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Keywords: GDP
Morocco’s economy is expected to expand by 4.4% in 2025, according to the World Bank’s latest Regional Economic Outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP). The updated forecast highlights stronger-than-expected performance across agriculture, tourism, and......
The United States recorded an annualized GDP growth of 3.8% in the second quarter, according to an updated official estimate released Thursday, well above previous calculations and market expectations. The first estimate, published at the end of July, reported growth of 3%. It was later revised to 3.3%,......
Morocco’s economy demonstrated strong momentum in the first quarter of 2025, with GDP expanding by 4.8%, significantly outpacing the 3% growth recorded during the same period in 2024. According to the High Commission for Planning (HCP), this growth was driven by a rebound in agriculture, robust......
Spanish Prime Minister Pedro Sánchez has strongly rejected NATO’s proposed plan to require member states to allocate 5% of their GDP to defense spending by 2032. In a letter addressed to NATO Secretary General Mark Rutte, Sánchez argued that such a target is not only “unreasonable”......
Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......
President Donald Trump is urging patience as he faces the fallout from a first-quarter economic contraction, alongside tariffs that have dented his popularity. In a recent address, he expressed optimism about an imminent resurgence in the U.S. economy. The U.S. Commerce Department's advance gross......
Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural......
South Africa is grappling with a substantial budgetary challenge in a climate of slow economic growth, as highlighted by economic experts during a recent conference in Johannesburg focused on commodities. According to analysts, this year's budget has experienced a slight short-term budgetary slip,......
The United Kingdom’s economy experienced an unexpected contraction in January, with Gross Domestic Product (GDP) shrinking by 0.1% following a 0.4% increase in December, according to the Office for National Statistics (ONS). This economic downturn presents a fresh challenge for the government as......
