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The Colombian peso damaged on Wednesday as markets come to grips with President Donald Trump's unclear tariff threats. The peso closed at COP4,259.90 against the United States dollar, down COP17.07 from the previous day's main rate of COP4,307.07. Trading saw the peso swing between COP4,254.50 and COP4,297.50. Investors executed 19 trades totaling US$ 1.4
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Read more: Colombian Peso Falters Amid Trump's Tariff Uncertainty
Write comment (100 Comments)President Donald Trump has taken swift action to reshape America’s immigration landscape. He ordered 1,500 additional troops to the southern border, bolstering efforts to curb illegal immigration.
This move aligns with his campaign promises to prioritize border security. Simultaneously, the Trump administration suspended all refugee arrivals to the
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Read more: Trump Deploys 1,500 Troops to Mexican Border
Write comment (96 Comments)The Mexican peso gained ground in mid-week trading, bolstered by a weakening dollar. Investors took a breather as concrete announcements on tariffs remained absent.
The local currency closed at 20.4762 pesos per dollar, according to official Banco de México data. This marked a significant improvement from the previous day’s rate of 20.6457 pesos.
The
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Read more: Mexican Peso Strengthens Amid Tariff Uncertainty
Write comment (92 Comments)(Analysis) Libya aims to enhance its tactical collaboration with Turkey, according to current declarations from Libyan officials. The Libyan Economy and Trade Minister, Mohamed Al-Hwej, highlighted Turkey's function as a crucial partner for Libya's economic development.This news originates from reports by the Anadolu Agency and other sources covering the Libya
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Read more: Libya Seeks Strategic Partnership with Turkey to Boost Economic Growth
Write comment (99 Comments)Libya's oil industry is poised for substantial growth. Oil Minister Dr. Khalifa Abdulsadek just recently revealed plans to increase the nation's oil refining capacity from 300,000 to 400,000 barrels per day.This move belongs to a wider strategy to rejuvenate Libya's energy sector. The country, which holds Africa's biggest proven oil reserves, tar
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Read more: Libya's Oil Sector Aims for Ambitious Growth
Write comment (91 Comments)Morocco took a bold step in expanding its logistics infrastructure on January 20, 2025. Government officials signed an agreement to build the Agadir Atlantic Hub dry port, a $140 million project set to transform the Souss-Massa region.
Prime Minister Aziz Akhannouch presided over the signing ceremony, underlining the project’s importance. The dry p
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Read more: Morocco Launches $140 Million Dry Port Project in Agadir, Eying Logistic Hub Position
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