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Keywords: Economy


Bolivia votes between two Right-Wing candidates to revive the economy

Bolivians are heading to the polls this Sunday for the presidential run-off, which pits former right-wing president Jorge “Tuto” Quiroga against centrist senator Rodrigo Paz. Both candidates promise to lift the country out of a deep economic crisis marked by high inflation and chronic shortages. After......

Coface reaffirms Morocco’s stability with “B” rating amid global uncertainty

Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......

Nestlé to cut 16,000 jobs worldwide over the next two years

Nestlé’s new CEO has announced a global workforce reduction of 16,000 jobs, representing 5.7% of its total employees, over the next two years. The decision comes as part of a broader effort to adapt to a rapidly changing market and to boost efficiency amid slowing growth. The announcement......

Morocco emerges as Africa’s aerospace hub with full aircraft assembly goal for 2030

Morocco has taken a significant step toward becoming a global aerospace powerhouse with the inauguration of Safran’s new aircraft engine complex in Nouaceur. Presided over by His Majesty King Mohammed VI, the event marks the country's entrance into the elite group of nations capable of producing......

China’s consumer prices fall again in September, more than expected

China’s consumer prices fell again in September, dropping more sharply than expected amid weak household spending and persistent deflationary pressures, according to official data released on Wednesday. The world’s second-largest economy continues to face challenges from sluggish exports......

Investment Commission approves 250 projects worth MAD 414 billion across Morocco

Morocco’s National Investment Commission (CNI) has approved 250 investment projects totaling MAD 414 billion, during nine sessions held so far, announced Karim Zidane, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, on Tuesday before the House of Councillors. Responding......

Morocco’s economy records strongest growth since 2021 amid broad sector recovery

Morocco’s economy expanded by 5.5% in the second quarter of 2025, marking its fastest growth rate since the post-pandemic rebound of 2021, according to the High Commission for Planning (HCP). The growth was driven by robust performances in the manufacturing, mining, construction, and hospitality......

Moroccan cities rise among Africa’s most expensive rental markets

Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......

Michelin shares plunge 10% after cutting 2025 targets

Paris — Michelin shares dropped nearly 10% on the Paris Stock Exchange this morning after the tire manufacturer revised its 2025 targets downward, citing a worsening economic environment. In a statement released Monday, the group explained that its third-quarter financial......

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