Keywords: Trade
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
The European Union's ambassador to Morocco, Dimiter Tzantchev, hailed the "remarkable success" of Morocco-EU economic relations during a meeting with the General Confederation of Moroccan Enterprises (CGEM) in Casablanca. Speaking on Monday, Tzantchev highlighted the profound transformation......
Marsa Maroc, a leading African port terminal operator, has entered into a strategic agreement to acquire a 45% stake in Boluda Maritime Terminals (BMT), part of Spain’s Boluda Corporación Marítima, for €80 million. This move marks a significant expansion of the Moroccan company’s......
India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......
A Turkish-owned cargo vessel was severely damaged in Ukraine's Chornomorsk port after a Russian missile and drone barrage ignited massive fires across the facility. The attack, which struck on Friday afternoon, targeted a civilian ship transporting food and vehicles, renewing concerns over Moscow's......
Nvidia is considering ramping up production of its H200 artificial intelligence chips after seeing a surge in orders from Chinese technology companies. The U.S. chipmaker informed clients that requests have exceeded its current supply, following Washington’s decision to permit exports of the processors......
At the heart of economic discussions in Marrakech, the African Continental Free Trade Area (AfCFTA) took center stage during the opening of the 2nd AfCFTA Business Forum, held on December 11–12. Morocco’s Minister of Industry and Trade, Ryad Mezzour, emphasized the transformative scope of......
After a difficult start marked by price pressure and market saturation, Morocco’s Hass avocado season is showing signs of recovery, driven by rising local demand and improving European market conditions. Early tensions in the market The season began with significant challenges as limited volumes......
Mexico’s Congress has approved a sweeping package of tariff increases on imports from several Asian countries, marking a major shift in the country’s trade policy aimed at both protecting domestic producers and strengthening relations with the United States. Under the new legislation, import......
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