The economic rebound is real but still fragile

The tone of the new INSEE conjuncture note, published this Wednesday, has changed. “ Almost two months after the start of the deconfinement started on May 11, the French economy has recovered quite sharply “, Indicates the statistical institute, for which the companies of the sectors which are not any more constrained by measures of […]

Macroeconomic conditions will continue to deteriorate until 2021

“Despite broadly moderate developments in 2019, macroeconomic risks are expected to worsen in 2020, as a result of the pandemic shock, the repercussions of which will undoubtedly deteriorate macroeconomic conditions in 2020 before gradually starting a recovery from 2021”, indicates Bank Al-Maghrib (BAM) in a press release sanctioning the work of this 11th meeting of […]

The Competition Council accepts no responsibility for leaks from the report

Posted by SJ on Tuesday July 7, 2020 The Competition Council categorically relieved all responsibility for the information reported by certain media regarding the dossier relating to possible anti-competitive practices on the national hydrocarbon market. Driss Guerraoui, President of the Competition Council. The report of the Competition Council on the existence of alleged anti-competitive practices […]

CaptureDoc enters the Moroccan market

CaptureDoc, the exclusive representative in Morocco and in French-speaking Africa of Kofax solutions, world leader in cognitive capture and Robotization (RPA) solutions, supports companies in the digitalization of their document flows and in the overhaul of their business processes. A huge challenge linked to the intensive processing of information, generating a reduction in the costs […]

English tourists cancel trips and stays in the Algarve

© Lusa (file) ByMaria Augusta Casaca 07 July, 2020 • 15:15 Before the British government’s decision was announced, tourists from the United Kingdom were canceling trips to the Algarve. The president of the Regional Tourism Authority of the Algarve (ERTA) has an explanation: “the fact that in the British media is being announced two weeks […]

Worse-than-expected recession in Europe

The European Commission has downgraded its activity forecast for the year due to a “ economic impact of the containment more serious than what we had initially planned “Said Vice-President Valdis Dombrovskis on Tuesday. Instead of the 7.7% forecast for May, the decline in euro area GDP for this year would ultimately be 8.7%. An […]

National HIV testing campaign from November 25 to December 25

Rabat – The Ministry of Health is organizing the 9th national screening campaign for the human immunodeficiency virus (HIV) from November 25 to December 25, under the slogan “Early detection for an AIDS-free generation”. Initiated with the support of the Global Fund to Fight AIDS, Tuberculosis and Malaria, and in partnership with thematic NGOs and […]

Economy survives shock but recovery will be slow

The HCP estimates that at the end of the second quarter of the current year, the national economy would have contracted by 13.8% in the second quarter of 2020, after an increase of 0.1% the previous quarter, under the effect a 14.4% drop in non-agricultural value added and a 6.1% decline in that of agriculture. […]

Clearcut at Galeria Karstadt Kaufhof – Economy

At least 62 branches of Kaufhof and Karstadt will be closed. These include locations in Berlin, Hamburg and Munich, but also in many smaller cities. The closures affect around 7,500 employees. There is a clear cut at Galeria Karstadt Kaufhof: Management and employee representatives have agreed on a social plan. Thereafter, at least 62 branches […]