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Keywords: Savings
A new report by the World Economic Forum (WEF) suggests that simple and low-cost preventive health measures could generate nearly $6 trillion in global savings by 2040, while significantly improving public health outcomes and workforce productivity. The study, titled The Longevity Dividend: The Business......
Morocco’s Deposit and Management Fund has appointed Mustapha Lahboubi as head of its Savings and Providence division, a central unit responsible for managing key national retirement and regulated savings schemes. The appointment took effect on June 1 and marks a leadership change within one of......
Canada has announced the creation of its first sovereign wealth fund, marking a significant step in the country’s long-term economic strategy. Prime Minister Mark Carney said the fund will begin with an initial capital of C$25 billion and focus on financing major domestic projects. The initiative,......
The U.S. Treasury Department announced that the Bank of New York Mellon (BNY Mellon) has been selected as a financial agent to support the rollout of the new Trump Accounts program. BNY Mellon will assist in developing the Trump Accounts application and manage the initial accounts, while Robinhood will......
A new analysis has found that solar generation across Europe saved the continent more than €3 billion in fossil fuel import costs during March, as the war in Iran drove sharp increases in oil and gas prices and revived fears of an energy crisis across the bloc. The findings underscore how rapidly......
Ireland is preparing to introduce a new type of personal savings and investment account starting in 2027, in a move aimed at encouraging households to make better use of their financial assets. The initiative, announced by Finance Minister Simon Harris, seeks to address the large volume of savings currently......
For the first time in ten years, France’s popular Livret A savings account saw more withdrawals than deposits in 2025, according to data from the Caisse des Dépôts. Net outflows totaled €2.12 billion, marking a significant shift for the long-favored savings vehicle. The Livret......
A branch of Germany’s Savings Bank in the western city of Gelsenkirchen was targeted in a major burglary over the weekend, with losses estimated at nearly €30 million, according to police sources. More than 3,000 safe-deposit boxes containing cash, jewelry and gold were broken into, prompting......
A new national survey reveals that the vast majority of Moroccan households are unable to save money, as rising food prices continue to strain family budgets and erode financial stability across the country. Inflation pressures household finances According to data released by the High Commission for......