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Keywords: Economy
The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......
The monthly U.S. jobs report, considered one of the most important economic indicators worldwide, was not published on Friday due to the ongoing government shutdown. The Bureau of Labor Statistics (BLS) website, usually updated at 8:30 a.m. (12:30 GMT), displayed a message citing the suspension of federal......
The Iranian national currency, the rial, hit a historic low against the US dollar on Sunday morning following the reinstatement of UN sanctions, according to several currency tracking websites. Informal market rates indicate that one dollar is exchanging for approximately 1.12 million rials, while one......
Labour is seeking to establish an “ambitious” youth mobility scheme with the European Union, Chancellor Rachel Reeves announced ahead of the party’s annual conference. The plan would allow thousands of young Europeans to temporarily live, study, and work in the UK, while offering British......
The American rating agency Standard & Poor’s (S&P) has upgraded Morocco’s sovereign credit rating, restoring the country to the coveted “investment grade” category. Morocco had lost this status in 2021 following the economic fallout of the COVID-19 pandemic. The positive......
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
The United States recorded an annualized GDP growth of 3.8% in the second quarter, according to an updated official estimate released Thursday, well above previous calculations and market expectations. The first estimate, published at the end of July, reported growth of 3%. It was later revised to 3.3%,......
Rabat – Moroccan authorities have launched a national dialogue to boost the development of seaweed farming, positioning it as a cornerstone of the country’s emerging blue economy. Zakia Driouch, Secretary of State in charge of Maritime Fisheries, brought together experts, investors, and......
The recent release of Tourism Law in Morocco by Dr. Mohamed Chakaoulou marks a pivotal moment in defining the legal framework of one of the nation’s most vital economic sectors. With over thirty years of experience as a tourism consultant and specialist, Dr. Chakaoulou emphasizes the urgent need......