Economy

Trump Announces Tariffs on Lumber Imports: Potential Economic and Diplomatic Impacts Last week, U.S. President Donald Trump announced his intention to impose tariffs on lumber imports, citing several reasons related to protecting the U.S. economy and ensuring fair competition. This decision targets key countries that export lumber to the United …

The national economy has seen significant improvement in recent months. This improvement is attributed to the increase in foreign direct investments, which have contributed to boosting productivity and providing job opportunities. In the industrial sector, both local and foreign companies have made significant progress. The manufacturing industries have achieved an …

Morocco has taken a major step in strengthening its defense capabilities by acquiring a new fleet of advanced Chinese drones. Military reports confirm that the Royal Armed Forces of Morocco have received a batch of “Twin-Tailed Scorpion” drones from China, known for their superior reconnaissance and precision strike capabilities. Strategic …

Mark Carney Appointed Leader of the Liberal Party of Canada On Sunday, the Liberal Party of Canada announced the appointment of Mark Carney, former governor of two central banks in Canada and the United Kingdom, as the new leader of the party. Carney is also seen as a potential candidate …

The automotive industry is one of the vital economic sectors that plays a significant role in boosting economic growth and providing job opportunities. In Morocco, this sector has seen remarkable development. It has become the largest car manufacturer in Africa, with an annual production capacity of 700,000 vehicles. By the …

Regulatory Measures to Control Metal Exports The Moroccan Customs and Indirect Taxes Administration has announced the extension of the mandatory export license requirement for brass ingots (Lingots de laiton) until February 18, 2026. This decision is part of the government’s efforts to regulate exports and monitor the flow of strategic …

Morocco has granted new exploration licenses to international companies to search for natural gas off the coast of the Moroccan Sahara. This initiative aligns with Morocco’s strategy to strengthen its energy independence and diversify its fossil fuel resources amid increasing energy demand. The project, backed by leading global energy firms, …

Morocco Attracts Major Investments in “Fuel of the Future” Through Solar Energy Synhelion, a Swiss clean-tech company, has announced a significant $1 billion investment to produce sustainable synthetic fuel using solar energy in Morocco. The announcement followed high-level meetings between Synhelion officials and Moroccan Investment Minister Karim Zidan at the …

Brazil, the second-largest exporter of steel to the United States, announced that it has started talks with the Trump administration in response to the planned increase in tariffs on steel imports, which are set to take effect on March 12. Trade relations between Brasília and Washington have become tense due …

Hungary and the United States Set to Reach Economic Agreement to Support Hungary’s Economy Amid Trade Tensions with the EU Hungarian Prime Minister Viktor Orbán confirmed on Saturday that Hungary and the United States are in the process of reaching a new economic agreement that will include a cooperation package …