Economy

US Weekly Jobless Rises After 7 Weeks

The US Labor Department said Thursday that the weekly filing for jobless benefits in the United States was about 37,000 above the previous week, rising for the first time in nearly two months in a setback to the recovery from the coronavirus pandemic. In a statement, the department said that "in the week ending June ...

4:30 pm Et June 18, 2021

EU: Passenger Car Market Expands 53.4% In May

The EU's passenger car market expanded by 53.4% in May compared to the same month last year, an industry association said Thursday. "Nevertheless, last month's result is still ...

5:00 pm Et June 17, 2021

Biden to urge G-7 to compete China's efforts

The United States plans to push democratic allies on Saturday to publicly call out China for forced labor practices as the Group of Seven leaders gather at a ...

10:38 am Et June 12, 2021

World Bank Forecasts Morocco's GDP to Grow 4.6% in 2021

Morocco's GDP is set to grow by 4.6% in 2021, according to the World Bank. "In Morocco, output is expected to rebound to 4.6 percent in 2021 as ...

5:24 pm Et June 11, 2021

Morocco, Turkey seek to consolidate economic partnership through new roadmap

Morocco and Turkey have expressed their will to strengthen the bilateral relations, notably in the economic partnership through a new roadmap aiming at promoting investments. According to MAP ...

12:08 pm Et June 9, 2021

US official: Trade between Morocco, United States multiplied fivefold since 2005

The Chargé d'affaires of the US Embassy in Morocco, David Greene, said Monday in Casablanca, that trade between Morocco and the United States has increased fivefold since 2005, ...

12:39 pm Et June 8, 2021

World Bank Loans Morocco $450 Mln to Improve Early Childhood Development Outcomes

The World Bank has approved a US$450 million loan to support Morocco’s long-term strategy to strengthen human capital. The loan for Improving Early Childhood Development (ECD) Outcomes in ...

10:45 am Et June 6, 2021

World Bank pauses Mali payments after coup as leader warns against sanctions

The World Bank said on Friday it had temporarily paused payments to operations in Mali following a military coup, while the man expected to become the new prime ...

12:18 pm Et June 5, 2021

US: 559,000 Jobs Added in May, Unemployment Rate Declines to 5.8%

The Labor Department announced Friday that the unemployment rate fell to 5.8% in May as the country added 559,000 jobs in an economy swiftly emerging from the coronavirus pandemic. In a statement, the Bureau of Labor Statistics, a unit within the Labor Department said that the total nonfarm payroll employment rose by 559,000 in May, ...

11:07 am Et June 5, 2021

Morocco's trade deficit narrows by 4.2% in last 4 months

Morocco's trade deficit narrowed by 4.2% in the first four months of 2021 compared to the same period in 2020, the Exchange Control Office has said, according to ...

12:23 pm Et June 4, 2021
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