Economy

1018 Articles
Economy

Morocco’s central bank explores digital currency for cross-border payments

Morocco's central bank, Bank Al-Maghrib, is actively exploring the implementation of a central bank digital currency (CBDC) to enhance peer-to-peer and cross-border payment...

Economy

Malta’s National Statistics Office reports a 25% increase in tourist arrivals during the first four months of 2025

Malta's tourism sector has experienced a significant surge in 2025, with the National Statistics Office (NSO) reporting a 17.4% increase in inbound tourist...

Economy

Malaysia’s Economy Grew 4.5% Year-on-year in Q2 2025, Driven by Strong Domestic Consumption and Steady Manufacturing

Malaysia's economy expanded by 4.5% year-on-year in the second quarter of 2025, maintaining the growth rate from the previous quarter. This performance was...

Economy

Trump Signs 19% Tariff on Indonesian Goods; EU Plans $84.1 Billion in Retaliatory Tariffs

President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....

Economy

Lesotho’s textile industry faces collapse as U.S. imposes 50% tariffs, threatening 40,000 jobs

Lesotho's textile industry, a cornerstone of its economy, is facing an unprecedented crisis following the United States' imposition of a 50% tariff on...

Economy

Goldman Sachs Finances $270 Million Affordable Housing Project

Goldman Sachs has committed $270 million to finance a significant affordable housing project in Brooklyn's East New York neighborhood. This initiative, announced by...

Economy

South Korea to Develop Roadmap Aiming for Developed Market Status by Year-End

South Korea is actively pursuing a roadmap to achieve developed market status by the end of 2025, aiming to attract greater foreign investment...

Economy

South Korea, EU Seek US Trade Deals to Mitigate Tariff Impact

In July 2025, the European Union (EU) and South Korea intensified efforts to negotiate trade agreements with the United States, aiming to mitigate...

Economy

Kazakhstan’s crude oil production in 2025 surged by 7.5%

Kazakhstan's crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...

Economy

U.S. President Donald Trump imposes 35% tariff on Canadian imports, escalating trade tensions and impacting global markets

President Donald Trump has escalated trade tensions by announcing a 35% tariff on all Canadian imports, effective August 1, 2025. This move intensifies...