The U.S. is on track for a $1.6 trillion federal budget deficit in 2024, escalating to $1.8 trillion by 2025, and returning to $1.6 trillion in 2027. The Congressional Budget Office (CBO) projects a peak at $2.6 trillion by 2034. In 2024, the deficit will constitute 5.6% of GDP, climbing to 6.1% in 2025, then […]
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OCP’s $14 Billion Investment: Strengthening Morocco’s Role in Global Phosphate Production
OCP Group, a giant in phosphate production, is making headlines with its bold plan to invest over $14 billion (about MAD 139 billion) from 2025 to 2027. This investment is not just a big deal for the company; it’s a game-changer for global food security and Morocco’s economy. So, what’s the plan? OCP will spread […]
Wealth Surge: Why the World’s Richest Keep Getting Richer
The world’s wealthiest individuals have reached unprecedented levels of fortune, driven by substantial gains in stock markets. Capgemini’s study shows the number of high-net-worth individuals grew by 5.1% in 2023. Now, 22.8 million people globally have investable assets exceeding one million dollars. Their combined wealth rose by 4.7%, reaching $86.8 trillion. This surge correlates with […]
Military metaverse like a ‘multiplayer video game’ that will train soldiers using augmented reality and AI
A video game-like training simulator for Air Force pilots will give them a major advantage in real-life combat campaigns, a former F-22 pilot told Fox News. The military metaverse is a virtual space where soldiers interact and train with their comrades using artificial intelligence and augmented reality, which overlays digital content on the real world, […]