Morocco has diversified its revenue, but faces climatic and geopolitical growth challenges RABAT, Morocco (MNTV) – Morocco stands out as one of Africa’s most stable economies, despite facing some economic vulnerabilities, according to the United Nations Economic Development Report for Africa 2024. The report, issued by the United Nations Confe...
JAKARTA, Indonesia (MNTV) – The Indonesian government is ready to make policy adjustments, if needed, to anticipate any potential impact of the U.S. increasing tariffs on imported goods. Investment and Downstreaming Minister Rosan Roeslani said that the adjustments will be made to maintain and increase the competitiveness of the nationa...
The Trump administration has ordered the Consumer Financial Protection Bureau (CFPB) to halt most operations. Acting head Russell Vought directed staff to stop supervision, enforcement, and stakeholder engagement immediately. Vought, who was confirmed as director of the Office of Management and Budget last week, claims the CFPB’s operations ar...
Egg shortages are forcing grocery stores to ration purchases across the United States. In some locations, discount retailer Lidl capped a number of egg brands at two dozen per customer. In others, a number of Trader Joe’s stores limited it to one. Specialty eggs like cage-free and organic remain unaffected for the time being. CEO […]...
WASHINGTON (AA) – President Donald Trump said Sunday that he had ordered the Treasury Department to stop producing pennies. “For far too long, the United States has minted pennies, which literally cost us more than 2 cents. This is so wasteful!” he said on his Truth Social platform. “I have instructed my Secretary of th...
Government-backed initiative helps Indonesians establish businesses worldwide, boosting international trade JAKARTA, Indonesia (MNTV — Indonesia is ramping up efforts to strengthen its global economic footprint by encouraging its diaspora to establish businesses abroad. The initiative aims to foster international trade and expand the global pr...
Chief statistician Uzir Mahidin said the low unemployment rate was driven by the strong economic growth PETALING JAYA, Malaysia (MNTV) – The unemployment rate in Malaysia stands at 3.1%, the lowest in nearly 10 years. The government claims that as per statistics last December’s unemployment rate was the lowest since May 2015 (3.1%). The 544,...
Annaba Innovation Center spearheads initiative to attract private funding and strengthen the country’s tech-driven economy ALGIERS, Algeria (MNTV) – Algeria has launched a new investment network aimed at financing start-ups and fostering innovation, as part of its broader efforts to develop a knowledge-based economy and strengthen its position...
ISTANBUL (AA) – China on Friday said it regretted Panama’s exit from the Belt and Road Initiative (BRI) and slammed the US for “coercive” tactics. Beijing “strongly opposes US’ coercive pressure tactics aimed at smearing and undermining the cooperation under BRI framework and regrets Panama’s decision not to renew the BRI Mem...
New law aligns with global standards, improves job security, and protects informal workers, marking a major step in Somalia’s economic reform efforts MOGADISHU, Somalia (MNTV) — Somalia has ushered in a new era of labour reform with President Hassan Sheikh Mohamud signing a historic Labour Code, the first major update to the country’s employme...