Keywords: Hike
Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......
Japanese government bond yields retreated from their highest marks in 17 years following the approval of a substantial 21.3 trillion yen ($135 billion) economic stimulus package by Prime Minister Sanae Takaichi's cabinet. The stimulus aims to support economic growth and ease inflationary pressures,......
US President Donald Trump has raised alarms about a potential 68% tax increase if Congress fails to approve his comprehensive tax and spending proposal, the "One Big Beautiful Bill Act." In statements made on June 5 and throughout May, Trump emphasized the urgency of passing the bill. However,......
Rental contracts signed in Spain during 2020 are set for renewal this year, raising concerns over substantial price hikes for hundreds of thousands of tenants. The phenomenon, dubbed the ‘great rent hike’ by the Spanish press, reflects the tumultuous shifts in the rental market over recent......
Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......
Morocco is set to implement significant price increases on cigarettes in 2025, with entry-level brands bearing the brunt of the adjustment as part of the government's broader tax reform strategy. The move aims to create a more balanced tobacco market by reducing the price disparity between budget......
A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......
The European Commission has issued a stark warning to China: resolve the ongoing subsidy dispute over electric vehicles (EVs) or face significant tariff hikes. This ultimatum follows a preliminary finding in an anti-subsidy investigation into Chinese EV imports, which revealed that Chinese battery electric......
Mauritania has reversed its previous stance on raising customs duties for vegetables imported from Morocco, much to the relief of traders and consumers on both sides of the border. This decision, which came into effect on May 1st, coincides with the expiration of the decree that had originally implemented......
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