Breaking 17:50 Wistron president dismisses AI bubble fears amid US factory ramp-up 17:20 Hidden risks behind Roblox raise concerns for family safety 17:00 Global fallout follows release of sealed court records 17:00 Iran calls nuclear talks with the United States in Oman a constructive first step 16:40 China unveils compact microwave weapon capable of disrupting Starlink 16:20 Zelensky announces next Ukraine peace talks likely in United States soon 16:00 Zelensky criticizes air defense after massive Russian drone barrage 15:40 Iran's president appoints Ali Shamkhani to lead new Defense Council 15:20 Morocco captivates Indian tourism professionals at OTM 2026 14:50 'Rich Dad Poor Dad' author sells Bitcoin and awaits market bottom 14:20 Stellantis books €22 billion charge and suspends dividend after EV missteps 13:50 Oil prices rise on US-Iran nuclear talks in Oman but head for weekly decline 13:20 Egypt and Turkey sign $350 million defense deal for drones and weapons 12:50 Gold prices dip below $5,000 after Fed official's cautious rate cut remarks 12:45 HM King Mohammed VI congratulates Laura Fernandez on her election as Costa Rica’s president 12:30 Mosque explosion in Islamabad kills at least 11 and injures dozens 12:20 EU tests Matrix protocol to replace US communication platforms 12:15 African Development Bank grants donation to Bank Al-Maghrib to boost digital payments 12:00 Bitcoin plunges as banque de France governor warns risks are materializing 11:50 Italian police gain preemptive arrest powers before protests 11:45 Stellantis shares plunge 15% after announcing €22 billion exceptional charges for 2025 11:30 Jack Lang summoned to French Foreign Ministry over links to Jeffrey Epstein 11:20 Russian GRU general shot in Moscow assassination attempt 11:00 Two arrested in Istanbul for alleged spying on behalf of Israel 10:50 COVID lockdowns triggered record methane surge 10:30 Iran and United States open nuclear talks in Oman 10:20 US ambassador cuts ties with Polish parliament leader over Trump criticism 10:00 Disconnecting to reconnect with reality 10:00 Hong Kong court to announce sentence for pro-democracy media tycoon Jimmy Lai 09:50 Martian meteorite hides ancient water reservoir 09:30 Toyota appoints new chief executive to speed up decision-making 09:20 Global stocks plunge on tech rout and Korean trading halt 09:00 Noureddine Bensouda, a career in the service of the Moroccan state 08:50 China unveils world's first mass-produced sodium-ion EV 08:30 Türkiye seen as a vital partner for Canada, says Carney 08:20 Deutsche Bank sees Bitcoin selloff as fading conviction 08:00 China and South Korea discuss resuming joint maritime search drills 07:50 Ukrainian civilian plane with minigun downs nearly 150 Russian drones 07:40 Moroccan Sahara issue strengthens Rabat’s position within Afro-British alliances 07:20 Australian premier arrives in Indonesia for security pact 07:00 Mohammed VI Foundation drives medical fee reduction at Casablanca hospital

Keywords: Spending


NATO's New Leadership: Mark Rutte's Commitment Amid Global Tensions

As Mark Rutte steps into the role of NATO's chief, he addresses concerns regarding a potential Donald Trump presidency while reaffirming unwavering support for Ukraine. The former Dutch prime minister assumes leadership at a critical juncture, with Russia intensifying its military actions in Ukraine......

Trump Endorses Elon Musk-Led Plan for Government Spending Overhaul

In a recent speech at the Economic Club of New York, former President Donald Trump revealed a bold initiative for streamlining federal spending, vowing to adopt a government efficiency plan backed by billionaire entrepreneur Elon Musk. The plan, should Trump return to the White House, would be centered......

Morocco’s Fiscal Challenges: Budget Deficit Climbs to MAD 35.2 Billion

Rising Government Spending Overshadows Revenue Gains As of July 2024, Morocco's budget deficit has expanded to MAD 35.2 billion ($3.56 billion), up from MAD 27.7 billion ($2.8 billion) in the same period last year, according to the Treasury General of the Kingdom (TGR). The deficit includes a positive......

US Air Force Faces Critical Challenges: Aging Fleet and Rising Costs Spark Concerns

The United States Air Force is confronting significant challenges that jeopardize its operational readiness and ability to address emerging global threats, especially in potential conflicts such as those with China over Taiwan. Recent reports and analyses, including those from the Mitchell Institute......

Moroccan Summer Travel Trends: A Glimpse into the Nation's Vacation Plans

Survey Reveals 64% of Moroccans Are Skipping Summer Travel This Year A recent survey conducted by Moroccan market research firm Sunergia unveils intriguing insights into the travel habits of Moroccans. The results, published today by the newspaper Assahabh, indicate that a significant 64% of Moroccans......

Morocco's Fiscal Outlook: Fitch Ratings Predicts Deficit Reduction by 2026

Projected Spending Cuts and Fiscal Strategies Signal Optimism Amid Challenges Morocco is on a path to reduce its fiscal deficit over the next few years, according to a new report from Fitch Ratings. The credit rating agency forecasts that the North African nation’s fiscal deficit will decrease......

Colombia Faces Unprecedented Tax Revenue Plunge, Necessitating Drastic Spending Cuts

Colombia finds itself in an unprecedented predicament with a historic decline in tax revenue collection, potentially forcing the government to implement significant spending cuts this year. This concerning revelation emerged on Friday from the Autonomous Committee for Fiscal Rules (Carf), a public entity......

Morocco's Prudent Public Spending Spurs Continued Investment Growth

Morocco has sustained positive momentum in public investments despite facing economic headwinds, as per government data. Mustapha Baitas, the government spokesperson and delegate-minister for parliamentary relations, highlighted an 83% execution rate for public projects during a recent press briefing. Baitas......

Morocco's Economic Landscape: Resilient Household Spending Amidst Challenges

In the face of a nuanced economic landscape, Morocco demonstrates promising signs of growth, particularly in household consumption, despite encountering various challenges. A recent report from the High Commission for Planning (HCP) projects a 1.2% expansion in household spending during the first quarter......

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