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China's Retirement Age Reform: Balancing Longevity and Economic Stability

In a significant policy shift aimed at addressing its rapidly aging population and strained pension system, China has announced plans to gradually increase its statutory retirement age over the next five years. This decision, part of a series of resolutions adopted at the recent Third Plenum, a crucial......

Morocco's Ascendant Path: A Quarter Century of Transformation Under King Mohammed VI

As Morocco marks the 25th anniversary of King Mohammed VI’s ascension to the throne, a comprehensive report by the Spanish Institute of Governance and Applied Economics, “Coordenadas,” casts a spotlight on the nation’s burgeoning influence and presence on the global stage. The......

Morocco Advocates for UN-Led Legitimacy in Libyan Peace Process

In a significant diplomatic move, Morocco has reaffirmed its commitment to a United Nations-led resolution for the ongoing Libyan crisis. Nasser Bourita, Morocco's Minister of Foreign Affairs, articulated this position following talks with Stephanie Khoury, the Acting Special Representative of the......

Attal's Lingering Premiership Sparks Democratic Debate in France

France finds itself at a political crossroads as Prime Minister Gabriel Attal remains in office despite his intended resignation, igniting a fierce debate over democratic principles and governance stability. The aftermath of recent legislative elections has thrust the nation into uncharted waters, with......

Morocco's Economic Landscape Shifts as Inflation Halves in Q2 2024

In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......

Morocco's Fiscal Fortitude: Lekjaa Unveils Roadmap to Reduce External Debt

In a comprehensive address, Fouzi Lekjaa, the Minister Delegate in charge of the Budget, outlined Morocco's strategic approach to tackling its external debt amidst prevailing geopolitical tensions and a global economic slowdown. His remarks offered a beacon of hope, outlining a pathway towards fiscal......

BAM Amplifies Monetary Interventions Amid Market Stability

The Moroccan economy continues to display resilience and investor confidence, maintaining market stability despite global economic fluctuations. Bank Al-Maghrib (BAM), the country's central bank, has significantly increased its interventions in the monetary market, injecting MAD 127 billion ($12.7......

Spain's Generous Embrace: Unveiling the Global Reach of Its Foreign Subsidies

In an unprecedented display of global outreach, the Spanish government has emerged as a beacon of financial support, channeling nearly €300 million annually into the coffers of foreign organizations and entities across the world. This monumental initiative, orchestrated by the Spanish Ministry of......

Ministry of Education Dispels Rumors, Affirms Stability in Curricula and Timetables

In a decisive move to quell mounting speculation, a high-ranking official from the Ministry of National Education, Preschool, and Sports has categorically denied rumors suggesting major changes to the educational curriculum and schedules for the upcoming academic year. The ministry's stance underscores......