom Party (FPO), with forming a coalition government after centrist efforts to establish a government collapsed. This decision comes despite Van der Bellen’s long-standing criticism of the FPO, reflecting......

France's Budgetary Urgency: A New Government's First Step

In France, the urgency surrounding the country’s budget was at the center of the first meeting of the new Cabinet. President Emmanuel Macron called on the Executive to display both "unity" and "boldness" to swiftly adopt a budget following the previous government's rejection.......

Morocco's Trade Gap Widens to $26.8 Billion Despite Export Growth in Key Sectors

Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......

Political Instability Deepens as France Installs Fourth Government of 2024

France unveiled its fourth government of 2024 on Monday, as newly appointed Prime Minister François Bayrou faces immediate challenges including potential no-confidence votes and pressing budget negotiations amid ongoing political turmoil. The 34-member cabinet announcement comes in the wake of......

Water Resource Management in Morocco A Growing Challenge Amidst Drought

In the past three months, the reservoirs of Morocco’s dams have increased by just one billion cubic meters, a marginal rise considering the country's water demands. Between September 1 and mid-December 2024, Morocco experienced below-average precipitation levels, ranging from 3.6 mm to 132......

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