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Keywords: Economic Impact


US-Morocco Free Trade Agreement: 20 Years On, Economic Gains Fall Short of Expectations

Two decades after the United States and Morocco inked their Free Trade Agreement (FTA), the economic landscape presents a mixed picture. While bilateral trade has surged from $1.3 billion in 2006 to $5.5 billion in 2023, the anticipated economic windfall for Morocco remains elusive, according to a recent......

UK Mulls Outdoor Smoking Ban to Ease NHS Burden

Prime Minister Keir Starmer backs stricter outdoor smoking regulations, potentially banning smoking in pub gardens and outside hospitals to reduce preventable deaths and alleviate pressure on the National Health Service (NHS). The UK government is contemplating tighter regulations on outdoor smoking......

Unleashing the Economic Potential of Gnaoua Music and Morocco's Creative Industries

Study Highlights Untapped Opportunities for Morocco’s Cultural and Creative Sectors The evolution of Gnaoua music from obscurity to global acclaim serves as a compelling blueprint for harnessing the economic potential of Morocco’s broader creative industries, according to a new study.  Published......

Morocco's Ambitious Ratba Dam Project Advances: A Beacon of Hope for Water Security

In the heart of Morocco's Taounate province, a monumental engineering feat is taking shape. The Ratba Dam, a cornerstone of the country's water management strategy, is rapidly progressing towards completion. With an impressive price tag of MAD 4 billion ($400 million), this project is set to......

Tangier's Bold Bid: Reviving Morocco's Formula 1 Dreams

Could Tangier Be the Next Grand Prix Destination? Tangier is ambitiously vying to host a Formula 1 Grand Prix, aiming to rejuvenate Morocco's motorsport legacy. If successful, it would mark the first Formula 1 event in the country since 1958. According to Atalayar, hosting such an event could provide......

Paris 2024: How the Olympics Energized France’s Economy

According to a Bank of France survey, the Paris 2024 Olympics are set to boost the country’s economic growth. The curtain fell on the Olympics this Sunday, August 11, 2024, with a grand closing ceremony at the Stade de France. Over 17 days, the global sports event captivated audiences, culminating......

Morocco's Inflation Cools to 2.4% in June 2024, Nearing Central Bank's Target

In a significant economic development, Morocco's inflation rate has shown signs of stabilization, registering an annualized growth of 2.4% at the close of June 2024. This figure marks a substantial improvement from the tumultuous period that began in November 2022, when inflation started an upward......

Bangladesh's Job Quota Controversy: Supreme Court Ruling Brings Uneasy Calm

Bangladesh has experienced a tentative calm following the Supreme Court's decision to abolish most of the controversial job quotas that had sparked widespread protests. The ruling, issued on Sunday, has led to a suspension of demonstrations that had previously been met with a severe government crackdown. The......

UNESCO Unveils Staggering $10 Trillion Cost of Global Education Crisis

In a sobering report released on Monday, the United Nations Educational, Scientific and Cultural Organization (UNESCO) revealed that the global cost of out-of-school children and youth, coupled with learning deficiencies, amounts to a staggering $10 trillion annually for the world economy by 2030. This......

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