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Keywords: Treasury
The United States announced new sanctions on Tuesday targeting what it described as a major oil smuggling and sanctions evasion network supporting Yemen’s Iran-backed Houthi rebels. The network allegedly operates between Yemen and the United Arab Emirates (UAE), generating millions in illicit revenue......
The United States has imposed sanctions on 22 companies based in Hong Kong and Turkey for their alleged roles in facilitating the sale of Iranian oil, according to the US Treasury Department. The measures, announced on Wednesday, aim to disrupt financial networks that support Iran's Islamic Revolutionary......
U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder”......
In a stark financial revelation, Morocco's Treasury has reported a staggering budget deficit of MAD 21.1 billion ($2.1 billion) for February 2025. This figure marks a considerable increase from the MAD 3.8 billion ($0.38 billion) deficit recorded during the same period last year, highlighting a deteriorating......
Morocco’s treasury reports that customs revenues have demonstrated resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February. This figure marks a 1.3% increase compared to the same period last year, showcasing the stability of Morocco’s......
Billionaire Elon Musk has rapidly expanded his influence within the U.S. government, triggering concerns among constitutional scholars and Democratic leaders. Since the inauguration of President Donald Trump, Musk, now leading the Department of Government Efficiency (DOGE), has implemented sweeping changes......
The Trump administration has introduced a plan offering financial incentives to two million full-time civilian federal employees to encourage voluntary resignation, aiming to significantly reduce the size of the U.S. government. Under the "deferred resignation program," eligible employees......
The Moroccan Treasury and External Finance Department (DTFE) has implemented a series of sophisticated financial operations, deploying MAD 8.4 billion ($820 million) in cash surplus investments on Friday. This strategic financial move, executed under the Ministry of Economy and Finance's oversight,......
The U.S. Department of Defense has added several prominent Chinese companies to its list of entities allegedly connected to China’s military. These include Tencent, the leading gaming and social media company, and CATL, the largest global electric vehicle battery manufacturer. Other companies listed......