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Algerian Elections: Abdelmadjid Tebboune's Victory Confirmed with Overwhelming Majority

In a decisive move, Algeria's Constitutional Court has officially declared Abdelmadjid Tebboune as the winner of the recent presidential elections, solidifying his position with an impressive 84.4% of the vote. This announcement brings a sense of finality to the electoral process, which had been......

China's Youth Face Employment Crisis as Jobless Rate Hits Record High

In a troubling development highlighting the economic challenges facing the world's second-largest economy, China's youth unemployment rate has surged to an unprecedented 17.1% in July, according to the latest data from the National Bureau of Statistics. This figure represents the highest level......

Morocco's Unemployment Rate Climbs to 13.1% in Q2 2024: HCP Report

Morocco's unemployment rate has escalated to 13.1% in the second quarter of 2024, according to the latest report from the Moroccan High Commission for Planning (HCP). This figure represents a 0.7 percentage point increase from the 12.4% recorded in the same period of 2023, highlighting a concerning......

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......

Bangladesh Grapples with Student Unrest: Mobile Internet Suspended Amid Intensifying Job Quota Protests

In a dramatic escalation of ongoing civil unrest, Bangladesh has taken the unprecedented step of suspending mobile internet services across much of the country. This move comes as student protests over government job quotas continue to intensify, with violent clashes between demonstrators and authorities......

Morocco's Economic Resurgence: Steady Growth Amid Adversity

Morocco's economy has showcased remarkable resilience, defying daunting challenges and steering towards sustained prosperity. The European Bank for Reconstruction and Development (EBRD) has expressed confidence, projecting a robust annual growth rate of 3% for the North African nation in 2024. This......

Alarming Rise in Moroccan Youth Disengagement: ESEC Unveils Staggering Figures

A sobering report presented by the Economic, Social, and Environmental Council (ESEC) reveals that approximately 1.5 million Moroccan youth are adrift, outside the realms of education, training, and employment. This alarming finding highlights a pressing issue of youth disengagement that poses a significant......

Morocco's Female Workforce Faces Unprecedented Challenges: IMF Report

The International Monetary Fund (IMF) has issued a concerning report highlighting the surge in female unemployment rates across Morocco, signaling the disproportionate impact of economic hardships on women in the nation's workforce. According to the report, female unemployment in Morocco reached......

Morocco's Jobless Crisis Deepens as Drought Ravages Agriculture

Morocco's unemployment rate has surged to 13.7% in the first quarter of 2024, the highest level on record. This alarming increase is due in large part to a six-year drought that has severely damaged the nation's agricultural sector. Data from the High Commission of Planning reveals a labor market......