First Independent Mena Newspaper
Morocco finds itself strategically positioned between significant challenges and emerging opportunities as global economic tensions reshape international trade patterns. During a comprehensive economic briefing held Monday in Casablanca, Allianz Trade’s Africa and Middle East economist Lluis Dalmau Taulés analyzed how escalating U.S.-China trade conflicts are creating both risks and potential advantages for Moroccan businesses. The […]
The United States expressed its “deep concern” over the continued oil closures in Libya, calling on “responsible leaders” to “recognize that the shutdown harms Libyans throughout the country and has repercussions across the global economy, and should end it immediately.” In statement released on Wednesday, the US Embassy in Libya said that the closures are […]
The National Intelligence Council’s (NIC) report ‘Global Trends 2030: Alternative Worlds’ has outlined three global trajectories, or development in the interactions among world’s states, during the next 15-20 years. Under the ‘Reverse Engines’ scenario, mercantilism and protectionism could lead economic globalization to go into reverse, constraining technological breakthroughs required to manage scarce global resources. The […]
Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]
The upshots of the global financial crisis are long to list. In a catchy word, they are condensed in the phrase “shift to the East”. Driven by the increasing power and strength of emerging market economies, the timing and extent of the shift raise questions over what real objectives the new players are set to […]