Keywords: Economy


Oil prices fall sharply as diplomatic signals ease concerns over the Strait of Hormuz

Global oil prices declined sharply during early Asian trading after diplomatic developments suggested a possible easing of tensions surrounding the Strait of Hormuz, one of the world's most strategically important maritime routes for energy shipments. The market reaction reflected growing optimism......

Morocco’s bank lending grows 9.9% in June as business financing accelerates

Bank lending to Morocco’s non-financial sector accelerated in June 2026, reflecting stronger financing activity among businesses and continued support for economic investment, according to the latest monetary statistics released by Bank Al-Maghrib. The central bank reported that outstanding credit......

Global markets remain on edge as Middle East tensions and interest rate outlook drive investor sentiment

Global financial markets continue to navigate a period of heightened uncertainty as geopolitical developments in the Middle East and expectations surrounding central bank policies shape investor sentiment. Fluctuating oil prices, shifting monetary policy expectations, and corporate earnings have contributed......

Germany’s unemployment rises above three million as labor market slows

Germany’s labor market continued to face challenges in July as the number of unemployed people climbed above three million, reflecting the ongoing impact of slower economic growth and weakening hiring activity. The latest figures highlight the pressures affecting Europe’s largest economy......

FIFA defends commercial reform project amid criticism over football’s future

FIFA has renewed its defense of its proposed FIFA Forward Enterprise (FFE) project, insisting that the initiative is not aimed at “selling football” but rather at increasing financial resources available to its 211 member associations around the world. The global football governing body......

Moroccan diaspora remittances reach MAD 61.48 billion in the first half of 2026

Morocco recorded a strong increase in remittances from its citizens living abroad during the first half of 2026, underlining the continued importance of the Moroccan diaspora to the country's economy. The latest official figures show that money transfers from Moroccans residing overseas remained......

U.S. Weekly Jobless Claims Rise Slightly as Labor Market Remains Resilient

New applications for unemployment benefits in the United States increased slightly during the final week of July, signaling a modest slowdown in hiring activity while continuing to reflect the overall strength of the country's labor market. Despite the weekly increase, layoffs remain historically......

Eurozone inflation edges up to 2.9% in July as energy prices drive renewed price pressures

Inflation across the eurozone increased slightly in July, with annual consumer price growth reaching 2.9%, up from 2.8% in June, according to a preliminary estimate released by Eurostat. The modest acceleration matched economists' expectations and was driven primarily by higher energy prices, while......

Germany's unemployment edges higher in July, nearing three million mark

Germany's labour market showed further signs of softening in July, with the number of unemployed people increasing slightly more than economists had expected and moving close to the politically significant threshold of three million. Figures released by the Federal Employment Agency showed that......