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Keywords: Economy


Private healthcare providers challenge minister’s subsidy claims

Morocco’s leading private healthcare actors have disputed Health Minister Amine Tehraoui’s recent assertions that private clinics have received public investment subsidies, calling for transparency and the release of evidence supporting the claim. The controversy began after the minister’s......

Freeport confirms seven deaths after Grasberg mine disaster in Indonesia

Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......

Global boycott campaigns hit major brands over ties to Israel amid Gaza war

A growing international boycott movement is significantly impacting multinational corporations with alleged ties to Israel, as global outrage continues over the war in Gaza. From fast food giants to global apparel and beverage brands, companies are reporting falling sales and reputational damage, particularly......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

United States: Shutdown halts release of key jobs report

The monthly U.S. jobs report, considered one of the most important economic indicators worldwide, was not published on Friday due to the ongoing government shutdown. The Bureau of Labor Statistics (BLS) website, usually updated at 8:30 a.m. (12:30 GMT), displayed a message citing the suspension of federal......

Iranian currency hits historic low against dollar after UN sanctions return

The Iranian national currency, the rial, hit a historic low against the US dollar on Sunday morning following the reinstatement of UN sanctions, according to several currency tracking websites. Informal market rates indicate that one dollar is exchanging for approximately 1.12 million rials, while one......

Labour pushes for youth mobility deal with EU amid economic debates

Labour is seeking to establish an “ambitious” youth mobility scheme with the European Union, Chancellor Rachel Reeves announced ahead of the party’s annual conference. The plan would allow thousands of young Europeans to temporarily live, study, and work in the UK, while offering British......

Morocco regains investment grade status from Standard & Poor’s

The American rating agency Standard & Poor’s (S&P) has upgraded Morocco’s sovereign credit rating, restoring the country to the coveted “investment grade” category. Morocco had lost this status in 2021 following the economic fallout of the COVID-19 pandemic. The positive......

Europe’s wealth tax: Which countries still enforce it?

The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......

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