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Keywords: Economic


Western powers step up pressure as sanctions cut into Russia’s oil revenues

Russia’s oil trade is under growing strain after a new wave of Western sanctions targeted companies, traders, and vessels linked to its so-called shadow fleet. Britain and the European Union unveiled coordinated measures aimed at curbing Moscow’s circumvention of energy restrictions and tightening......

France’s growth outlook improves as central bank raises 2025 forecast

France’s economic prospects for 2025 appear stronger than previously expected, as the country’s central bank has revised its growth forecast upward. Despite a challenging political and budgetary environment, the institution now anticipates a moderate but resilient expansion of the French......

Europe seeks strategic autonomy amid renewed transatlantic tensions

European Commission President Ursula von der Leyen has urged the continent to strengthen its capacity for self-defense and economic resilience, responding to recent criticisms from former U.S. President Donald Trump. Addressing the European Parliament in Strasbourg, she cautioned that the global environment......

Russia unveils record war spending amid deepening economic strain

Russia revealed for the first time that its direct expenditure on the war in Ukraine will surpass $137 billion in 2025, a disclosure that sheds light on the mounting fiscal burden of the prolonged conflict. Defense Minister Andrey Belousov announced that the country will allocate 11.1 trillion rubles......

Bank Al-Maghrib maintains interest rate at 2.25% amid low inflation and steady growth

Bank Al-Maghrib (BAM) has opted to keep its key interest rate at 2.25%, citing Morocco’s subdued inflation and firm economic growth as reasons for maintaining monetary stability. The decision was announced during the central bank’s final quarterly board meeting of 2025, held in Rabat. Low......

Morocco’s economic growth forecasted to reach 5% in 2025

Bank Al-Maghrib (BAM) has projected Morocco’s economic growth to hit 5% in 2025, driven by robust non-agricultural activity and a recovery in agriculture. The central bank presented this outlook during its final quarterly board meeting in Rabat. Growth is expected to remain solid in the medium......

Morocco-China: 7th joint commission on economic cooperation held in Beijing

The seventh session of the Joint Commission on Economic, Trade, and Technical Cooperation between Morocco and China took place on Tuesday in Beijing. The session, part of the ongoing strategic partnership established in 2016, was co-chaired by Morocco’s Minister of Industry and Trade, Ryad Mezzour,......

EU ambassador praises Morocco-EU economic partnership as trade flourishes

The European Union's ambassador to Morocco, Dimiter Tzantchev, hailed the "remarkable success" of Morocco-EU economic relations during a meeting with the General Confederation of Moroccan Enterprises (CGEM) in Casablanca. Speaking on Monday, Tzantchev highlighted the profound transformation......

India injects $5 billion to stabilize rupee as currency hits record low

India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......

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