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Keywords: Spending


Asian markets struggle despite trade truce between Trump and Xi

Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Stoltenberg’s memoirs reveal how Trump nearly dismantled NATO in 2018

The newly published memoirs of former NATO Secretary General Jens Stoltenberg have exposed just how close the alliance came to collapse during Donald Trump’s presidency. His book, On My Watch, released this week, recounts a tense and unprecedented standoff at the Brussels summit on July 12, 2018,......

Spain sets new tourism record but faces signs of slowdown

Spain welcomed over 11 million international tourists in July 2025, setting a new record for the month, according to the latest figures from the National Institute of Statistics (INE). Despite the milestone, growth in visitor numbers has slowed significantly, with an increase of just 1.6 percent compared......

EU defense spending set to hit record high in 2025

The European Union is expected to reach a new record in defense spending this year, with expenditures projected at €381 billion, according to the European Defence Agency (EDA). This figure surpasses last year’s €343 billion, which had already set a historic peak compared to 2023. “Europe......

Bayrou targets social spending and unemployment insurance cuts

The French government, led by Prime Minister François Bayrou, has announced a plan to save €2 to €2.5 billion annually between 2026 and 2029 through reforms to the unemployment insurance system. By 2030, the target is to achieve at least €4 billion in yearly savings, according to......

Argentina: Milei seeks to criminalize support for deficit budgets in Congress

Argentine President Javier Milei announced two key measures aimed at legally safeguarding budget balance and reinforcing his zero-deficit policy, central to his economic agenda. The announcement comes amid heightened tensions between the executive and Congress, following the approval of laws and the......

Moroccan travel spending abroad surges to MAD 15.5 billion in first half of 2025

Moroccans have spent over MAD 15.5 billion ($1.69 billion) on international travel during the first six months of 2025, according to data released by the Moroccan Exchange Office. This figure marks an 8.2% increase compared to the MAD 14.33 billion ($1.56 billion) spent during the same period in 2024. The......

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