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Business and Finance news from around the world, including Energy, Corporate and Economic news



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Morocco Flag


Morocco Debates IMF Guidance

By Siham Ali in Rabat Controversy has erupted in Morocco over the economic recommendations given by the International Monetary Fund (IMF) to Moroccan authorities. In parliament, MPs debating the draft 2015 Finance Law criticised the interference of international bodies in the Moroccan budget. Constitutional Union MP Chaoui Belassel took issue specifically with the IMF directives […]

Spain's national flag. Photo by beamillion, Wikipedia Commons.
Spain's national flag. Photo by beamillion, Wikipedia Commons.


Spain And The Shadow Of Unemployment

The financial crisis has taken its toll on household consumption. It’s not news that the unemployed are spending less. But new research from Spain suggests that they’re not the only ones who are cutting back. Consumption is down even among those who have kept their jobs and salaries. A rising unemployment rate casts a long […]

Madrid, Spain. Photo by Fermín Rodríguez Fajardo, Wikipedia Commons.
Madrid, Spain. Photo by Fermín Rodríguez Fajardo, Wikipedia Commons.


1,566,953 Foreign Citizens Registered With Spanish Social Security System In October

The number of foreign citizens registered with the Spanish Social Security System stood at 1,566,953 in October, a decline of 0.97% on the previous month. The highest figures for foreign workers correspond to Romania, Morocco, China and Ecuador, with 270,985, 183,058, 91,554 and 73,280, respectively. La Rioja, Andalusia, Castile-Leon and the Region of Valencia are […]

Dollar bills
Dollar bills


IMF’s Analysis Of US Economy: Faulty Assumptions And Bad Policy Advice

By James M. Roberts The International Monetary Fund’s (IMF’s) 66-page report on its 2014 consultation with the U.S., pursuant to Article IV of the IMF’s Articles of Agreement, repeats a number of long-standing, orthodox, and desirable policy recommendations that urge the U.S. to confront its many long-term fiscal and monetary challenges. This year’s report also […]