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Keywords: Economy


UK unemployment rate rises to 5%, higher than expected ahead of budget

London (AFP) — The unemployment rate in the United Kingdom climbed more sharply than anticipated in the third quarter, reaching 5%, its highest level since early 2021, signaling a slowdown in economic activity just two weeks before the government unveils its much-anticipated budget. According......

Global markets rally as U.S. Senate advances bill to end government shutdown

Global financial markets surged on Monday as investors welcomed progress toward ending the longest government shutdown in U.S. history. Late Sunday night, the Senate advanced a funding bill that could reopen the government and restore federal operations. Global markets respond positively Asian markets......

Iran economist warns inflation could exceed 60% as poverty deepens

A senior Iranian economist has warned that inflation could surpass 60% by March 2026, as the country faces an intensifying economic crisis driven by sanctions, mismanagement, and soaring consumer prices. Morteza Afghah, a professor of economics at Ahvaz University, told Khabar Online that Iran is on......

Morocco’s tourism revenues hit MAD 100 billion in first nine months of 2025

Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......

Washington accuses Beijing of making a “Mistake” by restricting rare earth exports

The United States has criticized China’s decision to impose export restrictions on rare earth materials, calling it a “strategic mistake” that exposes Beijing’s use of its dominance in this crucial sector as a political tool. U.S. Treasury Secretary Scott Bessent said......

Asian markets struggle despite trade truce between Trump and Xi

Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......

Goldman Sachs CEO warns of looming debt reckoning for the United States

The United States is facing a potential economic reckoning as its national debt surpasses an unprecedented $38 trillion, according to warnings from David Solomon, CEO of Goldman Sachs. Speaking at the Economic Club of Washington, Solomon emphasized the critical need for sustained economic growth to address......

Morocco rises as a key player in the global cryptocurrency market

Morocco is solidifying its position as one of the most active cryptocurrency markets in the world, with the 2025 Chainalysis Global Crypto Adoption Index ranking the country 24th globally. This places Morocco ahead of notable African peers such as Kenya (25th), Egypt (26th), and South Africa (28th),......

Morocco prepares for 5G launch with key decree approval scheduled

The Moroccan government is finalizing its plans to launch 5G technology, with a critical decree set for review during the October 30 Council of Government meeting. This move follows the allocation of 5G licenses to Maroc Telecom, Orange Maroc, and Inwi in July, marking a significant step toward activating......