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H&M shifts production to Morocco amid potential US trade barriers

Swedish retailer H&M is strengthening its manufacturing presence in Morocco as part of a strategic response to potential US trade restrictions, according to the company's finance chief. This move represents a significant shift toward regional supply chains, with Morocco positioned as a key production......

Divided Front: Trump's Shift on H-1B Visas Sparks MAGA Debate

As Donald Trump prepares to assume the presidency, a significant rift has emerged within his allies over the H-1B visa program, which allows US companies to hire skilled foreign workers. Former White House adviser Steve Bannon has criticized billionaire Elon Musk, accusing him of promoting “techno-feudalism”......

Tensions Rise Within MAGA Movement Over Elon Musk

Former adviser to U.S. President-elect Donald Trump, Steve Bannon, has launched sharp criticism against Elon Musk, describing him as “truly evil” and vowing to ensure he is excluded from Trump’s incoming administration. This conflict underscores deepening divisions within the MAGA (Make......

Trump and Elon Musk: A Shared Stance on H-1B Visas

The debate surrounding H-1B visas, which allow U.S. companies to employ foreign skilled workers, has found a surprising convergence between President-elect Donald Trump and billionaire tech CEO Elon Musk. Both have expressed strong support for the program, despite opposition from certain political factions. On......

Taxpayer Accounts Hacked: CRA's Failure to Protect Canadians' Data Exposed

A shocking investigation by CBC's The Fifth Estate and Radio-Canada has uncovered a massive breach of taxpayer accounts, with tens of thousands of Canadians' personal data compromised. The Canada Revenue Agency (CRA) has admitted to underreporting cyberattacks against taxpayers, with over 31,000......

Fashion Feuds Escalate: Shein Launches Legal Battle Against Temu Over Alleged Design Theft

In a dramatic turn of events that's shaking up the fast-fashion world, Chinese e-commerce powerhouse Shein has filed a lawsuit against its rival Temu, accusing the latter of widespread intellectual property infringement and fraudulent practices. The legal action, initiated in a federal court in......

Taiwan Faces Escalating Military Pressure from China amid NATO Tensions

Taiwan, a self-governing island that China claims as part of its territory, has reported a significant increase in Chinese military activity in recent years. This intensified pressure from Beijing comes as Taiwan's government, led by President Tsai Ing-wen of the Democratic Progressive Party, has......

Morocco Bucks Economic Misery Trend in North Africa

In the midst of widespread economic turmoil across the region, Morocco shines as a beacon of relative stability, as revealed by the highly anticipated Hanke's Annual Misery Index (HAMI) for 2023. This globally renowned index, meticulously curated by esteemed economist Steve H. Hanke, offers a comprehensive......

Alshaya Group Denies Rumors of Morocco Withdrawal

The Alshaya Group has unequivocally refuted recent reports suggesting a potential withdrawal from Morocco. Responding in writing, the organization dismissed rumors surrounding the possible closure of Starbucks coffee shops and H&M ready-to-wear outlets. The group's spokesperson emphasized an......