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Economy


Morocco unveils four key priorities for 2026 budget reform

The Moroccan government has outlined four major priorities for the 2026 Finance Bill (PLF), in line with the High Royal Guidelines. These priorities mark a new phase of transformation for the Kingdom and aim to balance economic growth with social justice and territorial equity. According to the official......

Despite digital progress, Morocco still faces payment incidents due to lack of trust

Despite rapid digitalization, Morocco continues to face persistent issues with traditional payment methods, revealing a deeper crisis of trust within its financial ecosystem. According to the African Scientific Journal, these incidents are not just technical failures but symptoms of ethical shortcomings,......

Nauru's golden passport program struggles to attract buyers

For $105,000, individuals can secure citizenship in Nauru, a small island nation in Micronesia, Oceania. This "golden passport" initiative, launched on August 7, aims to trade citizenship for investments to combat climate change. However, the program has seen limited interest, with only six......

France's unemployment rate steady at 7.5% in second quarter, reports Insee

France's unemployment rate, as defined by the International Labour Organization (ILO), remained stable at 7.5% in the second quarter of 2025, the National Institute of Statistics and Economic Studies (Insee) announced on Friday. The rate for the first quarter was also revised slightly upward from......

Morocco leads African retirement destinations with affordable living and streamlined visas

Morocco shines in global retirement rankings Morocco has been ranked among the world’s top retirement destinations, securing 24th place out of 44 countries in the 2025 Global Retirement Report by Global Citizen Solutions. The North African nation also stands out as one of the top five retirement......

Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

UM6P spearheads pan-African initiative to drive Africa’s transformation

University Mohammed VI Polytechnic (UM6P), in partnership with key organizations, has launched "Lead," a pan-African initiative aimed at advancing Africa's growth by fostering public policy excellence and institutional development. A collaborative effort for change The initiative, hosted......

Donald Trump imposes 100% tariffs on imported chips and semiconductors

Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......

US tariffs ignite global trade tensions and economic uncertainty

New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......

Royal Jordanian to launch direct Amman-Casablanca flights this October

Royal Jordanian Airlines is set to introduce direct flights between Amman and Casablanca starting mid-October, marking a significant milestone in strengthening ties between Jordan and Morocco. The new route was announced by Jordanian Ambassador to Morocco, Jumana Ghunaimat, who highlighted its importance......

Why Spain’s self-employed face lower pensions than employees

The challenges of being self-employed in Spain extend far beyond managing day-to-day business operations. For autónomos, retirement pensions represent another significant hurdle, as they receive markedly less than their salaried counterparts, despite contributing a similar percentage of their......

Immigrants do not harm Spanish jobs or wages, studies confirm

Immigration in Spain has become a polarizing topic in recent years, fueled by political rhetoric and sensationalized narratives. However, mounting evidence from economic studies debunks claims that immigrants take jobs from Spaniards or depress wages, challenging widespread misconceptions. The rise......

Italy moves forward with world’s longest suspension bridge project

Italy’s government has approved a groundbreaking €13.5 billion ($15.6 billion) project to construct the world’s longest suspension bridge, connecting the island of Sicily to the mainland across the Strait of Messina. The ambitious state-funded project, which has been debated for decades,......