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World Bank Approves $500 Million to Support Jobs, Green Growth in Morocco
Agadir – The World Bank has approved a $500 million financing package for Morocco under the First Morocco Jobs and Green Growth Development Policy Loan, aiming to support employment creation and the country’s green transition. The program is the first in a series of three planned operations looking to advance Morocco’s jobs roadmap by expanding employment opportunities, strengthening labor market systems, and stimulating private sector development, particularly among small and medium-sized...
Oil-Rich Latin America Lures Traders Navigating War Jitters
Latin American assets have emerged as a haven for emerging-market investors trying to navigate an increasingly volatile global backdrop, buoyed by a roster of oil exporters and greater insulation from tensions in the Middle East.
The AI That Is Too Dangerous to Release: What It Means for Moroccan Businesses
A few days ago, Anthropic, one of the world’s leading artificial intelligence companies, did something unprecedented: it built what may be the most powerful AI model in history and then refused to release it to the public. Not because it failed. Because it succeeded too well. The model is called Claude Mythos. And whether Moroccan business owners know it or not, what happens with this technology in the next 12 months will directly shape the competitive landscape of every sector in Morocco, from...
Inside the American Startups Trying to Break China's Mineral Chokehold
For over a decade, China has quietly built effectively a monopoly on the critical minerals that power everything from smartphones to fighter jets and the US is now racing to catch up. David Westin speaks with a New Hampshire startup called Phoenix Tailings, where CEO Nick Myers is trying to break China's chokehold on the supply chain. He also talks with author David Abraham, CFR's Heidi Crebo-Rediker, and former US Ambassador to China Nicholas Burns about how the US fell so far behind, and wheth...
Commuting to work is costing us all more of our free time - and the hunt for affordable homes is to blame
NewsWorldAmericasCommuting to work is costing us all more of our free time - and the hunt for affordable homes is to blameThe average one-way commute time hit 27.2 minutes in 2024Katie Hawkinson in Washington, D.C. Sunday 12 April 2026 13:02 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmar...
Economic inequality is destroying our democracy
“We can either have democracy in this country, or we can have great wealth concentrated in the hands of a few. But we can’t have both,” Supreme Court Justice Louis Brandeis once warned. His concerns have never been more relevant. Economic and wage inequality has hit a 30-year high. Among peer countries, the U.S. ranks first in poverty, second in infant mortality…
Moroccans Rank Second Among Foreign Property Buyers in Spain
Agadir – Moroccan nationals are one of the most active foreign groups in Spain’s real estate market, accounting for 7.7% of all foreign home purchases. The data shared by La Razon identified Moroccans as the second largest community among foreign property buyers in Spain. The figures place Moroccans second after British buyers, who lead with 7.8%, indicating the growing weight of Moroccan demand in Spain’s housing sector. In the second half of 2025 alone, Moroccan buyers completed 5,154 t...
Taxpayers told about £200 rule as HMRC issues 'you need to pay' message
Taxpayers told about £200 rule as HMRC issues 'you need to pay' messageHow much you owe HMRC can varyCommentsMoneyNicholas Dawson12:17, 12 Apr 2026View 2 ImagesHMRC has urged people to do a quick check(Image: Getty)Taxpayers may want to check their details, as they may be liable for an HMRC charge. The amount people are required to repay depends on their earnings level.The organisation shared a message with taxpayers on the social media platform X earlier today, April 12, which reads:...
Remote working tribunal cases in Great Britain fall for first time since Covid hit
Last year’s drop may reflect rising unemployment and improved right to request flexible working, experts sayThe number of workers in Great Britain taking their bosses to employment tribunals over remote working fell last year for the first time since Covid hit, with a tightening labour market making some more reluctant to leave roles despite return-to-office mandates.There were 54 employment tribunals decided in England, Scotland and Wales in 2025 that cited remote working, according to an analy...
Sharjah pushes mall upgrades, SME support to drive retail growth
Dubai: Sharjah is stepping up efforts to strengthen its retail ecosystem, with the Sharjah Chamber of Commerce and Industry holding talks with shopping mall operators to improve service standards, support SMEs and raise the sector’s investment appeal.Sign up for our daily business newsletter, Cheques & Balances.The meeting brought together representatives from the Shopping Malls Sector Business Group alongside chamber officials to align on priorities that can lift competitiveness and position ma...
Sindh Govt approves subsidy package for transport sector, farmers
KARACHI: Sindh Chief Minister Syed Murad Ali Shah chaired a review meeting on the implementation of a targeted public transport subsidy programme and financial assistance for small farmers. All Govt Schemes News The meeting was attended by provincial ministers Sharjeel Inam Memon, Nasir Shah, Mukesh Kumar Chawla, Muhammad Bux Khan Mahar, Karachi Mayor Murtaza Wahab, Chief Secretary Asif Hyder Shah, Principal Secretary Agha Wasif, Commissioner Karachi Hassan Naqvi, and secretaries of the finance,...
Triple lock 10 per cent warning as Iran war could spike inflation
Triple lock 10 per cent warning as Iran war could spike inflationState pension payments go up each April in line with the triple lock policyCommentsMoneyNicholas Dawson11:22, 12 Apr 2026View 2 ImagesState pension payments go up in line with the triple lock(Image: Getty)The triple lock mechanism could deliver another substantial boost to the state pension next April. State pension payments underwent an increase of 4.8 per cent in April thanks to the policy.The Government measure ensures that pay...
ADX firms deliver Dh200 billion profit with 98% disclosure compliance
Dubai: Companies listed on Abu Dhabi Securities Exchange reported combined net profits exceeding Dh200 billion for 2025, alongside a 98% compliance rate in audited financial disclosures, highlighting a market environment backed by strong governance and consistent investor engagement.Sign up for our daily business newsletter, Cheques & Balances.The exchange said 99 out of 101 listed companies submitted audited results within the mandated 90-day period, with the remaining firms operating on differ...
EOBI issues recent financial figures
ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) investment portfolio reached Rs 691.91 billion as of February 28, with fixed-income instruments continuing to dominate its asset mix and income generation. According to documents available with Wealth Pakistan, fixed-income assets account for Rs 592.12 billion, or 85.58 percent of the total portfolio. Within this category, Pakistan Investment Bonds (PIBs) form the backbone at Rs 540.35 billion, with accrued profit of Rs 49.61 billion....
The states revealed as best to start a family amid cratering belief in the American Dream
For those chasing the American dream, a new study has some insightful information about what it takes to attain it – along with data that might determine the best states to set down roots.Declining marriages and broken families are crippling predominantly blue states, while red states thrive with better economic mobility, education and lower crime, according to a 2026 Family Structure Index released Tuesday by the Ohio-based Center for Christian Virtue.In partnership with the Institute for Famil...
ADNOC Gas, Fertiglobe named top picks in Bernstein’s MENA energy call
Dubai: Bernstein has initiated coverage on the MENA energy sector with a bullish view on UAE-listed ADNOC Gas and Fertiglobe, naming both among its top investment picks and pointing to strong cashflow visibility, sovereign backing and disciplined capital structures.Sign up for our daily business newsletter, Cheques & Balances.The global equity research firm, backed by Societe Generale and AllianceBernstein, said the UAE’s energy model stands out for its ability to convert state-owned assets into...
Event Bets Pose a Problem for Wall Street Firms Looking to Trade
Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly volumes on platforms like Polymarket and Kalshi into the billions of dollars.
Economic shock of Middle East war to cast shadow over IMF, World Bank meetings
Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia's full-scale invasion of Ukraine in 2022. Top officials at the International Monetary Fund (IMF) and the World Bank last week said they would downgrade their forecasts for global growth and raise their inflation forecasts as a result of the w...
Saudi Arabia says key oil pipeline back to full capacity after attacks
The Ministry of Energy says the East-West pipeline is back to pumping about 7 million barrels per day.
Legendary Bollywood singer Asha Bhosle dies aged 92
Bhosle recorded more than 12,000 songs in multiple Indian languages over a seven decade career.