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Keywords: Economic Impact


Boeing Workers End Seven-Week Strike with New Contract

Boeing workers have ended a seven-week strike after approving a new contract offering significant wage increases and bonuses. The International Association of Machinists and Aerospace Workers (IAM) announced that 59% of its members voted to accept the agreement, which will return approximately 33,000......

Dockworkers Strike Paralyzes Montreal Port: A Call for Essential Service Designation

In a significant disruption to operations, the Port of Montreal has come to a standstill due to a 24-hour strike by dockworkers. Nearly a thousand workers across four terminals participated in the strike, which aims to expedite negotiations for a new collective agreement, as stated by the Montreal Dockworkers......

US Dominates Morocco's Expanding Butane Market as Import Demands Surge

Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......

Australia's Birth Rate Reaches Historic Low, Raising Economic Concerns

In a significant demographic shift, Australia recorded 286,998 births in 2023, resulting in a total fertility rate (TFR) of just 1.50 babies per woman, according to the latest figures from the Australian Bureau of Statistics (ABS). This marks a decline from the previous year’s TFR of 1.63 and continues......

Anouar Sabri Leads Discussion on the Promising Future of Artificial Intelligence

The Temporary Thematic Working Group on Artificial Intelligence: Its Prospects and Impacts convened a significant meeting, led by Mr. Anouar Sabri, the group's president, alongside UNESCO officials. Held on October 16, 2024, this gathering focused on AI's transformative potential and global implications. The......

British Firms Eye Lucrative Opportunities as Morocco Prepares for 2030 World Cup

A delegation of 12 British companies is set to visit Morocco from October 15-17, 2024, exploring potential partnerships as the North African nation gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal. This initiative, announced by John Humphrey, the UK Trade Commissioner for Africa,......

Morocco's Tourism Boom: 13.1 Million Visitors Signal Strong Economic Recovery

Morocco's tourism sector is experiencing a remarkable resurgence, with visitor numbers soaring to 13.1 million by the end of September 2024. This impressive figure represents a substantial increase of approximately two million tourists compared to the same period in 2023, according to recent data......

Ryanair to Phase Out Paper Boarding Passes: Smartphones Mandatory for Travel

In a significant shift, Ryanair is set to make smartphones a necessity for travelers, marking the end of an era for paper boarding passes. The Irish low-cost airline, known for its meticulous cost-cutting measures, is introducing a new policy that will impact those who prefer traditional printed documents. For......

Spain's Bold Move: Unprecedented Plan to Regularize 700,000 Undocumented Immigrants

Spain is poised to embark on an ambitious plan that could reshape its immigration landscape. The coalition government, led by the Spanish Socialist Workers' Party (PSOE) and Sumar, has proposed a sweeping regularization of undocumented immigrants, potentially affecting up to 700,000 individuals who......