Keywords: Economic Impact
Sri Lankan authorities have issued fresh landslide warnings as heavy rains continue to lash regions already devastated by Cyclone Ditwah. The disaster, the worst to hit the island this century, has claimed at least 618 lives, with 209 people still missing. Over two million people—nearly 10% of......
Global financial markets surged on Monday as investors welcomed progress toward ending the longest government shutdown in U.S. history. Late Sunday night, the Senate advanced a funding bill that could reopen the government and restore federal operations. Global markets respond positively Asian markets......
Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......
Artificial intelligence (AI) is transforming Morocco's healthcare sector, offering solutions to long-standing challenges such as unequal access to care and administrative inefficiencies. By integrating advanced algorithms into diagnostics, resource management, and hospital operations, AI is driving......
A new report highlights persistent wage inequalities in Morocco, revealing that women in the private sector earn 42.8% less than men—equivalent to three months of unpaid work per year. The national gender pay gap is estimated at 23%, confirming that professional equality remains a major challenge. The......
This summer, many Italians are shunning private beaches due to the rising costs of renting loungers, parasols, and cabins. Traditionally, renting these amenities has been a central part of Italy’s summer beach culture. However, private beach resorts along Italy’s coasts have reported a 15%......
Spain has added more than 1.4 million foreign workers to its labor force over the past decade, according to new data. Economists view this trend as essential for sustaining the country’s welfare and pension systems amid an aging population. A decade of growth in foreign labor Figures from Spain's......
Child labor remains a pressing issue in Morocco, particularly affecting rural communities, despite a gradual decline in recent years. According to a report by the High Commission for Planning (HCP), based on the 2024 National Employment Survey, approximately 101,000 children aged 7 to 17 are engaged......
An intensified wave of immigration raids in Los Angeles is disrupting businesses and upending the lives of migrant families. The crackdown, targeting immigrant workers regardless of their legal status, is drawing stark parallels to the economic and social paralysis last seen during the Covid-19 pandemic. Economic......
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