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Keywords: Economic


Strengthening Ties: Morocco's Strategic Partnership with the United States

In a recent interview with the esteemed magazine 'Leaders', Morocco's Ambassador to the United States, Youssef Amrani, provided an insightful overview of the evolving Moroccan-American relations, highlighting the remarkable ascent of what he describes as an "exceptional partnership characterized......

Surge in Travel Revenues Signals Morocco's Economic Resurgence

In a noteworthy development for Morocco's economy, travel revenues reached 87.1 billion dirhams by the end of September 2024, marking an impressive 8.4% increase compared to the previous year and a remarkable 44.7% rise from the same period in 2019. This information was shared by Prime Minister Aziz......

Dollar Dips as U.S. Presidential Elections Loom: Market Reactions and Economic Implications

As the United States gears up for its presidential elections today, the dollar has experienced a notable decline. This drop comes amid heightened anticipation surrounding a closely contested race between Republican candidate Donald Trump and Democratic contender Kamala Harris. On Tuesday, the dollar......

Boeing Workers End Seven-Week Strike with New Contract

Boeing workers have ended a seven-week strike after approving a new contract offering significant wage increases and bonuses. The International Association of Machinists and Aerospace Workers (IAM) announced that 59% of its members voted to accept the agreement, which will return approximately 33,000......

A Closer Look at Morocco's Labor Market Amid Rising Unemployment Rates in Q3 2024

The latest report from the Haut-Commissariat au Plan (HCP) reveals a troubling increase in Morocco's unemployment rate, which has risen to 13.6% in the third quarter of 2024. This marks a slight uptick from 13.5% during the same period last year, despite the net creation of 213,000 jobs over the......

Navigating the Challenges of U.S. Payroll Growth Amid External Disruptions

The U.S. labor market showed signs of weakness in October, with payroll growth significantly affected by a combination of adverse weather conditions and labor strikes. Economists are interpreting these fluctuations as temporary setbacks rather than indicative of a broader economic downturn. Recent reports......

Morocco's Tourism Surge: A Promising Outlook Amid Economic Shifts

As of September 2024, Morocco's tourism sector has demonstrated remarkable resilience, with tourist receipts outpacing expenditures by a factor of four. This positive trend ensures a stable and favorable balance in travel accounts, despite a faster increase in travel spending. In September alone,......

France Reinforces Commitment to Economic Partnership with Morocco

In a significant announcement during his visit to Rabat, French President Emmanuel Macron emphasized the continuation of public investments in Morocco, including the Sahara region. Speaking at the conclusion of the "Morocco-France Entrepreneurial Meeting," Macron highlighted Morocco's status......

Rachel Reeves Sets the Stage for Economic Transformation

In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......

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