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Five Mediterranean countries in the top 20 of world military spending

Five Mediterranean countries in the top 20 of world military spending
05/03/2022 | Society / Institutions
MEDITERRANEAN. World military spending has reached $2.1 trillion in 2021, an all-time record to which Mediterranean countries have contributed $150 billion.
arms, China, Covid-19, Diego Lopes da Silva, Europe, France, Germany, India, Israel, Italy, Mediterranean, Middle East, North Africa, Russia, SIPRI, Spain, Stockholm International peace research institute, Turkey, United Kingdom, United States

Algeria invests $7 billion to produce fertilizer from phosphate

Algeria invests $7 billion to produce fertilizer from phosphate
03/23/2022 | Industry
ALGERIA / CHINA. Four Algerian and Chinese partners are joining forces to launch a $7 billion phosphate processing industry project for the production of fertilisers in four wilayas in eastern Algeria.
ACFC, Algeria, Algerian-Chinese Fertilizers Company, Algérie Presse Service, Annaba, APS, Asmidal, Bled El Habda, China, Djebel Onk, fertilizer, Hadjar Soud, industry, Manadjim El Djazair, Manal, Mohamed Tahar Heouaine, Oued Kébérit, phosphate, port d'Annaba, PPI, Projet phosphates intégré, Skikda, Somine, Sonatrach, Souk Ahras, Tian'an, Toufik Hakkar, Tébessa, Wuhuan

CMI and Femise identify post-covid opportunities in five Mediterranean countries

CMI and Femise identify post-covid opportunities in five Mediterranean countries
03/03/2022 | Society / Institutions
MEDITERRANEAN. The Centre for Mediterranean Integration and Femise explore in a report the opportunities to be seized, after the health, social and economic crisis of Covid-19, to foster growth and deepen regional cooperation in the Mediterranean region.
Aix-Marseille School of Economics, Aix-Marseille University, Algeria, AMSE, AMU, Asia, Blanca Moreno-Dodson, Bruno Ventelou, Cairo, Centre for Mediterranean Integration, China, CIHEAM, CMI, Constantin Tsakas, Covid-19, Economic Research Forum, Economy, Egypt, Enhancing Mediterranean Integration, ERF, EU, Euro-Mediterranean Forum of Economic Sciences Institutes, Europe, European Union, Femise, food security, health, informal economy, integration, Jordan, Maryse Louis, Mediterranean, Mena, Michael Grasiorek, Middle East North Africa, Morocco, near-shoring, OECD, Patricia Augier, Pierre Blanc, Post Covid-19: opportunities for growth, Post Covid-19: Opportunities for growth, regional value chains and Mediterranean integration, Sami Mouley, Trading Together, Tunisia, UN, Unops, value chains, World Bank

Irena sees Morocco as a future green hydrogen giant

Irena sees Morocco as a future green hydrogen giant
01/18/2022 | Environment
MOROCCO. According to the latest report "Geopolitics of the energy transformation: the hydrogen factor" by the International Renewable Energy Agency, "the rapid growth of the global hydrogen economy can lead to major geo-economic and geopolitical upheavals and a wave of new interdependencies".
Abu Dhabi, Australia, big hydrogen, blue hydrogen, Chile, China, Croatia, European Commission, France, Geopolitics of the energy transformation: the hydrogen factor, green hydrogen, hydrogen, hydrogen plan, Irena, Italy, Japan, Mena, Morocco, Natural Earth, Oman, Portugal, renewable, Saudi Arabia, Spain, Turkey, United Arab Emirates, USA

Tunisia has a deficit of 16.2 billion dinars in its trade balance in 2021

Tunisia has a deficit of 16.2 billion dinars in its trade balance in 2021
01/13/2022 | Society / Institutions
TUNISIA. The more important increase of the imports compared to that of the exports digs the Tunisian trade balance which posts a deficit of 16,21 billion dinars, that is to say 4,97 billion €.
Algeria, China, France, Germany, INS, Italy, Libya, Morocco, National Institute of Statistics, Russia, Spain, trade deficit Tunisia, trade Tunisia, Tunisia, Turkey

Turkish lira's fall still fuels inflation chapter

Turkish lira's fall still fuels inflation chapter
12/17/2021 | Society / Institutions
TURKEY. The low interest rate policy advocated by Recep Tayyip Erdogan is leading to a surge in inflation and an inexorable fall in the Turkish lira.
AKP, Berat Albayrak, China, Christine Lagarde, Erkan Kilimci, G20, IMF, International Monetary Fund, Moody's, Murat Cetinkaya, Murat Uysal, Naci Agbal, Nureddin Nebati, Recep Tayyip Erdogan, S&P, TCMB, Turkey, Turkish Central Bank, Turkish economy, Turkish Lira, Turkish Statistical Institute, TÜIK, Türkiye Cumhuriyet Merkez Bankasi, Şahap Kavcıoğlu

Europe and the Maghreb lag behind in renewable energy jobs

Europe and the Maghreb lag behind in renewable energy jobs
10/26/2021 | Society / Institutions
EUROPE / MAGHREB. The latest study by the International Renewable Energy Agency, carried out in collaboration with the International Labour Organisation, reveals that twelve million employees work in renewable energy.
APPA, Baltic Sea, biofuels, China, Denmark, energy, environment, EU, European Union, Germany, ILO, International Labour Organisation, International Renewable Energy Agency, IRENA, Jordan, Kalyon Solar Technologies, Madrid, Mediterranean, North Africa, North Sea, photovoltaic, renewable energy, renewable energy jobs, solar, Spain, Spanish Renewable Energy Association, transition, Turkey, United States, wind power

E-commerce is a key channel for counterfeits to enter the EU

E-commerce is a key channel for counterfeits to enter the EU
10/26/2021 | Services
EUROPE. In two separate studies published in October 2021, the European Union Intellectual Property Office (EUIPO) reports on the increasing role of online trade in the sale of counterfeit goods.
Bournemouth University, Centre for intellectual property policy and management, China, Christian Peugeot, CIPPM, counterfeiting, Covid-19, Digital Services Act, e-commerce, EU, EUIPO, European Observatory on Intellectual Property Infringements, European Union, European Union Intellectual Property Office, OECD, Organisation for Economic Co-operation and Development, Paris, Singapore, Turkey, Unifab, Union of Manufacturers, United Kingdom

France's EA Pharma to acquire Spanish group Drasanvi

France's EA Pharma to acquire Spanish group Drasanvi
10/21/2021 | Industry
FRANCE / SPAIN. The pharmaceutical group EA Pharma enters into exclusive negotiations with Drasanvi, with a view to acquiring a majority stake in the Spanish group.
acquisition, Albania, Botanical Bio, Castilla y León, Chile, China, Chondrosteo, Collmar, Conceptio, Costa Rica, Drasanvi, Duab, EA Pharma, Eafit, Equilibre Attitude, Europe, Foucaud, France, Granions, Immunol and Oseogen, industry, Laboratoire des Granions, Laboratoire Merle, Lebanon, Mexico, Monaco, Motion Equity Partners, Mougins, Oligosol, Oligostim, Oscar Lopez, Paris, Peru, pharmaceutical industry, Portugal, Punchpower, Russia, Spain, Super Alimentos, Thierry Verne, United Kingdom, Villadangos del Páramo, Vital pur

"Morocco no longer accepts the Spanish position on Western Sahara”

"Morocco no longer accepts the Spanish position on Western Sahara”
06/15/2021 | Society / Institutions
SPAIN/MOROCCO. Head of the Geopolitics and Global Security Department at CIDOB, Spain's oldest international relations centre, Eduard Soler is its Mena referent. In an exclusive interview granted to econostrum.info on the occasion of his speech to the members of the Euromed-IHEDN association, he examines the love/hate relationship between Spain and Morocco.
Africa, Algeria, Algiers, Barcelona, Ceuta, China, Cidob, diplomacy of the Kings, Eduard Soler, Euromed-IHEDN, Europe, European Union (EU), France, Islet Leïla, Islet Persil, Madrid, Mediterranean, Melilla, MENA, Morocco, Polisario, Rabat, Russia, Spain, Spain's Mediterranean policy, United States, Western Sahara

Covid-19 vaccine as a new passport to boost tourism in the European Union

Covid-19 vaccine as a new passport to boost tourism in the European Union
05/20/2021 | Society / Institutions
EUROPEAN UNION. The twenty-seven member states of the European Union have reached an agreement to allow entry into the EU for travelers from third countries who have received the necessary doses of Covid vaccines.
AstraZeneca, Australia, China, Covid-19, European certificate Covid-19, European Commission, European Parliament, European Union (EU), health passport, Israel, Johnson & Johnson, Moderna, New Zealand, Pfizer-BioNTech, Rwanda, Singapore, Thailand, tourism, vaccine

Despite the crisis, global military spending grew by 2.6% in 2020

Despite the crisis, global military spending grew by 2.6% in 2020
04/29/2021 | Industry
WORLD. According to the Stockholm International Peace Research Institute (SIPRI), global military spending reached $1981 billion (€1634 billion) in 2020 compared to 2019, an increase of 2.6% and the highest level since 1988. They "include all government spending on armed forces and military...
arms, China, coronavirus crisis, Cyprus, Diego Lopes da Silva, Europe, France, Greece, IMF International Monetary Fund, India, Middle East, NATO, OPEC, Organization of Petroleum Exporting Countries, research, Russia, SIPRI, Stockholm International Peace Research Institute, United Kingdom, United States

Libya's economic outlook: A huge cake to share

Libya's economic outlook: A huge cake to share
04/15/2021 | Society / Institutions
LIBYA. The tempo is accelerating for many countries wishing to participate in the economic battle currently being waged around reconstruction and oil. The diplomatic ballet continues to grow in Tripoli. But the dancers are not all on the same footing.
Alain Chouet, Ankara. Abdel Hamid Dbeibah, Bernard Valero, Cameron, Charles Michel, China, Crete, DGSE, Egypt, EU-Turkey Migration Agreement, European Investment Bank, European Union (EU), Fayez al-Sarraj, France, Germany, GNA, Greece, Henry Marty-Gauquié, Italy, Jean-François Coustillière Gaddafi, JFC Analysis Group, Khalif Haftar, Kyriakos Mitsotakis, Libya, Libyan dinar, libyan economy, Mario Draghi, Misrata, oil, Qatar, Recep Tayyip Erdogan, Robert Abela, Russia, Saif Al-Islam Gaddafi, Sarkozy, Sfax, Spain, Tripoli, Tunis, Tunisia, Turkey, United Arab Emirates, United Nations

Trump is gone...

Trump is gone...
03/16/2021 | Reflections
Trump has left... Biden is replacing him. As expected, on the international level, relations have been disrupted. If the American strategy does not fundamentally change, the form of the relationship is nevertheless pleasantly affected. But the interests of the United States remain the same and the...
Aegean Sea, Algeria, Anthony Blinken, Axa, Biden, China, conflicts, Cyprus, Euromed-IHEDN, Europe, geopolitics, ICC, Iran, Israel, Israeli-Palestinian conflict, JCPOA, Lebanon, Libya, MBS, Mediterranean, Morocco, Munich Re, Nato, Navalny, Netanyahu, Nordstream2, Palestine, Russia, Salman, Syria, Trump, Tunisia, Turkey, UAE, USA, Washington Post

France is the world leader in anti-competitive repression, with €1.8 billion in fines in 2020

France is the world leader in anti-competitive repression, with €1.8 billion in fines in 2020
02/23/2021 | Society / Institutions
FRANCE. According to the "Global antitrust enforcement" report published by Allen & Overy, France imposed nearly €1.8 billion in financial sanctions on companies found guilty of anti-competitive measures in 2020.
 version française
Allen & Overy, anticompetitive measures, Apple, cartel, China, competition, Europe, European Commission, European Union (EU), Forex, France, Gafa, Global antitrust enforcement, Hungary, Italy, Spain, Thailand, Turkey, United Kingdom, United States

Renault records a historic loss of €8 billion in 2020

Renault records a historic loss of €8 billion in 2020
02/19/2021 | Industry
FRANCE. Catastrophic year for Renault with a 21.7% drop in revenues in 2020, despite a better second half of the year.
 version française
automobile industry, China, Covid-19, Dacia, electric vehicles, Europe, France, Italy, Luca de Meo, Morocco, Renault, Renault Samsung Motor, Spain, Turkey, Zoe

Turkey increases its trade deficit by 69% in 2020

Turkey increases its trade deficit by 69% in 2020
02/02/2021 | Society / Institutions
TURKEY. According to the Turkish Institute of Statistics, Turkish exports fell by 6.3% in 2020 compared to the previous year, with a total of $169.48 billion.
China, Fatih Dönmez, Germany, Iraq, Italy, oil, Ruhsar Pekcan, Russia, trade, TUIK, Turkey, Turkish Institute of Statistics, United Kingdom, United States

The increase in online shopping will continue post-Covid-19, in particular in Turkey

The increase in online shopping will continue post-Covid-19, in particular in Turkey
10/08/2020 | Services
MEDITERRANEAN. A study by the United Nations Conference on Trade and Development (UNCTAD), in collaboration with the Swiss e-commerce association NetComm Switzerland, reveals that "Covid-19 has changed e-commerce forever".
Carlo Terreni, China, coronavirus crisis, Covid-19, e-commerce, Italy, Mukhisa Kituyi, online shopping, pandemic, Turkey, UNCTAD, Yomi Castro

OECD reports record second quarter GDP falls in France, Italy and Turkey

OECD reports record second quarter GDP falls in France, Italy and Turkey
09/14/2020 | Society / Institutions
FRANCE / TURKEY. The decline in GDP in the second quarter in the G20 zone reached 6.9% in the zone against -1.6% recorded in the first quarter of 2009, at the height of the financial crisis. Version française
China, economy, France, G20, GDP, India, Italy, OECD, Organisation for Economic Co-operation and Development, Russia, South Korea, Turkey

Covid-19: Europe and the post-economic crisis triggered by the pandemic

Covid-19: Europe and the post-economic crisis triggered by the pandemic
05/05/2020 | Reflections
SPECIAL FILE COVID-19. On 21 April 2020 a poll was published according to which 71% of Italians believed that the European Union had "reacted badly" to the health crisis and that they "no longer see any point in being part of it", while 58% of the same Italians considered that leaving the euro zone...
China, Coface, coronavirus crisis, Covid-19, ECB European Central Bank, EU-Turkey Migration Agreement, Europe, European Commission, European Council, European Union (EU), Eurozone, France, Germany, Henry Marty-Gauquié, IMF International Monetary Fund, Italy, JFC Council, Mediterranean, North Africa, Open Forum, Reflection, Russia, social and solidarity economy, Spain, Turkey, United States, Vestager

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About Econostrum.info Econostrum.info is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin.
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