Economy

Turkish lira weakens anew towards record low against dollar

The Turkish lira slid 0.7% against the dollar on Monday, weakening once again towards its record lows against the U.S. currency as concerns persisted over the central bank's monetary easing despite inflation above 21%. At 0617 GMT, the lira stood at 13.8500 compared to a close of 13.7485 at Friday's close. It touched an all-time ...

10:25 Et December 6, 2021

OPEC+ oil output decision in the balance as Omicron hammers prices

OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release ...

12:48 Et December 2, 2021

German unemployment continues to fall

Unemployment in Germany fell to 2.317 million in November. This means that 60,000 fewer people were without a job in November than in October, and 382,000 fewer than ...

13:15 Et November 30, 2021

Food, gas prices pinch families as inflation surges globally

From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a ...

15:30 Et November 29, 2021

Shippers prepare for another pandemic crush of holiday gifts

The last holiday season was far from the most wonderful time of the year for the U.S. Postal Service: Sick and quarantined workers, a flood of packages from ...

15:30 Et November 28, 2021

Stores kick off Black Friday but pandemic woes linger

Retailers are expected to usher in the unofficial start to the holiday shopping season Friday with bigger crowds than last year in a closer step toward normalcy. But ...

16:15 Et November 26, 2021

Morocco's Employers' Association to Lead Economic Mission to Israel on Dec. 12-15

The General Confederation of Moroccan Enterprises (CGEM) will organize an economic mission to Tel Aviv, December 12-15, on the sidelines of the launch of the new air route ...

19:45 Et November 24, 2021

French Official Reiterates his Country's Willingness to Further Host Moroccan Investors

French Minister Delegate for Foreign Trade and Attractiveness, Franck Riester, reiterated on Tuesday in Rabat his country's willingness to further host Moroccan investors. "I stress France's willingness to ...

11:20 Et November 24, 2021

Euro Area Business Activity Accelerates In November

Eurozone business activity growth speeded up in November after hitting the six-month low last month, a London-based global data company said on Tuesday. "The upturn was accompanied by a further marked increase in inflationary pressures during the month, as firms' costs and average selling prices charged for goods and services both rose at record rates," ...

14:15 Et November 23, 2021

Morocco's Official Reserve Assets Up 11.1%

Morocco's official reserve assets amounted to 323.8 billion dirhams on November 12, 2021, up by 11.1% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) ...

19:02 Et November 22, 2021
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